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Sorry its taken so long, I forgot all about itPlease post a photo of it...that way we should be able to date it for you.
I agree with Mary Jane - early '50s and silk faille. But then, if the business only started in the '60s perhaps its one of the nostalgia fashions of the late '60s to early '70s. If it is from the earlier date ('50s) I'd expect to find that the hem had been taken up.
Well thats what I was doing way back in 2011 and didnt find anything similar, thats why I emailed you guys when I came across your website! Have done a google search again and still nothing similarSian, we don't give out pricing here on our boards.
The best thing to do is that now that you have more of an idea of what it is, is to simply put in a google search
for faille coats and take a look at the results, you should be able to judge what you could get.