Alan. Congrats on a nice find. Your glove is from the Reach company. It dates to the 40s. It is very rare. In excellent condition it is a $150-$200 glove. It is an adult glove, but not a high end model. The best gloves have leather piping (yours is cloth), a manufacturers patch, stamped buttons, heavier leather etc. That being said, your glove is quite desireable among player model and team collectors. It also has pretty good stamping. I would replace the damaged lacing in the heal, clean it up with a clean cloth and leather cleaner like lexol or murphy's oil soap, let it dry, then give it a light coat of vasoline inside and out.
It is widely believed that the earliest endorsed player model gloves appeared in the teens, and featured the top stars of the day in order to sell more gloves, i.e. Cobb, Wagner, Collins, Johnson, etc.
Check out this site for excellent resource guides from our good freind Joe Phillips.
http://www.glovecollector.com/
