In the old days, women wore a lot of lingerie under their dresses and most of them started with this: a chemise. This is not a slip with an open bottom, this is more like a romper or a teddy but they were not called Teddies in those days. This is silk satin, and yes there is such a thing. It is not perfect as stated in the title. It once had ribbon straps which are now missing and, some of the silk is shattering. It has not been soaked or laundered, that would be up to you. Some discolorations, it is hard to tell what the original color was it may have been a peachy pink or ivory color. Drawstring ribbon above bust, which makes it strapless in its present state. Good quality lace trim at bust and leg openings. I have more imperfect vintage listed for anyone who is ambitious enough to do restorations. In this case, a few lace appliques, a good soaking and new ribbon straps would be all it needs and you could sell it for four times the price I have here (or more)! ... or you can wear it At 44" bust and 62" hip, it's quite large, however they wore these baggy and loose back then.