research on the web after I bought this lovely vase got me to conclude that this is waxed satin ribbon - from similar items I found..
Whether it is ribbon that has been made ridged using actual wax or some other transparent sizing to firm up the ribbons I just don't know. If you do, please let me know . Bought it for myself, but honestly can't find a place for it now. Got it on a thrift store expedition fairly recently - want it to have a good home and I do need to make a living.
The prices for works of this type that I've seen seem awfully high.. I'm asking as a BIN price lower than most I found and I always do "best offer".
I pack carefully and mail quickly - my feedback will attest to that you will find.