Anybody know a thing about antique furniture?

Selling this for my mother, who has had it since before I was born. I don’t know anything about furniture. What sort of wood am I looking at? What is an old bed worth?

The bed is marked “ROUND END BEDS W.F. CO” and the headboard has the number “136" on it. Google has not been helpful, other than to find an old ebay auction for a W.F. CO bed, purported to be of 1920's vintage, selling for $249. I was just going to put it on CL, but if that other one got six bids on ebay, I might list it there instead.