Bea, there are more than 17,000 registered Paphiopedilum Hybrids.
This one is described as a complex or standard type and it is very nice. They cannot be mericloned (copied) so your plant was either raised from seed or is a division from the mother plant.

Thanks Arthur. I am still pretty new at orchid growing so I didn't recognize it as a lady slipper. The flower is so large! I didn't buy either because they are too expensive for my pocketbook right now but I am putting them on my wish list.

This post was edited by bea2014 on Mon, Dec 29, 14 at 7:05

They will never be cheap because at the moment they cannot be mericloned, so mass production is not possible.
So you can readily sell divisions at orchid shows etc.etc. But then you might have to join an orchid society. Must be numerous orchid societies in Florida.
When you say "lady slipper" you could also be talking about Cypripedium which is the Genera name for the native (slipper) orchids in the USA. They are closely related.

I saw one "lady's slipper" at orchid show in Calgary last June. It wasn't as big like this one. It's all purplish burgundy kind of color and just one stem with 1 flower costs $60!! I just looked at it...

Tanie