Dear Hilton,

Thank you for contacting Mearto with your appraisal inquiry and I wish you a Happy New Year 2021. My sincere apologies for the delay with the appraisal.

The presented object appears to be an Indo-Persian miniature illuminated manuscript made with gouache on paper with measurements of 8 x 10 inches. The illustration depicts a hunt and was probably made in the 19th century or early 20th century.
Such miniatures were recently offered and sold on the international auction market.
This piece is in good condition and there is no serious damage visible in the images provided.
A fair market estimation would be between 100 to 200 USD.
This estimate is based on actual recent past recorded auction sales of comparable items. Retail "asking prices" can be higher and may vary.

With kind regards,
Georg