Hi Eileen,

Thank you for contacting Mearto with your appraisal inquiry.
Hummel figures were incredibly popular among collectors in the 1950s-1990s and there are a lot of them on the market, unfortunately with less demand than supply so it is quite rare for individual pieces to be worth more than $5-50 each, at auction. The value can occasionally be increased if the piece retains its original factory packaging.
Hummel figures were often made in several sizes, so knowing the height will help more accurately pinpoint its value.
Based on the photos and information provided, and subject to examination, this is:

A vintage Hummel hand painted porcelain "School Boy" collectible figurine
Model #82 2/0, made by W. Goebel, West Germany, bearing the TMK-3 mark in use from 1960-1963
Depicting a young boy in lederhosen, wearing a backpack and walking, the circular base with paper label inscribed "School Boy," underside impressed "82 2/0"
(DIMENSIONS)
CONDITION: appears to be in good condition
PROVENANCE: inherited
$10-50*
*represents a fair-market value for auction purposes; retail or asking price may vary.

Please let us know if you have additional items to appraise, and thank you again for using Mearto.