Dear Dalton Buell,

Thank you for your appraisal submission. The work is a modern watercolor painting on paper depicting a sailor with a drink. The work is signed "M5" or "MS" to the lower right corner, and dated 1955. We were unable to match this signature and style to any listed artists, therefore the work remains unattributed. From the photographs provided, the work appears to be in fair condition with toning to sheet, creasing throughout. There also appears to be some staining to the left eye. The work measures 18 x 30 inches.

Without an artistic attribution, the Fair Market Value of this work is estimated based on sales trends of modern watercolor portraits, sailor compositions, and condition. A comparable watercolor portrait of a sailor by an unknown artist sold in 2017 for 22 pounds. Another comparable watercolor portrait of a sailor with a drink sold in 2015 for 50 pounds. Watercolor paintings of sailors that sell over $100 tend to be scenic depictions of sailors on boats or in groups, not matching the composition of the subject work. Looking at these sales trends, we estimate the Fair Market Value of this work between $0 and $200.

Thank you again for your appraisal submission.

Kind regards,
Charlotte B.