Dear David,

Thank you for contacting Mearto with your appraisal inquiry.

The presented object appears to be a painting made in oil paint on canvas with the measurements of 12 1/2 x 17 1/2 inches. The artwork depicts a landscape with a lake and a mountainside in the background. It is signed with the name "Julius Schmitt" and was made in the first half of the 20th century in Germany.
This piece is in good condition and there is no serious damage visible in the images provided.
A fair market estimation would be between 60 to 120 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