Hello, this item is a Korean ink painting scroll in the literati landscape tradition, most likely dating to the mid to late 20th century, consistent with the stated acquisition in the 1970s. The composition, with mountainous scenery, small architectural elements, and calligraphic inscription, follows East Asian scholarly painting conventions rooted in earlier Chinese models but widely practiced in Korea. The brushwork appears competent but not of a highly refined master level, suggesting it was produced either by a trained but not widely recognized artist or within a workshop or studio context. The mounting, including the patterned silk borders and roller ends, appears relatively modern and typical of pieces prepared for export or decorative use during the 20th century. The seals and inscription add aesthetic value but do not immediately correspond to a documented, high-value artist.

From a market perspective, Korean and East Asian scroll paintings of this type are collected primarily for decorative and cultural appeal unless a known artist or strong provenance is present. The condition, described as worn but without tears, is important, as condition issues can significantly impact value in paper-based works. Given the anonymous authorship, standard quality, and decorative appeal, this piece falls into the accessible market segment. The fair market value is estimated at $200 to $500 USD.