Dear Przemyslaw,

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 65.5 x 48 cm. The painting depicts the portrait of a woman standing in the street holding a violin which identifies her as a street musician. The painting is signed not clear readable in red letters. The signature could be interpreted as "C. Hay". Sadly no further information regarding the biography of this artist is mentioned in reference books or similar databases. The depiction of the anatomical details of the woman and the quality of the painting itself is a hint that this painting was made by a not academical educated artist. It was made in the late 19th or early 20th century.
Works by this artist were recently offered and sold on the international auction market.
This piece is in medium condition and there is no serious damage visible in the images provided.
A fair market estimation would be between 100 to 250 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