Dear Darryl,

Thank you for contacting Mearto with your appraisal inquiry. My sincere apologies for the delay with the apprisal.

The presented object appears to be a watercolor drawing on paper with the measurements of 9 x 7 inches. The drawing depicts a head colored with blue undertones. It appears to be signed by Pablo Picasso. The style, the quality of the composition, and the handwriting of the signature show differences to comparable to authenticated artworks by Pablo Picasso.
Works by this artist were recently offered and sold on the international auction market.
This piece is in good condition and there is no serious damage visible in the images provided.
Fair market estimation for an authenticated artwork with this technique, motif, and size would be between 100.000 to 300.000 USD.
This estimate is based on actual recent past recorded auction sales of comparable items. Retail "asking prices" can be higher and may vary.

Because of the differences to ensured works and the high potential value, this artwork requires further authentication research. This estimate is provided on the condition of authenticity.

With kind regards,
Georg