Dear Jonathan,

Thank you for contacting Mearto with your appraisal inquiry.

The presented object appears to be a gouache drawing on paper with 13 x10 inches measurements. The drawing depicts a woman with a basket accompanied by a rabbit. The drawing is signed by James xx Waldem. Sadly no additional information for an artist with this name fitting in style and motif is given by reference books and databases.
Comparable objects were recently not offered and sold on the international auction market.
This piece is in good condition and no severe damage is visible in the images provided.
A fair market estimation would be between 100 to 200 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,
George