Thank you for submitting your item for appraisal. This appears to be a chinese production line painting from Dafen, China. The painting depicts an old man smoking a pipe , it is signed WDawson lower left. The name is just a pseudonym. There are horizontal creases within the canvas which indicate that the painting was rolled up once before it was stapled on a stretcher. Several other paintings by the same workshop have been offered or sold at auction. The estimate is based on recent auction results. There is no measurement for the sentimental value you might attach to this Santa like image.