Thank you for contacting Mearto with your appraisal inquiry.

It is a lovely doll. Such walking dolls are being offered at auction on a regular basis.
The doll is what you would call mechanical and is able to walk when supported. It is made of composition that has been painted. The clothes appear to be original and the doll looks as if it is in an overall good condition. It dates from the 1930s-1940s.
The estimate provided is for a well-advertised specialised online toys auction, where I believe the doll has the best chance of realising its fullest potential. However, there is no measurement for the sentimental value you might attach to the walking doll. Retail "asking prices" can be higher and vary.

Please let me know if you have any additional questions. I’m happy to help.
Thank you