Dear Itsik,

Thank you for contacting Mearto with your appraisal inquiry.

The presented object appears to be a charcoal drawing on paper with the measurements of 40 x 30 inches.
This drawing depicts on one side and abstract composition and on the reverse side two persons. It is signed with the name of Pablo PICASSO (1881-1973). This artwork differs in style, depiction, and composition to ensured artworks and the signature differs also to ensured signatures of this artist.
Artworks of this artist were recently offered and sold on the international and national auction market.
This piece is in good condition and there are no serious damages visible.
An estimation for an authentic painting with this motif and size would be between 50.000 to 100.000 USD.
This estimation is based on actual recent past recorded auction sales of comparables. Retail "asking prices" can be higher and 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