Figurine in the style of Goebel Hummel "School Boys"

This ceramic figurine depicts three stylized young boys in traditional mid-20th-century German-style attire, concentrated around a small chalkboard. The composition is stylistically consistent with the aesthetic of M.I. Hummel figurines produced by Goebel, characterized by rosy cheeks, oversized shoes, and rustic textures. The central figure wears a purple outfit and a feathered hat, holding a slate that displays the equation "1 + 1 =" in white. To his left, a boy in a red-plaid jacket carries a wooden backpack, while the boy on the right wears a similar orange-plaid jacket and green shorts. The piece is mounted on an oval beige base featuring a small metallic or printed plaque that appears to read "School Boys." The hand-painted finish utilizes a muted, earthy color palette of ochres, deep reds, and soft violets. Visible condition appears good with a soft matte glaze, though there is potential light surface dust and minor shelf wear consistent with a display piece. Without a visible maker's mark or trademark on the underside, this identification as a Goebel Hummel remains a stylistic hypothesis based on the figure's modeling and thematic content.

Based on my examination of the photograph, I have analyzed this figurine which displays characteristics consistent with the 'School Boys' model (Hum 170) associated with the M.I. Hummel line by Goebel. The stylistic features, such as the matte finish and the '1 + 1 =' slate, suggest it is a mid-20th-century ceramic piece. However, because I cannot inspect the underside for the characteristic 'V with Bee' or other trademark stamps, I must treat this identification as a hypothesis. I can see that the condition appears stable with good color retention, though a physical inspection would be required to rule out professional restoration or fine crazing hindered by photo resolution. The estimated value of $100-$250 reflects the market for a verified Goebel-produced piece of this size and subject matter. Market demand for these figurines has generally softened, with collectors prioritizing pieces with specific early trademarks. Please note that this value is entirely dependent on the item’s status as a product of the Goebel factory; should a physical examination reveal it to be a contemporary Japanese 'occupied' era copy or a later unlicensed reproduction, the value would likely decrease to $20-$40. To achieve a more reliable valuation, an in-person inspection by a specialist is necessary to verify the clay type, the specific incised model numbers, and the trademark's consistency with known production periods. Documentation of provenance would also support the higher end of the estimate. This report does not constitute a statement of geographic origin or manufacture.