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Bought this awhile ago ,hoping it's genuine ,thanks for any comments 

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No, sorry.

I adjusted it for you. It has some attempts at characteristics from the 1930's but lacks the accent over the "e". Other parts appear later. While the signature has the correct formations it is a poor simulation.

The letter that came with it said it was signed in the 1950's at his home in Los Angeles 

Anthony - Out of curiosity, can you show us a scan of the letter?

Haven't got it with me but I'll do it when I can 

Here is one of my Lugosi's from the period.

I don't believe this one of yours to be authentic, unfortunately.  I am still curious to see the letter accompanying it.

Here's what yours may possibly be based upon:

P.S. 

If I were to guess, I would say the above "Bela Lugosi as Dracula" in the green ink was quite possibly signed in the 1947/48 era when he was touring summer stock with a revival of DRACULA.  Hence, the character name added.

Bryan, I'd bet dollars to donuts that yours is based on this one.

There is a black ink version which might be a better match but I can't recall where it is.

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Here is an authentic version of what you have showed, from after 1944 and before 1950. In his favorite green ink.

Thanks for posting the letter.

The letter isn't dated but it appears to be from a modern printer so that 10-year collector presumably wasn't there to see it signed. That means it's just a secondhand (or more) anecdote.  

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