I'ts hard to tell and there is no size mentioned in your post,but is this a smaller 8X10 size picture or one of the larger 20X30 prints on heavy cardboard?I know the signature on the larger prints was a facsimile of Fred's signature and it looks identical to this one.Or is this smaller 8X10 copy of that larger print?The darker writing above the "Sincerely,Fred Bear" appears to be Fred's handwriting but still hard to tell due to the smaller size,although that may be because I'm viewing it on my laptop computer at work. Size of photo would help.John