This is a Russian lacquer box, likely from Palekh or Fedoskino, based on the realistic portrait style and the inscription.
The artwork is a reproduction of an 1820 portrait by Tropinin, which was a common subject in mid- to late-20th-century lacquer workshops.
Condition notes to include:
Surface wear and scratches
A visible diagonal crack across upper right of lid
Typical interior hinge verdigris
Clean interior, traditional red lacquer
Hand-painted, artist-signed
This is definitely hand-painted, not a print.