A 9 1/2" x 7" pulp paper comic valentine, also known as Penny Dreadfuls or Vinegar Valentines.  It was most likely published by McLoughlin c1900 and illustrated by Charles Howard.  It is captioned "A Pick-Pocket" and has a rather demeaning verse.  It depicts a woman’s hand reaching into the pocket of a gentleman’s unoccupied trousers. Light wear.  Strong color.