I have a picture titled New England Homestead by Sammuel Lancaster
Gerry. On the tag  it says Reofect painting.
Line No. 3335A
Frame No. 418-776+v88-83
Order No. 34
Subject New England Homestead 
Artist Gerry
Reconstruction of High Grade Art objects in Perfect workmanship.
What is a reofect? What is it value>
Thank You,
Mike

Hello bassetguy~

"Reofect" is a modern company that created "reconstructions," or
reproductions. Unfortunately, such reproductions are not of great
value.

A search of online auction reveals many such paintings don't sell for
much--or at all. For example:

Van Cleff Reofect Painting:
http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=3707636598&category=4174&tc=photo

I have seen some antique dealers with reofect paintings for as much as
a few hundred dollars, but I've never seen one that has actually sold
for this amount. Your painting is probably worth between $20-100.


Kind regards,
Kriswrite

RESEARCH STRATEGY:
Researcher's personal knowledge
Search of online auction houses
Google search: reofect,
://www.google.com/search?hl=en&lr=&ie=ISO-8859-1&c2coff=1&q=reofect&btnG=Search