From Corinphila Auktionen
"Photographic essay" with stamp sized portrait (15.5 x 18 mm) in sepia brown, affixed to card with the photographers imprint
"Benedict Photo, Rue de Navarin" printed below the frame line

Clearly the "Perle" photo, but with a frame that bears more resemblance with Paris/Bucharest - or maybe a  standard frame used to
check the photo in a stamp frame?