This art piece is written using hentaigana as would be used in the Heian Period. Hentaigana is a combination of kanji and an early form of hiragana.
kogane mo tama mo
nani sen ni
ko ni shikame yamo
gold or jewels to me?
There is no more
than a child.
For comparison, a modern form of the poem might be written:
For more background and the context of this poem, see the excellent page Waka (poetry)
The art is on handmade Western-style paper. The background paper is aquamarine and the foreground paper is a light purple. The art includes foam core backing and is ready to be framed in a standard 8 x 10″ frame.