Previous research has shown that people tend to conclude on the basis of the physical appearance of a person about his/her other characteristics, giving the more attractive persons the socially desirable characteristics. This phenomenon is identified as a physical attractiveness stereotype. Findings of some research have shown that it is not a stereotype, but physically more attractive individuals have more socially desirable traits. Therefore, the aim of this study was to investigate how well an individual evaluates the personality of others based on their photographs, whether he or she makes judgments in accordance with the mentioned stereotype and is this stereotype true. Also, we wanted to examine the role of observer’s own physical attractiveness in assessing the physical attractiveness and personality of targets and the relationship between targets’ self-assessment of physical attractiveness and personality traits. The research was conducted in two parts, in both of which Then-Item Personality Inventory (TIPI) was used to assess personality. In the first part of the research, high school students assessed their own personality and physical attractiveness as target persons, while in the second part of the research, the students assessed the personality and physical attractiveness of the targets as well as their own physical attractiveness as observers. Analysis showed that more attractive people were assessed as more socially and emotionally more stable, observers did not make accuracy personality assessment of targets and the stereotype was not true. Also, observers who had self-assessed more physically attractive, assessed targets as more physically attractive. The relationship between observers' self-assessment of attractiveness and their assessment of targets' personality was not found as