László Moholy-Nagy

Galerie Klihm, Munich 
Acquired from the above in 1957 by the grandfather of the present owner and thence by descent

Executed on plexiglass, which is stable. The plexiglass sheet is incised on both sides and painted on the recto. There are two small hanging holes to the extreme upper corners, away from the composition. There has been some paint shrinkage to the blue pigment with associated tiny paint losses. There are also some scattered tiny paint losses throughout the upper part of the red element. Apart from a few very tiny paint losses to the edges of the yellow element, that section of the work is almost entirely intact. There are some very minor internal veins to the lower parts of the extreme left and right edges, away from the image itself. There is some general wear, surface dirt and light scratches in places, most of which is consistent with age and handling. Otherwise this work is in overall good condition.
"In response to your inquiry, we are pleased to provide you with a general report of the condition of the property described above. Since we are not professional conservators or restorers, we urge you to consult with a restorer or conservator of your choice who will be better able to provide a detailed, professional report. Prospective buyers should inspect each lot to satisfy themselves as to condition and must understand that any statement made by Sotheby's is merely a subjective, qualified opinion. Prospective buyers should also refer to any Important Notices regarding this sale, which are printed in the Sale Catalogue.
NOTWITHSTANDING THIS REPORT OR ANY DISCUSSIONS CONCERNING A LOT, ALL LOTS ARE OFFERED AND SOLD AS IS" IN ACCORDANCE WITH THE CONDITIONS OF BUSINESS PRINTED IN THE SALE CATALOGUE."