The canvas has been relined. There is craquelure to the blue pigment in the lower left quadrant and also to the center of the right edge. There is craquelure and some minor pin-dot sized flakes paint loss to the pink pigments on the horse's rump and neck. When examined under UV light, there is no evidence of any repainting or retouching to the work. The painting is in 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. NOTWITHSTANDING THIS REPORT OR ANY DISCUSSIONS CONCERNING CONDITION OF A LOT, ALL LOTS ARE OFFERED AND SOLD "AS IS" IN ACCORDANCE WITH THE CONDITIONS OF SALE PRINTED IN THE CATALOGUE.