Executed on cream wove paper which has not been laid down. There is a mat stain along the top and the right edges. There is uniform time staining to the sheet commensurate with age. There is a minor vertical tear toward the center of the top edge. There is a loss along the top edge of the sheet in the shape of a long thin band, resulting from a previous hinging to the mat. Both of these losses to the top edge are hidden by the mat. The work is in largely 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.