The work appears to be fixed to its frame. The paper is not fully laid down and is undulating slightly, as is consistent with the nature of this material. There are various paper losses and tears, particularly to the edges of the work, which appears to be the artist's intent. There are approximately 4 puncture marks to all four framing edges of the work where the work has previously been fixed to the wall or another surface. There are several horizontal and vertical creases running throughout the work which are indicative of the cardboard material having been previously folded. Overall, the work appears to be in very good original 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."