Lined. Finely patterned craquelure is visible in the sky. Discoloration likely due to prior frame abrasion is visible along the extreme upper center edge. A 2 1/2 horizontal varnish scuff is visible in the upper right corner. Under UV: inpainting is visible in areas throughout the sky, scattered dots to the stable roof, thin lines on the white horse, and a few dots and dashes in the landscape and grass around the foal. Possible dots of older restoration are visible in the center over the black horse. 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.