There is an approximate 1/2-inch flat chip to the underside of the rim edge of the cover, that has been restored and another small shallow rim chip. The tip of the spout, forming the upper lip of the serpent, is chipped away and has been filled with a made-up piece. There is an approximate 1 1/2-inch rim chip that has been restuck, issuing an extensive haircrack running down the side of the teapot. The edge of the foot of the teapot has two restored chips; the restorations are old and are flaking. 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.