There are pinholes to the corners and along the left edge. There is a minor loss to the top left corner, a vertical tear to the left edge about a third of the way from the top of the sheet, as well as two smaller tears towards the centre of the left edge. There are two horizontal creases running across the inscriptions towards the lower edge of the sheet, which have cracked the surface of the sheet in places.There is a further tear to the vignette with the boat and another small tear towards the centre of the top edge. There is a light crease running diagonally from the upper right edge to the lower right corner and scratches to the water in the foreground. There is a curving pencil mark to the sky. There is scattered foxing and a light layer of surface dirt. Held floating in a white painted wooden frame. Unexamined out of frame. "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."