The board is sound. There is some minor pigment shrinkage to the grey pigments of the left most figure's dress. There are two nailhead-sized losses to the pigment along the upper edge. There are three minor losses to the lower edge, like due to frame abrasion. There is a thin line of pigment loss measuring one-half inch in length to the center of the left edge. A few minor scattered stains. There is a one-inch long scratch in the grey pigments on the dog's back. There is a pindog loss in the white pigments on the hat of the right most figure. Under UV inspection there is an area of inpainting on the left most figure's proper right arm. The work is in 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.