The black and gilt dragon panels are likely of an earlier date. The panels with characteristic splitting, lifting and flaking lacquer, some areas of which have been restored and consolidated. There is overall wear to the lacquer and gilt decoration and darkened semi-circular outlines and filled holes from previous metal mounts, indicating that the panels were once part of a larger piece, perhaps cabinets. The frame with losses along edges, some consolidation and wear overall. 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.