Executed on cream wove paper, laid down on card. The sheet is time-stained with further discolouration along the extreme edges from an old mount, which is partially visible when framed. The pigments are lightly faded. There is a minor tear to the extreme lower left corner, measuring 3mm. There is a small area of discolouration along the top edge to the right of the boat's sail, possibly caused by water and possibly inherent to the artist's process. The mount to which the sheet is affixed has evidence of foxing throughout. The work is in overall 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. 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."