This work is in lovely condition. The canvas is well stretched. The paint layer is clean. It seems to be unvarnished, although there are some slightly shinier spots here and there. No retouches are apparent. There are two small white spots in the sky and another in the foreground beneath the rear hooves of the smaller horse. It is unclear if these are original. The black tape around the sides of the work may need some attention, but the work can otherwise be hung as is. (This condition report has been provided courtesy of Simon Parkes Art Conservation, Inc.) 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.