The textured panel is in very good condition with only minor surface soiling. It displays a gently aged painted surface with a uniform low luster sheen. The paint layer is tightly bound with no sign of instability. The corrugated design is legible with deliberate dents and creases, which are a feature of the artist's work and his manipulation of the material. The corners of the panel exhibit minor abrasions. No sign of damage or excessive wear was observed on the surface. The panel is structurally sound. (This condition report has been prepared courtesy of Wilson Conservation, LLC) 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.