Theodore Walter, the artist's son, by family descent, until 2014
The compass dial and navigation marker at Penpole Point was placed on this site in 1668. Equipped with tools to measure wind direction and time, it was designed to aid the navigation of ships at the confluence of the River Severn and River Avon. In the eighteenth century Penpole Point became a popular public viewpoint and the present watercolour shows elegant figures and a dog enjoying the scene.
The pigments in this watercolour are well preserved. There is the occasional area of surface dirt but overall the condition is good. "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."