Private Collection, New York
Eugene V. Thaw & Co., New York (probably)
Acquired from the above by the present owner in ﷽the 1960s

New York, E.V. Thaw & Co., Drawings by Balthus, 1963, no. 39
Arts Club of Chicago, Balthus, 1964, no. 52

Virginie Monier & Jean Clair, Balthus Catalogue Raisonné of the Complete Works, Paris, 1999, no. D840, illustrated p. 284

Good condition. Hinged with tape near top edges. A diagonal crease, now flattened, is visible and runs from near the upper center, starting about 1 one inch below the upper edge and extending about 8 inches towards lower right. Another crease, now flattened , about 3 inches long, extends from near the lower right corner to near the lower part of the figure's right leg. There is minor discoloration (time staining) to the sheet overall, with tape remnants and mild staining around the extreme edges. The image is well preserved despite these minor issues with the sheet, and the line and shading are fresh and strong.
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.