Galerie de l'Effort Moderne, Paris
Private Collection, Nice
Sale: Tajan, Paris, March 28, 2001, lot 33

Overall the work is in good condition. Canvas is not lined. There is some slight buckling to the upper left corner of the work and some visible abrasion to the extreme perimeter. An artist's pinhole is visible at the upper left corner. There are a few tiny pindot losses visible in the green curve at the center of the composition and in the green plane in the upper right quadrant, where there is also some visible paint shrinkage. Colors are bright, vibrant, and fresh and the surface is generally clean throughout. Under UV light: a few small strokes of inpainting are visible in the upper right quadrant (green plane) to address cracking there. There are a few pindot strokes of inpainting in the green curve at the center of the composition to address similar cracking. There are several small strokes along the left half of the bottom edge of the canvas to address cracking and paint shrinkage there.
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.

Fig. 1 Pablo Picasso, Femmes lisant (Deux personnages), 1934, oil on canvas, sold: Sotheby's, New York, May 3, 2011, lot 21, for $21,362,500