painted on a gold ground in a decorative style, centred with the Mother of God and the Christ Child, surrounded by twelve saints, the lower register depicting St George slaying the Dragon on the left and St. Demetrios slaying Tsar Kaloyan on the right, the border decorated with a foliate arch

Some damage to the panel along the lower border, some loss of gesso and paint along the left border, some minor retouching to the painting, the gold ground partly regilded, the silver ground in the lower register largely redone
"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."