Private Collection, Florence (acquired circa 1980s)
Thence by descent to the present owner

San Francisco, Exhibition of Contemporary Italian Art, 1934-35, no. 25, illustrated in the catalogue

Claudio Bruni Sakraischik, Catalogo Generale Giorgio de Chirico, Opere dal 1908 al 1930, Milan, 1976, vol. VI, no. 378, illustrated n.p.
Maurizio Fagiolo dell'Arco, I Bagni Misteriosi, De Chirico Negli anni Trenta: Parigi, Italia, New York, Milan, 1991, no. 9.20, illustrated p. 184 (as dating from circa 1934)
Maurizio Fagiolo dell'Arco, De Chirico , Gli anni Trenta, Milan, 1995, no. 9.20, illustrated p. 184 (as dating from circa 1934)

The canvas is not lined. UV examination reveals a few tiny spots of retouching to the cloud towards the centre of the the upper edge, two spots in the rocks in the background and a few spots to the body of the horse and the tail. There are a few fly spots in places and there are a few pin holes along the upper edge and left corner, two to the lower left edge and one to the lower right. There are a few lines of craquelure with some associated small paint losses in places to the sky and a spot of paint loss to the rock. Otherwise, this work is in overall good condition.
"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."