Carl Laszlo, Bâle, Suisse
Par descendance au propriétaire actuel

Executed on paper, not laid down, fixed to the mount along all four edges. There are some artist's pinholes on the centre of all the circles which appears to be inherent to the artistic process. There are some tiny scattered paint losses and some minor very small water stains with some scattered spots of discoloration notably in the pink pigment. Aside from some transparent glue remnants along the four edges, this work is in 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."

signed 'herbin' and dated '1946' (on the reverse), gouache on cardboard. Executed in 1946.