Pierre Matisse Gallery, New York
Private Collection, U.S.A. (acquired from the above in 1954)
Thence by descent to the present owner

Executed on buff-coloured laid paper, not laid down. The sheet is affixed to the mount at two points on the verso of the upper edge and at the centre of the lower edge on the verso. The upper, left and lower edges are deckled and the sheet is very gently undulating. There are artist's pinholes in the upper left and upper right corners. An embossed circular mark is visible in the lower right corner. There are a few tiny stable specks of pigment loss to the white gouache in places, notably towards the upper left corner of the large rectangular element. This work is in very good overall 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."