Max Pellequer, Paris
Bouquinerie de l’Institut, Paris
Acquired from the above by the present owner in 2005

Executed on buff-colored wove paper which has been laid down on Japan paper. The Japan paper has been hinged to a mount at all four corners along its verso. There is a .5-inch repaired tear extending horizontally from the center of the left edge. The sheet is slightly time-darkened overall and there is a faint .25-inch mat stain around the perimeter of the sheet. The work is in overall very 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.
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.