款識：
〈王〉
蒲塘清趣。
庚辰六月寫為子芬表甥。王季遷仿東園筆意。

〈徐〉
（錄周邦彥〈南鄉子˙ 寒夜夢初醒〉，文略）
子芬仁兄正。邦達。

鈐印：
〈王〉 「王遷」。
〈徐〉 「徐旁」。

-On the painting leaf, signs of restoration can be found in the blank area at the upper left, where there appears to be paper crack previously; paper crack can be found along the fold line, which can be improved by restoration. Otherwise, generally 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."

上款：「子芬」應為姚灃，浙江嘉興人。民國期間活躍於滬上藝壇，結交書畫界名宿，尤與「梅景書屋」弟子多有過從，曾參與綠漪藝社，與徐邦達、王季遷等同為社友。一九四一年，與王季遷、張守成等在上海創辦「靜觀樓書畫事務所」。三、四十年代，獲王季遷、徐邦達寫贈作品甚夥，皆精心之製，本幅即合兩家書畫而成。