Estate of the artist
Marina Picasso (the artist’s granddaughter; acquired from the above)

Geneva, Galerie Jan Krugier, Ditesheim & Cie & New York, Jan Krugier Gallery, Pablo Picasso, Metamorphoses, Works from 1898 to 1973 from the Marina Picasso Collection, 2001-02, no. 107, illustrated in the catalogue
Cannes, Centre d'art La Malmaison, Picasso, le nu en liberté, Collection Marina Picasso, 2013, n.n., illustrated in the catalogue

Christian Zervos, Pablo Picasso, Paris, 1965, vol. XVI, no. 247, illustrated p. 76
The Picasso Project (ed.), Picasso’s Paintings Watercolors Drawings & Sculpture, The Fifties I, 1950-1955, San Francisco, 2000, no. 54-148, illustrated p. 209

Executed on cream wove paper, not laid down. The sheet is affixed to the mount at intermittent points along the perimeter of the verso and is floating in the mount. There is some discolouration to the extreme left edge. Some light time-staining to the sheet and a few minor spots of foxing in places. There is a minor tear just to the right of the centre of the upper edge. This 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. 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."