Jan 28, 2016 - Sale 2403

Sale 2403 - Lot 159

Price Realized: $ 7,250
?Final Price Realized includes Buyer’s Premium added to Hammer Price
Estimate: $ 7,000 - $ 10,000
"Army vs Navy." Watercolor and gouache on board. 635x407 mm; 25x16 inches. Signed, upper right. Old Gold Cigarettes Advertisement. Also used for their November 1940 calendar (with different coloration). Mounted along edges to 4-tiered graduated matte supported by foamcore on verso (above and below image). Some staining to lower right blank foreground area and some accretion along right facing side of model's fur coat.