拍品的狀況可能存在極大差異，而由於其性質使然，拍品難以處於完美無瑕的狀態。拍品均以拍賣時的狀況出售。

In addition to the catalogue description, the full sheet, this work has been conserved, the sheet toned, scratches and scuffs in places (with minor associated ink loss), a hinge remain at the upper center sheet edge, losses to the sheet edges, a ¹⁄₄-in. tear at the lower right sheet edge, a crease at the lower right sheet corner, laid to paper backing (with minor soft creases in places), framed

Please note this lot is framed.

Antony Griffith explains in Toulouse-Lautrec: The Complete Prints, “…it is important to remember that the large commercial posters belong to a quite different tradition of lithography than the limited edition single-sheet print. They were printed on cheap paper in editions of several thousand, and were intended only for a short life. Ideas of purism or integrity did not come into question in their production.”

Unlike the archival quality paper used by modern printmakers, the flimsy paper used by Lautrec and others of the time was closer in nature to that of newsprint, and as such tends to darken over time. It is also prone to cracking and splitting, particularly after having been removed from walls and outdoor advertising spaces (such was Lautrec’s fame that supposedly young boys followed the workmen sticking up posters around Paris, pulling the posters off the walls before the glue was dry, to sell later).

This historical context is important to bear in mind when evaluating the condition of Lautrec’s posters as they have come down to us today. Repaired cracks, splits and other defects are to be expected, as is the standard practice of laying them on linen – essential to preserving the integrity of such large sheets of paper.