拍品的状况可能存在极大差异，而由于其性质使然，拍品难以处于完美无瑕的状态。拍品均以拍卖时的状况出售。

In addition to the catalogue description, the sheet trimmed, this work has been conserved, the colors slightly attenuated, two small filled in areas in the 'ff' of affiches, occasional filled in areas in the paper, occasional repaired tears at the sheet edges, backed with linen.

Please note that 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.