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[[preprinted letterhead]]
[[image-logo with three kings and banner reading HOTEL DES TOIS ROIS]]
BALE[[/preprinted]]

Dear Germain-
I have a vague idea that I was offered the Raphael portrait before, but I certainly never saw it.  Frankly it does not look like Raphael to me.  It looks more like Northern Italian.  However if it is anywhere where I can see it wire me tomorrow to the Baur-au-lac Zurich - I will be at the National Lucerne Saturday