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Grenville L. Winthrop, Esq.
-2-
January 25, 1932

friend of the artist. This portrait was painted in April 1879, and was No. 35 of the second DEGAS sale in 1918. The drawings which are studies for this painting are in the Fogg Art Museum. Both the drawings and the painting were considered so highly by the artist that he would never dispose of them during his lifetime and they were in his studio at his death. The over-all dimensions of this picture including the frame are 42" high by 58-3/4" wide. Special Price $28,000.

When Professor Sachs was in here the other day, he was particularly fascinated by this picture and said that he would give almost anything if he could afford it to have this portrait with his two drawings either side.

[[underline]]MANET[[/underline]]

Drawing entitled "Au jardin". This is a study for a painting that is supposed now to be in the private collection of Mr. Horace Havemeyer. It represents Berthe Morisot, the wife of the brother of Edouard MANET and her child. This painting is reproduced facing page 115 in "MANET" by Etienne-Moreau-Nelation. The drawing itself is reproduced on a full page in the book "MANET" by Theodore DURET (Charpentier et Fasquelle, 1906), facing page 76. It is inscribed and signed - "a mon cher Burty. Ed. Manet". Over-all dimensions, including the frame are 18-1/4" high by 21-1/4" wide.

Now, as I know you realize yourself, each of these items is of supreme quality and at the prices I have quoted you, they are great bargains. If you care to go to see the other painting of Diego Martelli about which I was talking to you, you will find that apart from its being considerabl^[[y]] higher in price, it is no where near as pleas[[written over]]ant[[/written over]]^[[ing]] in design nor as brilliant in color.

Quite apart from a business point of view, I would personally like to see you purchase these three items, and if you do, we would be delighted, as I explained to you, to finance the transaction on terms entirely convenient to you.. I am absolutely convinced that things of this type will be at least 50% higher in value within 18 months or two years, and people who are picking up things of this nature now are just like the wealthy Englishmen of the early part of the 19th century who, just after the Napoleonic Wars, made the "grand tour" in Italy and other European countries and picked up works of art which they realized were bargains and which formed the nucleus of the great English collections, many of which have been disposed of since the War at very big prices.

Trusting you do not mind my going into all these details, and thanking you for your kind visit, believe me to be

Yours very sincerely,