American School, "Portrait of a Lady in a Yellow Dress

American School, "Portrait of a Lady in a Yellow Dress with a Lace Collar," 19th c., oil on canvas, presented in an aesthetic gilt and gesso frame, H.- 28 1/2 in., W.- 23 1/2 in.
Condition Report: Craquelure present throughout. Three tears in canvas- top proper left of lady’s head, and two next to her right ear. Can see light through them from behind. Small fleck of paint off on proper right about 8 in. above the two tears. Frame has slight loss of gesso. Five circular patches visible from rear. ______________________________________________________________________________ ALL PROPERTY IS SOLD “AS IS.” NO STATEMENT REGARDING CONDITION OF ANY ITEM, WHETHER IT IS MADE ORALLY AT THE AUCTION OR ANY OTHER TIME, OR IN WRITING IN THE CATALOGUE OR ELSEWHERE, SHALL BE DEEMED TO BE A WARRANTY, REPRESENTATION, OR ASSUMPTION OF LIABILITY.