£260
Charles Johnston Payne (Snaffles), watercolour and gouache on grey paper, 'The ASC', 34 x 25cm
Condition: Rather faded with the ASC inscription now starting to disappear, scattered dirt and fox marks on the unpainted grey ground, and apparently not signed, housed in a original oak frame with the Snaffles 'horse bit' motif embossed at the base, no inscriptions or labels verso.
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