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NEW YORK, 355, FIFTH AVENUE. --- PARIS, 23, PLACE VENDÔME. --- CABLE ADDRESSES KNOEDLER, LONDON. KNOEDLER, NEW YORK. KNOEDLER, PARIS. TELEPHONE 1292 MAYFAIR. --- 15, OLD BOND STREET, LONDON, W.

by Cronier from whom your Lady Hamilton came - Lancret is a charming original painter + is only 2nd to Watteau + you are extremely lacking in eighteenth-century French art. There is nothing in the Louvre or Wallace collection so fine. I sent a catalogue with the picture illustrated, over by Hamman to show you + consider it a great opportunity + one you shouldn't miss. We will buy it for you for 10% in other words we step aside for you. The buyer has to pay 10% in France to the auctioner + State. I would not expect the price on which we would charge a commission to be greater than 450,000 fcs. or I would say to the maximum price you should pay would be 500,000. for including all commissions. For example should you