Original circa 1930 Walt Disney Studios pencil concept drawing for ‘The Picnic’ on an off-white 8.25 x 6.25 sheet, showing Clarabelle Cow pulling Horace’s tail. Matted to an overall size of 17 x 13.75. In fine condition, with overall toning. Provenance: Christie’s, 1994. RR Auction COA.
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