Heavyweight boxing champion of the world, 1934–35. Vintage sepia matte-finish 8 x 10 photo of Baer in a jacket and tie, signed and inscribed in fountain pen “To Karl, Best of luck, may we always be pals - Max Baer, 8/7/34.” A few scattered light creases, some trivial foxing and a couple words on inscription light due to poor ink flow, otherwise fine condition. COA Steve Grad/PSA/DNA and R&R COA.