Pastel on paper, signed at lower right "E. Roth," inscribed by the artist in pencil on the verso "A Merry Christmas / and a Happy New Year / to Mr. Forbes / from Ernest Roth / 1932," matted and framed under glass.

SS 9.75 x 7.5 in.; DOA 13.25 x 10 in.

$300 - 500