230
●
ERNEST H. SHEPARD.
Punch Almanack cover for 1937.
Gouache and watercolor on illustration board. 450x365 mm; 17
3
/
4
x 14
3
/
8
inches. Signed in
ink, lower left; his autograph name and address on verso.
[4,000/6,000]
Punch in a Harlequin costume and his dog Toby appear in the transformation scene of a tradi-
tional English Christmas pantomime.