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This 95+ year old Item is rated Very Fine +. Light aging in margins. No creases. No natural defects. No tears. No water damage. There is some bleed through from the image on the other side. Also there is some black smudging in the margins.
Keywords specific to this image: customer appreciation letter, Waldorf Hotel, J. and Jewell, 163 164 Piccadilly London, Vintage Advertising