Watercolor on paper, framed. Featuring a cubist portrait. Signed Picasso and inscribed 23 underneath signature on the lower right corner. Gallery label affixed to verso inscribed John Berggruen Gallery / 228 Grant Avenue, 3rd Floor / San Francisco, California 94108 / Artist: Pablo Picasso / Title: Head of a woman / Medium: Watercolor 1923 / Size : 54 x 29. Another label inscribed GALERIE LOUISE LEIRIS 47, rue de Monceau, PARIS / Pablo Picasso / Titre: tete de femme / Date: 1923 / Dim.: 54x29 Ph. and stamped Succ Pablo Picasso. WALLY FINDLAY GALLERIES PALM BEACH CHICAGO inscribed on label on verso. Attributed to Pablo Picasso (1881-1973, Spanish). 54 x 29 cm (21.3 x 11.4 inches). Framed size: 70.5 x 45 cm (27.8 x 17.7 inches). PROVENANCE: This lot carries limited provenance from an Upper New York estate

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American, 19th century : This work was executed by an unknown hand, and can only be identified by origin (i.e., region, period).