1925 Rare photograph of Kentucky Derby hopeful "Drowsy Waters" as he worked out before the race. The photo was issued by Underwood and Underwood and stamped on the back with a full paper caption as well, the photo presents well with note to a crease and some pinholes at the top from editorial use.
Size: 6.5x8.5
Designation: Vintage 1
Condition: 2/5
Quality: 4.5/5
Overall Grade: 6.5/10