Study of a donkey laden with panniers and accompanying figure

Thomas Gainsborough, R.A. (Sudbury, Suffolk 1727-1788 London) Study of a donkey laden with panniers and accompanying figure stamped 'T Gainsborough' (lower centre) and stamped 'T Gainsborough' and 'Gainsborough' (upper centre, both overmounted) and indistinctly inscribed 'Very....' (along the lower edge) pencil, fragmentary watermark 5 ¾ x 7 3/8 in. (14.6 x 18.8 cm.)