Boldly drawn with great confidence and competence in the style of 'twenties comics, the drawing is a reminder that whilst in his later career, Walt didn't draw the 'cartoons' that carried his name, the young Disney was no slouch at the drawing-board!
Made in c. 1921 and measuring 8" x 4 3/4", the drawing is attached to a blue page with a heading titled 'Miscellaneous' from 'The Girl Graduate's Record Book' that belonged to Walt's sister, Ruth Disney Beecher. The reverse side of this page has "another work of art and a poem" signed Ipkigenia Gilhouse with the date '21, but it is the Disney sketch that has set the opening bid at a cool $17,500.00!
Many thanks to Michael Goldberg for telling me about the sale, though I doubt I'll be able to keep up with the bidding for long!