Fritz Ascher, Portrait Max Liebermann, c. 1910. White gouache over black ink and graphite on paper, 8.3 x 7.2 in. (21.3 x 18.4 cm). Private collection. Photo Malcolm Varon ©Bianca Stock

Fritz Ascher, Portrait Max Liebermann, c. 1910. White gouache over black ink and graphite on paper, 8.3 x 7.2 in. (21.3 x 18.4 cm). Private collection. Photo Malcolm Varon ©Bianca Stock

Portrait Max Liebermann, c. 1910