San Francisco: [Zephyrus Image], nd. 1 7/8 x 9 3/8" die cut broadside as napkin ring, letterpress printed in Oldstyle italic, with a sharp point at left margin, designed to be folded into a circle with the point inserted into a die-cut hole at right margin which is set within a linocut of the sun. This copy a variant state or proof cut without the point.
One of the rarest and most beautiful ZI multiples.
Fine. Item #20897