This is a
very nice antiquarian (circa 1900) caricature done by Georges Goursat, a popular caricaturist of France's "Belle Epoque" period who was known as "Sem" and whose drawings typically featured the social elite, actors, singers, politicians, and the like who frequented Maxim's, Longchamp Downs, etc. He published many of his drawings in various French newspapers and magazines (see a photo of SEM directly below).
Georges Goursat (Sem), 1914
The caricature is a signed original hand-colored pochoir lithograph print on woven paper from about 1910. It is an original antique print and not a modern reproduction.
This caricature shows a proud Matador entering the arena. This drawing is from SEM's White Bottoms portfolio.
He thinks to himself,
"When the princesses call me, I come into the arena"
(very rough translation)
The picture is signed by SEM in the lower left portion.
Condition. There is some toning, especially around the edges and the bottom edge was apparently folded for storage or framing. The edges have minor wear and tears and small creases, common imperfections associated with age.
All in all, the primary depiction of the subject is itself in good condition with no tears or folds or stains.
{Sold by DesertGold, 2016, $40.}