A big thumbnail sized carbon bubble with milky crescent moon cape in this Hemingray No 40. 2 base chips to the LH side and rear of the bubble, a NGM arc bruise from a bumped drip, a small WG lip chip in the front and about half the drips chipped/flaked/halved. It ain't perfect, but this is a rare feature for Hemingray pieces and is a must-have for the Hemingray collector. I have more photos on request. $21 + ship or free delivery at Springfield.