Courvoisier cel of Dumbo.
He is absolutely adorable with his flag and his big ears.
This piece measures 8.5" h x 11" w.
The paint has been professionally restored
There is some evidence of glue residue on the extreme edge of the cel, which would be easily matted out.
Cel has become slightly wavy which is not uncommon for vintage animation cels. The light reflection is visible in the web image only and is not on the actual piece.
The size of the image is 4.5" h x 6.25" w.