Matte-finish 5.5 x 8.5 photo, signed in ink in the lower margin. “With cordially good wishes, Warren G. Harding.” The original image (and probably an inscription) were at one point excised, and a smaller photo affixed within the resulting “hole.” Matted and framed to an overall size of 9.5 x 12.5. In good condition, with excision and replacement as noted, subtle silvering to image, and mild toning and subtle discoloration to border. R&R COA.