The earliest known work by LS Lowry, created when he was 15 years old, has gone on sale for £50,000.
The pencil and watercolour, created by the Salford-born painter in 1902, depicts a group of yachts at sea.
The 2.5in (6.3cm) by 4.2in (10.6cm) picture is one of several Lowry works on sale at the 46th annual Buxton Antiques Fair in Derbyshire.
The drawing has attracted interest locally and overseas. It was previously on display at the Royal Academy.
The piece once belonged to Leo Solomon, Principal of Rochdale Art College, but was passed through various owners until it reached the dealer, Neptune Fine Art.
Duncan Phillips, from the antiques fair, said: "As the first known piece by Lowry it has attracted interest from many people, but often it takes a while for such collectable items to sell.
"It is very rare."