I love an old painted folk art relief carving, and really love the color palette here, with those creamy white sails against blue-green sky and blue-purple sea feeling very Arts and Crafts era to me. I also really like the looseness to this--unfussy, not hugely attentive to following the lines of the carving, and dripping along the bottom edge--all of which had the effect, to my eye, of making it feel fresh, and full of life, and just as a portrayal of a sailboat flying in the wind should be! Charming from a'near and strongly graphic and striking from a'far.
14 1/16" x 11 3/8". Overall good condition, c. 1920s or so I'd think, with general aging and soiling to the surface, with what looks like one patch of water stain to the sea near center. With a bit more pop to it I than photos convey, I think.