This folio is from a highly important group of early manuscripts of the Shahnameh known as the Small Shahnamehs. They date from around 1300, and are the earliest surviving illustrated copies of Firdausi's epic, being of enormous art historical significance. They had long been known and were dispersed in many museum and private collections in the first half of the twentieth century, although they were incomplete and fragmentary already by then. The folios from the two manuscripts known as the First and Second Small Shahnamehs were with H.K. Monif in New York, from whence the majority of those in North American collections originated, but several had entered European collections by then: a group of 77 miniatures bearing 80 miniatures is in the Chester Beatty Library, Dublin (see A.J. Arberry et al, The Chester Beatty Library: A Catalogue of the Persian Manuscripts and Miniatures, Dublin, 1959, no.104, pls.4-13), and several are in the British Museum, formerly in the collection of Sir Bernard Eckstein (see B. Brend and C.P. Melville, Epic of the Persian Kings: The art of Ferdowsi's Shahnameh, London, 2010, nos.17-20). The majority of the manuscript known as the Freer Small Shahnameh was with Hagop Kevorkian in New York in the 1920s. The 45 folios in the Freer Gallery, Smithsonian Institution, Washington D.C. were acquired from him between 1929 and 1940.
They have been extensively published and discussed over the last century by many of the leading scholars in this field, including Kuhnel, Binyon, Wilkinson, Gray, Blochet, Minovi, Barrett, Titley, up to Hillenbrand in 1977. The most extensive and thorough investigation and analysis of this group of manuscripts was conducted by Marianna Shreve Simpson in her PhD thesis entitled The Illustration of an Epic: The Earliest Shahnama Manuscripts, presented to Harvard University in 1978. Simpson concluded that the manuscripts were produced in Baghdad around 1300, although Western Persia remained a possibility. In more recent years Sheila Canby, in the catalogue accompanying the exhibition of the Prince Sadruddin Aga Khan Collection at the British Museum, discussed the possibilty of a Herati origin (S. Canby, Princes, Poets and Paladins, London, 1998, p.22). In 2002 Carboni and Komaroff, in the catalogue accompanying the exhibition The Legacy of Genghis Khan, reverted to an attribution of Baghdad or Western Persia circa 1300-1330 (L. Komaroff and S. Carboni, The Legacy of Genghis Khan: Courtly Art and Culture in Western Asia, 1256-1353, New York, 2002, nos.33-35, pp.252-3). Most recently Barbara Brend has catalogued four folios as Baghdad 1290s (Brend and Melville, op.cit., 2010, nos.17-20). Further leaves from the same Shahnameh were sold in these rooms 6 April 2011, The Stuart Cary Welch Collection, Part One; lot 33, 3 October 2012 lot 66; 9 October 2013, lot 81; and more recently, 27 October 2020, lot 419.