Watermark: none.
The drawing appears to be by a North Italian artist of the late sixteenth or early seventeeenth century. An attribution to Agostino Carracci was put forward by David Lachenmann in 1990 (note on mount) and though this seems unlikely, the artist may well be found among the followers of that master.
After Titian (?)
Carracci, Agostino, 1557-1602, Formerly attributed to.
Titian, approximately 1488-1576, Formerly attributed to.
Murray, Charles Fairfax, 1849-1919, former owner.
Morgan, J. Pierpont (John Pierpont), 1837-1913, former owner.
Collection J. Pierpont Morgan : drawings by the old masters formed by C. Fairfax Murray. London : Privately printed, 1905-1912, IV, 74, repr.