1) 10 x 8'' photo of Dempsey on the phone has been signed and inscribed by Dempsey in Near Mint to Mint ink. Dempsey writes "To My Pal Nat Fleischer Editor of The Ring My favorite boxing book. Just to say hello and to find out the latest news. Good Luck Jack Dempsey". Light wear overall EX to Mint. 2) 8 x 10'' photo has been signed and inscribed "To Jack Callahan With every good wish, Gene Tunney". The ink rates Mint with the exception of "wish" and "ney" in Tunny which have some moisture damage. Photo rates Poor with paper loss to the entire right margin area and moisture damage.