The Annunciation before a pair of arches as part of an open loggia, with a distant landscape. The draperies are very closely hatched, and the design is finely pricked throughout: this may therefore be a cartoon for embroidery.

The drawing has no traditional attribution. It was exhibited at the New Gallery (1893-4) as by Fra' Bartolomeo. Berenson (1938) regarded the figures as Credi's, but not the architecture; Popham (1949) accepted the whole drawing as by Credi. James Byam Shaw (note on mount) attributed the drawing to Albertinelli. Philip Pouncey annotated the British Museum's desk copy of Popham and Pouncey with 'Same hand as P&P 211, 212, attr. P di Cosimo'.