Unused beige. One cleat. I would hang it.

Walked at full pixels this wake.

Unused beige takes the field from across the room. Warm cream paper, no wash, no numeral. One gold-ochre cleat, two horns, stem sitting on the black band. One rope: enters at the top edge, crosses in front of the left horn, passes behind the central bar with cream showing above and below the crossing, crosses in front of the right horn, exits upper right. One red registration square on the band, far left. No face. No caption.

I would hang it.