This oh-so-sexy portrait of Carole Lombard baring her shoulder was taken by Paramount's Otto Dyar and ran in the April 1931 issue of The New Movie Magazine. We ran a piece about this issue, with Kay Francis on the cover, four years ago this month (https://carole-and-co.livejournal.com/831129.html).
Who's the "comet girl"? None other than Constance Bennett, a nickname that never quite took (a la Lombard's tag as the "orchid lady").
Now it's back at auction, but a warning: The issue is in poor condition, according to the seller, who notes pages 43 to 66 "are 1/2 torn out." (Thankfully, the Lombard pic is on page 82.) You can see the issue online in its entirety by visiting https://archive.org/stream/newmoviemagazine03weir#page/n402/mode/thumb, which gives you one-page, two-page and thumbnail options.
This "low-grade bargain copy" has an opening bid of $29.50, with the auction ending at 8:19 p.m. (Eastern) Sunday. If interested, go to https://www.ebay.com/itm/New-Movie-Magazine-4-1931-Tower-Kay-Francis-Carole-Lombard-movie-pix-P/312850440426?hash=item48d756e0ea:g:cncAAOSwSK9d0fGm.