That's Carole Lombard in p1202-950, likely from late 1934 or early '35, turning her back on us (and what a lovely back it is!) with a charming smile. You can buy this photo for $9.95 at http://cgi.ebay.com/CAROLE-LOMBARD-PHOTO-G5862-/270606115646?pt=LH_DefaultDomain_0&hash=item3f0161a33e, though the sale expires at about 10 a.m. (Eastern) on Monday.
But as it turns out, that's not the only version of this photo available at eBay. Here's another one:
This is from the files of the Chicago Tribune; the watermark isn't on the actual photo, but the markings are (the background is darkened). Want to see how it turned out in print? You can, because the result was glued (or taped) onto the reverse:
Note it was "flipped" so that Carole is facing left, rather than right, and it was cropped quite a bit. We learn this portrait was taken by Eugene Robert Richee of Paramount; it's difficult to identify the year (1936?). This ran in the Herald & Examiner, a Hearst daily; the Tribune Co. acquired the Hearst files in the 1950s.
This is being auctioned, with the minimum bid being $24.99; as of this writing, no bids have been placed. The deadline for bidding is 9:56 p.m. (Eastern) Sunday, so you don't have much time. If interested, or if you simply want to learn more, visit http://cgi.ebay.com/CT-Chicago-Tribune-Photo-Carole-Lombard-Actress-/250828549441?pt=Art_Photo_Images&hash=item3a668bed41.
Either picture you choose, you've got Lombard's back.