Fables 44

Prelim:  5.5" x 8.5", graphite on bond (OK, I'm guessing, here...)
Final Cover:  15" x 22", graphite and acrylic on Rives BFK

Looks like James is becoming a fan of this type of cover.  James took a similar approach to the cover art for Fables 39 and Homelands (TPB 6).