Values in Aubrey Beardsley rest in the mid-range - neither dramatically lit nor steeped in shadow. Blues and teal-greys govern the palette, lending it an aquatic or atmospheric quality. Chroma is kept low across all colours, producing the soft, enveloping quality that characterises tonal painting. #B8A382 functions as the palette's exclamation mark: highest chroma, lowest percentage (10.5%). At 38 units across the value scale, the palette keeps contrast readable without letting it dominate. The mid-to-high key, cool bias, and moderate chroma point to outdoor observation - sky and diffused daylight as the dominant light source. This is palette 2 of Aubrey Beardsley's sequence - a single chapter in a chromatic story told across many works.