Values in Hans Holbein the Elder rest in the mid-range - neither dramatically lit nor steeped in shadow. The dominant temperature is warm, with earth tones and fire-hues setting the emotional key. All colours lean toward grey, building depth through value rather than colour punch. Only 4.0% is devoted to #E7B374, yet that small allocation delivers the palette's entire chromatic tension. The value range spans 57 units across the palette, providing the full gamut from deep shadow to near-white and ensuring clear tonal hierarchy. Palette 2 sits within the larger chromatic argument that Hans Holbein the Elder's complete body of work advances.