Values in Max Liebermann rest in the mid-range - neither dramatically lit nor steeped in shadow. Max Liebermann balances warm and cool with remarkable evenness, giving the composition its characteristic vibrancy. A restrained, mid-chroma palette: every hue is present and legible, but nothing shouts. The saturated accent, #DFCFB3, registers at 5.4% - sparse enough to feel like a deliberate surprise. Spanning 53 units on the value axis, the palette achieves the balance between tonal flatness and fragmentation. The palette reads as an Impressionist one - light-biased, chromatically direct, and built on temperature contrast rather than value opposition. This is palette 4 of Max Liebermann's sequence - a single chapter in a chromatic story told across many works.