From pinterest.com/johnbabich/portraits-female-historic-ii/; filled in shadows and increased exposure.
This appears to be based on the preceding image with the dress enhanced to increase glamour and allure.
Keywords: Holbein - Hans the Younger, Elizabeth Cheney, Elizabeth Vaux, Lady Vaux, English, English hood, jeweled headdress, square décolletage, long lower puffed sleeves, slashed sleeves, puffed cloth ornaments, fur, cuffs, necklace, brooch