Part of a diptych, the right wing presents his sister <a href="//commons.wikimedia.org/wiki/Category:Margaret_of_Austria" title="Category:Margaret of Austria">Margaret of Austria</a> (1480 - 1530), who became Regent of the Netherlands. Philip is wearing the collar of the Golden Fleece. His arms are depicted at the top of this panel, the other coats of arms are of territories which belonged to the House of Austria. From the arms and inscriptions it can be established that this diptych was painted in about 1493-5. This is confirmed by a <a href="//commons.wikimedia.org/wiki/File:Philipp_der_Sch%C3%B6ne_und_Margarethe.jpg" title="File:Philipp der Schöne und Margarethe.jpg">diptych of the same sitters at Schloss Ambras</a>, on the frame of which their ages are written as 16 and 14, so dating it to about 1494. The commission of the Schloss Ambras picture and the present painting was perhaps connected with a proposed double marriage into the Spanish royal house.
<bdi><a href="https://en.wikipedia.org/wiki/en:Pieter_van_Coninxloo" class="extiw" title="w:en:Pieter van Coninxloo"><span title="Dutch painter (1460-1513)">Pieter van Coninxloo</span></a>
</bdi>
between circa 1493 and circa 1495 <div style="display: none;">date QS:P571,+1493-00-00T00:00:00Z/8,P1319,+1493-00-00T00:00:00Z/9,P1326,+1495-00-00T00:00:00Z/9,P1480,Q5727902</div>
<a rel="nofollow" class="external text" href="http://www.nationalgallery.org.uk/paintings/attributed-to-pieter-van-coninxloo-philip-the-handsome">National Gallery</a>