This drawing depicts the Emperor Maximilian I with his wife, children and grandchildren adoring the Holy Host, given to Philip the Good, Duke of Burgundy, by Pope Eugene IV in 1433. The miraculous relic depicted Christ seated on a throne, with fresh wounds where an impious man had struck it with a knife. The Host was placed by Philip in the Holy Chapel of Dijon, among the other relics, and was usually kept in a jeweled box. On feast days it was exposed in a monstrance, such as the one here depicted. The main monstrance, that of Saint Benigne, was given by Isabella of Portugal, third wife of Philip the Good, in 1454. From 1505, the monstrance was surmounted by the crown that King Louis XII of France wore on the day of of his coronation. The crown is visible on the top of the canopy in the present drawing.
Maximilian, his son and grandsons are wearing the collar of the Order of the Golden Fleece, instituted in the Holy Chapel in Dijon in 1431 by Philip the Fair's great-grandfather, Philip the Good. As a result of this foundation, the sovereign commander of the order was the head of the House of Burgundy, not of the Burgundian state, an important difference when Burgundy was integrated into the Habsburg Empire. In 1478, at the death of Charles the Bold, Maximilian inherited the position, and was followed by his son Philip the Fair and his grand son Charles V, all depicted in the present drawing.