The painting's origins remain a mystery, with little information available about its history prior to its acquisition by the Chandos family in 1747. Despite the lack of concrete details surrounding its past, there has been a longstanding belief that the artwork depicts William Shakespeare.

This assertion has been discussed in various contexts, including in Bill Bryson's book "Shakespeare: The World as Stage," where the painting is likely referred to as part of the narrative surrounding Shakespeare's legacy. Its association with the famous playwright has contributed to its historical significance.