While I finally hit the color scheme I liked, I needed some separation on the stripes. I tried a darker purple but the colors were too dark and it just faded in. So black it had to be.
I also liked the near silver tone in the pattern that ran down the middle of the gild stripe, but didn't want to go through the aggravation of drawing out the actual pattern itself.
I used a very thinned-out white wash for the highlights on the folds and thinned out black wash for the shadows on the folds.
On the underside of his tri-corner hat, I found a little bump that may have been from when I cut him off the sprue. Rather than try to cut it off and re-do the painting, I figured I'd highlight it, like it was a gem or a decoration. I actually think it looks like it belongs there.
Over all, very pleased with the faux wood grain I painted in.
I used a little FolkArt Midnight Blue to get a darker, near-velvet deeper tone.