This carefully-finished drawing was formerly in the collection of the Victorian artist and President of the Royal Academy, Sir Edward Poynter. It is one of a number of such studies for a series of seven paintings illustrating the legend of St George, the patron saint of England. The series was commissioned to decorate the house in Surrey of another artist, Miles Birkett Foster, at Witley in Surrey, but has now been dispersed - the painting to which this drawing relates is now in the Gallery of New South Wales, Sydney, Australia. Others are in the Musée d'Orsay, Paris, the Forbes Collection, New York, and the Bristol Art Gallery.
The precisely-observed but crisply stylised treatment of the foreground foliage and the background trees show the influence of Rossetti and the painters of the Pre-Raphaelite Brotherhood. Such highly-worked preparatory drawings were useful to Burne-Jones, who often employed assistants to help him on larger schemes. The dragon is derived from a sixteenth-century German woodcut that Burne-Jones had probably copied in the Department of Prints and Drawings in The British Museum.