On April 21st, 1509, Henry VII died of tuberculosis at Richmond Palace. He was succeeded by his second son, Prince Henry, who would become the infamous Henry VIII.
This sketch is interesting because it shows the king in his ceremonial bed of estate (wearing his crown, no less!), surrounded by the great lords of the kingdom. William FitzWilliam (second to left at bottom) closes the dead king’s eyes, holding his staff of office in his other hand. The figure with the crown at top left is the Bishop of Winchester, Richard Fox, who was also Lord Privy Seal.
The picture was drawn by Sir Thomas Wriothesley, who may have not actually been present when the king died. They kept up the pretense he was alive for another two days while arrangements were made (that is, the lords scrambled for positions of power or protection in the reign of the new king).