She is the element of Generosity. She is Ponyville's most famous fashion designer. She is a successful businesspony. She is a lady. She is Rarity.
This is a late Christmas present for a friend of mine but I figured others might mind seeing. Also I tried very hard with this piece to give a better feeling for my watchers of what the characters look like in Equestria dreamscapes. The piece is my usual colored pencil, marker, technical pen and gouache on cold-press Bristol Board.
FYI. In the original art her mane and tail are much more purple, but my very cheap scanner could not capture the colors correctly. When I get a better scan I'll post that art instead.