In the painting there is a distraught brooding court jester who contrasts dramatically with his character and the court ball visible in the background.
A Brooding Court Jester by Jan Matejko
The painting is about a specific court jester and moment in history. Stańczyk is the jester and the year is 1533 (OK, there's some debate if the jester is mythical or historical and the date seems to be also up for discussion).
On the table lies a letter likely announcing that Poland has lost Smolensk (now in Russia) to the Grand Duchy of Muscovy, causing Stańczyk's sorrow and reflection on his fatherland's fate. The letter seems to have been discarded by some official, and only the jester realizes its significance – while the rulers are partying...(Source: Wikipedia)
This joker seems to come from Poland and there are versions of him in several colors.
And thanks to Ronald Kruijmel of the FB Joker Collectors Club for cluing me in to the origins of this joker.