The picture is one of a series of allegorical subjects which Watts intended for a decorative scheme known as the 'House of Life'. Traditionally the figure of Hope is identified by an anchor, but Watts was seeking a fresher, more original approach. He painted blind Hope seated on a globe and playing on a lyre which has all its strings broken except one. She bends her head to listen to the faint music, but her efforts appear forlorn; the overall atmosphere is one of sadness and desolation rather than hope. The picture's sense of melancholy is enhanced by the soft brushwork and the translucent mists that envelop the floating globe.

　Watts appears to have drawn on several contemporary sources for the figure of Hope. Her pose is comparable to Rossetti's siren in A Sea Spell of 1877 (Fogg Art Museum, Harvard University) and also recalls Albert Moore's sleeping women in Dreamers (1882, Birmingham City Museum and Art Gallery). The bandaged head, denoting blindness, may be linked to the allegorical figure of Fortune in Burne-Jones's The Wheel of Fortune (c.1871, Tullie House Museum and Art Gallery, Carlisle), which was once owned by Watts.

　Watts painted two versions of Hope. The original is in a private collection; this version was painted as a replica and presented to Tate in 1897. Following the studio practice of the time, his assistant, Cecil Schott, probably began this work and Watts carried on, completing it fairly quickly. Mrs Barrington, a frequent visitor to Watts' studio, reported, 'Signor has painted a second "Hope", far more beautiful than the one in the Grosvenor Gallery, and one of these he intends to give to the Nation' (quoted in Wilton & Upstone, pp.201-2).

　Watts believed the second picture to be the better version and exhibited it at the South Kensington Museum and at the Exposition Universelle in Paris in 1889. This version is softer in execution and the girl wears a more enigmatic expression on her face. Watts also omitted the star, the only note of optimism, at the top of the picture.

　It has been suggested that the mood of desolation may reflect Watt's own sadness at the death of his adopted daughter Blanche's one-year old child. Despite its sense of gloom, the picture was well received and proved extremely popular with the public. The artists F.G. Stephens called Hope a 'piece of tone harmony' (Athenaeum, 24 April 1888, p.561), inviting comparisons with the work of Whistler and the Aesthetic movement.

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　In the Bible (Hebrews, 6:19), hope is 'an anchor of the soul, both sure and stedfast, and which entereth into that within the veil.' Here, Hope is blindfolded, seated on a globe and playing a lyre of which all but one of the strings are broken. Watts wanted to find an original approach to allegory on universal themes. But Hope's attempts to make music appear futile and several critics argued that the work might have been more appropriately titled Despair. Watts explained that 'Hope need not mean expectancy. It suggests here rather the music which can come from the remaining chord'.

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