This painting was done in ink, watercolor, and colored pencils.
I found a description (and I apologize for not remembering who posted it or where) of how to do a painting in more or less the technique of artists like Edmund Dulac. It consists of beginning with a drawing in brown or sepia permanent ink, then a very wet wash of raw umber, which you blot in places where you want lighter colors. Then layer the color in thin washes, and end with white highlights. I did that, and then ended using colored pencils to make the colors more precise and more defined.
The description I downloaded was a full page of instructions, which I have shortened to the point of being useless to try & follow. So if anyone is interested in the full directions, tell me in a comment and I will be glad to post it or send it to you.