While visiting his friend Yün Nan-t'ien, Wang Shih-ku tells a
story about a masterful painting called Autumn Mountain by the artist Ta Ch'ih. He explains that a man named Yen-k'o, a great admirer of Ta Ch'ih, learned of the painting, which was supposed to be the finest of the artist's works. Seeking the painting, Yen- k'o ends up at the house of a Mr. Chang, who shows him the painting. Yen-k'o stands in awe of the painting, declaring it of "godlike quality". Convinced he has witnessed perfect beauty, he attempts to purchase the painting a number of times over many years, but Mr. Chang refuses to sell it.
Fifty years later, Wang Shih-ku himself, after hearing of it from
Yen-k'o, attempts to see the painting. He learns that Mr. Wang has obtained the painting from Mr. Chang's grandson. Wang Shih-ku goes to see the painting; he is, however, disappointed when it is hung. The painting, while a masterpiece, does not live up to the description Yen'ko had given. He and Yen-k'o show their disappointment, though the renowned critic Lien-chou lauds it as one of the greatest paintings ever produced.
After Wang Shih-ku finishes the story, he and Yün Nan-t'ien
muse over whether the painting had another version, or if the masterpiece Yen-k'o saw never existed outside of his head. Wang Shih-ku announces, that even if it never existed, he can still see it in his head, so there is no loss. The two men clap and laugh after realizing this.