Pantalone was a caricature of a typical Venetian merchant; rich and retired, mean and miserly, with a young wife or an adventurous daughter. He was always trying to combat people who were trying to take his gold from him, always losing out against wit and improvisation. Yet at times he was a sympathetic character, as he appeared to trust others who care not for him but merely his money.
At the time of the earliest representation of Pantalone in the sixteen century, the character always wore the same costume, a red, skirted waistcoat with fitted sleeves. Each leg of the stockings and breeches was cut on the bias in one piece, with a seam at the back. On his feet, he wore comfortable mules. On the top of his outfit, he wore a black, sleeved robe.
Here are some fine representations of Pantelone in Meissen Porcelain.
A Meissen Italian Comedy figure of Pantalone
A Meissen figure of Pantalone from the Weissenfels series