Most of the changes that happened between the first state in the series and this second one are in the subtle background of the image. The aluminum leaf shows through this layer, creating transparency and some nice depth. The plate tone from the first state in the series has become a drawing element. And it really switches things around when the print is at an angle or in changing light. Compare the big image at the top of this post with the side view below.
To really understand what the silver leaf does to this print, take a look at the video in the post introducing the “Wanderer” series.