The systematic importance of the eidetic account of phantasy for Husserlian phenomenology in general is undisputed, but whether this account can be relevant for Aesthetics has often been put into question. In this paper I argue that Husserl's rich phenomenology of phantasy, and in particular his account of perceptual phantasy, can nevertheless significantly enhance our understanding of how we recognize and imaginatively participate in artistic fictions. Moreover, I show how Husserl's peculiar formulation of a non-intuitive phantasy at stake in artistic representation anticipates some uses of the imagination in Aesthetics suggested by Ernst Gombrich and Kendall Walton.