From Storage to Auction: The Journey of a Forgotten Oil Painting

May 17
00:06

2024

Ramyasadasivam

Ramyasadasivam

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Patrons of the now-closed Punch & Judy Theater in Grosse Pointe might recognize a familiar piece of art that recently resurfaced. Dick Komer of Bloomfield Hills brought a painting by Dutch-American artist Hanny Van Der Velde for appraisal, sparking interest and nostalgia.

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Rediscovering a Hidden Gem

The painting,From Storage to Auction: The Journey of a Forgotten Oil Painting Articles which once adorned the walls of the Punch & Judy Theater on Kercheval Avenue, holds sentimental value for Komer. His family owned the theater, and he recalls the artwork fondly. However, it had been stored away for years. "The problem is, we never display it," Komer admitted.

Curious about its worth, the family took the painting to DuMouchelle Galleries in downtown Detroit for an appraisal.

The Artist Behind the Work

Hanny Van Der Velde, born in Rotterdam in 1883, was a notable artist who lived until 1959. She was the mother of American painter Henry Van Der Velde and a graduate of the Rotterdam Academy of Fine Arts. After moving to the United States, she settled in Royal Oak and became a member of the Detroit Society of Women Painters. Van Der Velde began exhibiting her work around 1910 and received numerous awards throughout her career (AskArt).

The Appraisal and Auction

Robert DuMouchelle, who conducted the appraisal, was familiar with both the theater and the artist's work. "That's what makes this business so fascinating," he said. "I love the stories."

DuMouchelle had previously seen Van Der Velde's works, noting that a similar piece had sold for $2,000. Based on this, he estimated the Punch & Judy painting's value to be between $1,000 and $2,000.

The Komers decided to auction the painting rather than keep it in storage. In January, it sold for $1,700, a result that pleased the couple. "We're glad someone will enjoy it," Komer said.

The Market for Van Der Velde's Work

Van Der Velde's paintings have a niche but dedicated market. According to Artprice, her works have seen a steady increase in value over the years. While not as widely known as some of her contemporaries, her pieces are appreciated for their detail and historical significance.

Interesting Stats

  • Art Market Growth: The global art market was valued at $64.1 billion in 2019, with online sales accounting for 9% of the total (Statista).
  • Women Artists: Despite making up 51% of visual artists, women account for only 13.7% of art sold at auction (National Museum of Women in the Arts).

Conclusion

The journey of Hanny Van Der Velde's painting from storage to the auction block is a testament to the enduring value of art and the stories behind it. The Komers' decision to appraise and auction the piece not only brought them satisfaction but also ensured that the artwork would be appreciated by a new owner. This story highlights the importance of preserving and valuing art, no matter how long it has been hidden away.