Huge Naval Wars Oil Painting

Forums: Art, Painting, Oil Painting, Art Valuation, Artist Identification
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Hello everyone! I have been gifted this antique but HUGE 120cm x 190cm (without frame) oil painting of old english ships fighting in the sea. Its a common but quite desired theme, and this one is gorgeous, detailed, very well made, the photos alone doesn't make it justice. Unfortunately It was stored rolled on, without much proper care, as it was removed from the original frame, but the canvas is not cut, doesn't have any holes or rips. What needs to be restored are a bunch of small white spots with paint loss, and a removal and reapply of varnish, as well as reframing.
On the back it has this signature that reads Stochausen .54, I could not find anything about this artist, but it looks european, and I dont know if it is from 1954 or 1854.
One guy is super interested in acquiring it for $600, but I have my doubts if the painting is maybe worth much more than that. Can anyone help me with that? Thank you all!
Here are the photos I have taken of the Painting, plus signature.

https://ibb.co/1ZcCdhj
https://ibb.co/zVpj4cM
https://ibb.co/3Yqwwjf
https://ibb.co/8DpH6dd
https://ibb.co/47VD0X0
https://ibb.co/fqT89wC

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Type: Discussion • Score: 2 • Views: 1,500 • Replies: 6

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@PedroP,

Here is another link easier for viewing the pictures.

https://www.artistforum.com/threads/huge-ships-at-war-painting.61266/#post-287147

Is it worth it to restore it or sell as it is? I'm being lowballed for $600 for it?

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@PedroP,

One of these paintings shows the "Fourth Anglo-Dutch War, Battle of Dogger bank,
August 5, 1781, American Revolutionary war.
It is painted by Thomas Luny
The original hangs in London. You might have a canvas print, but to be sure I would go to an art appraiser who is specialized in these type of warship paintings.

https://en.wikipedia.org/wiki/Battle_of_Dogger_Bank_%281781%29#/media/File:The_Battle_of_the_Dogger_Bank_5_August_1781.jpg

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@CalamityJane,

Wow, you are a life saver, thank you very much for sharing that! So yes, that would explain why the white spots appeared on the painting. I didnt know that in 1954 they could do canvas prints with such amazing colors and resolution, or maybe 54 is the number of the print. I'm very intrigued. I' unwrap it and take a closer look again. So maybe 600 is quite fair for it then?

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@CalamityJane,

Its weird because there appears to be brush strokes on the painting. Could this be a copy as well? If so, its very well made.

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@PedroP,

I don't know, Pedro! You'd have to take it to an art appraiser and see if
they're legitimate copies. Numbered copies are worth quite a bit too, so don't sell something short unless you know it's value!

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@PedroP,

As it stands, you are not being low balled. But it is filthy and has a lot of small damages. I wonder if it hung in a pub or club. It's nice but but not first rate. A cleaning with repairs might triple the value but would eat up the difference.

Being taken off it's stretcher did it no good. It's opened it to further damage and paint loss. If it were mine, I'd have re-stretched, lightly cleaned and stabilized and take the first $1000 I could get for it. Unless it would look nice over my fireplace. My wife would never let me hang that in the front room.

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Huge Naval Wars Oil Painting

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