Hi Kirk,

Thank you for contacting Mearto with your appraisal inquiry.

It's a bit hard to tell without handling these in person but they appear to be watercolor, ink and gouache on thick paper, with some white highlights in the Pinocchio page. They were almost certainly made as storyboard panels early in the production.

Since the release of Snow White and the Seven Dwarfs in 1937, Walt Disney movies have shaped generations through memorable characters, groundbreaking animation, and timeless storytelling. Their themes of hope, courage, friendship, and perseverance have become embedded in popular culture, inspiring countless films, books, music, and theme park experiences worldwide. Disney introduced audiences to feature-length animated films as a major art form while establishing beloved franchises that continue to captivate children and adults alike. From Mickey Mouse to Frozen, Disney's enduring influence has made its films a shared cultural touchstone across generations and around the globe.

Original Disney drawings are not just illustrations; they are working documents from the creation of films that changed entertainment. Animation is often associated with finished images on screen, but collectors are drawn to the spontaneity of the pencil line—the erased marks, construction lines, expressive gestures, and variations that reveal the animator’s skill. These drawings show the character being created, not merely reproduced.

The 1941 Goofy short “How to Ride a Horse” —originally a segment of The Reluctant Dragon—is particularly interesting because it helped define the modern personality of Goofy: an enthusiastic but accident-prone character whose physical comedy depends heavily on expressive posing and timing. It was directed by Jack Kinney. The principal animators associated with the sequence include: Wolfgang Reitherman (“Woolie”) — who is widely credited with animating much of the sequence and considered one of the key contributors to Goofy’s athletic, exaggerated movement style, and John Sibley — who is also associated with the sequence and later became one of Disney’s most important Goofy animators. Other credited animators include Ed Aardal, Stephen Bosustow, Chester Cobb, George De Beeson, Andy Engman, Edwin Fourcher, and Russ Dyson.

Altogether different artists worked on the 1940 feature film "Pinocchio, Geppetto and Figaro." One of the supervising animators was Art Babbitt, who was famous for his sophisticated character acting; Eric Larson was another supervising animator. Milt Kahl, Frank Thomas and Ollie Johnston were also key animators in the film.

From a market standpoint, the Goofy drawing appeals strongly to animation specialists because of the importance of the Goofy character while the Pinocchio drawing has broader appeal with the film is one of Disney's canonical masterpieces and feature film drawings tend to command a premium.

Original Disney storyboard drawings occupy an interesting niche in the animation market. They are usually not as expensive as key production drawings by famous animators, but collectors value them because they represent the earliest visual storytelling stage—the moment when the film’s action, composition, and emotional beats were first worked out.

Entire storyboard sets can bring five figures if sold in the right venue but individual pages are much more modestly valued, averaging $50 a page. If you're thinking of selling these, I would sell them separately as they will attract different kinds of collectors.

Based on the photos and information provided, and subject to examination, this is:

Two Walt Disney storyboard drawings
One from "How To Ride a Horse" (1941) and "Pinocchio, Geppetto and Figaro" (1940)
watercolor, ink and gouache on paper
each 8-1/2 by 11 inches
CONDITION: with some toning
PROVENANCE: inherited
$40-60 each or $80-120 for the two together*
*represents a fair-market value for auction purposes; retail or asking price may vary.

Please let us know if you have additional items to appraise, or questions/concerns, and thank you again for using Mearto.
~ Delia