Appraisal: Picasso Madoura Plates
GUEST
Well, I inherited these from my grandparents. They picked up these plates probably in the '50s. I grew up seeing them on their coffee table, especially this one, and it was used as an ashtray.
APPRAISER
Well, when Picasso died, and he did spend much of his later life making ceramics in the south of France in the town of Madoura, they weren't worth a great deal back then. You could buy them inexpensively. In the last ten or 15 years or so, Picasso ceramics have really gone up in the marketplace to the point that today, they're really sought after. Neither of these are unique, but nevertheless, they have good, strong value. They're very powerful pieces and well done and well decorated. The one closer to me is, I suspect, the least valuable one, but even so, at auction, it's likely to bring at least $6,000 and maybe as much as $8,000. And the one closer to you is more valuable, and I would say in a good auction today, it could bring at least $10,000.
GUEST
Wow.
APPRAISER
And maybe as much as $12,000.
GUEST
Wow, that's pretty amazing.
APPRAISER
Using it as an ashtray is not a good idea either.
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