GUEST: When I was 11, my mother decided to take a leave from her job at the Museum of Modern Art, New York, and took us to France, the south of France, for six months.

We biked all over.

One trip, we biked all the way to Vallauris because we lived in Saint-Laurent-du-Var, which is outside of Nice.

And she bought the plate.

APPRAISER: And the year was?

GUEST: 1967.

APPRAISER: It is a glazed ceramic plate made... GUEST: Uh-huh.

APPRAISER: ...at the Madoura Studios in Vallauris in the south of France.

The first one... GUEST: Mm-hmm.

APPRAISER: ...of this particular group... GUEST: Okay.

APPRAISER: ...was designed in 1963.

Picasso had been doing ceramics at Madoura since about 1947.

And I love to use this as a snapshot... GUEST: Mm-hmm.

APPRAISER: ...of where he was in his life.

Do you know how old he was when he designed this plate?

GUEST: No, I don't.

APPRAISER: He was 82 years old.

GUEST: Oh, my goodness.

So he was very prolific.

APPRAISER: Yeah.

And he never stopped creating.

In '63, of the plates he did that year... GUEST: Yeah.

APPRAISER: ...this is my favorite.

GUEST: Oh!

It's mine, too, but then again, I... (chuckling) it's, it's always been in my house.

But that's so nice that I brought you a favorite plate!

APPRAISER: I love this one.

This plate, like many, many others, is called in French "visage" or face.

GUEST: Okay.

Face.

APPRAISER: The editions are as small on these plates as 100... GUEST: Mm-hmm.

APPRAISER: ...and they go up to 500.

GUEST: Okay.

APPRAISER: And this one is 150, so that is considered a small edition.

It is numbered 147 out of 150.

GUEST: Mm-hmm.

APPRAISER: So we assume he did all 150.

If this was offered at auction... GUEST: Mm-hmm.

APPRAISER: ...being conservative, I would probably go with a pre-auction estimate of $6,000 to $9,000.

GUEST: Okay.

APPRAISER: They have been bringing... GUEST: Mm-hmm.

APPRAISER: ...over $20,000.

GUEST: (whistles) That's a lot.

I-it's all right.

I'm not selling it.

(laughs) I-it is my plate.

(laughs) It's just a period of life that I wouldn't trade for anything.

And this is, this is sort of emblematic of it.

APPRAISER: And if I were to insure this... GUEST: Mm-hmm.

APPRAISER: ...I would probably go around $10,000.

GUEST: Okay.