As of 2014, a hand-painted Limoges butter plate and knife can be purchased for $32 on Etsy, while a set of six hand-painted plates with a fish design from the 1890s sell for $800 on Ruby Lane. About.com notes that a signature by a known artist increases the value.
The site also notes that Limoges pieces are less valuable when they are not hand-painted. These items use transfers, which look similar to hand-painting. Damage to the items, especially to hand-painted artwork, also lowers the value.
Limoges, France, became known for its porcelain production in the late 1700s after the discovery of kaolinite, a type of clay used in the manufacture of porcelain.