Hi Sarah,

Thank you for contacting Mearto with your appraisal inquiry.

The "VM” signature seen on these pieces is most commonly associated with Vetreria Artistica, a workshop that operated during the mid- to late 20th century (roughly 1950s–1980s). They specialized in decorative enameled and gilded cobalt or ruby glass decanters, vases, and stemware sets like yours and were decorated with hand-painted enamel flowers, applied gold scrollwork, and sometimes relief enamel petals (as seen in your set).

These were made for export, especially to the U.S. and Western Europe, where they were sold in gift shops and luxury retailers. While these might have retailed for a fairly high price when purchased, they usually bring less than $500 when sold at auction.

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

A vintage Murano Bohemian style cobalt and 24K parcel gilt decanter set
attributed to Vetreria Artistica, mid 20th Century
Comprising a baluster-form decanter and 7 footed goblets on clear feet, gilt inscribed "LAVA A MANO (wash by hand) VM"
(DIMENSIONS)
CONDITION: These appear to be in good condition
PROVENANCE: Acquired at an estate sale
$300-500*
*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