This is at least the second time this seller has tried to unload this set. It was listed in late September 2012 with an opening bid of $1,900. Here is what I wrote then: "These are all great items (especially the small cups and saucers) and appropriately marked, but the opening price is already a fully valued number. I think the seller is making an error starting so high as that price will engender few bids. Why not start the lot at $500 and let the vagaries of the auction setting determine the price?"
The seller is slowly making progress in the right direction. They have listed it with a Buy-It-Now price of $1,695 with a willingness to accept offers. Given the described condition of the pieces, I feel this set is worth in the $1,100 to $1,400 range depending on your tolerance for imperfection.