Here's information about this type of set:
Manufacturer and Period: MZ Austria refers to porcelain produced by Moritz Zdekauer's works in Altrolau, Austria, between 1884 and 1909. The mark changed to MZ Altrolau after the firm was purchased by C.M. Hutschenreuther in 1909.
Design Characteristics: MZ Austria pieces, like this set, are known for their lavish floral patterns and overglaze gold decoration, characteristic of the era's decorative arts. The set in the image features delicate pink roses and gold gilt trim, which aligns with these descriptions.
Collectible Value: These hand-painted sets are considered collectible antiques and can be found for sale on platforms like eBay and Etsy, often noted for their fine porcelain quality and historical significance.
Condition Considerations: As with many antique items, the condition of the gold trim and any potential chips or cracks are important factors in determining value. The gold gilding on older pieces may show signs of wear.