Agree on the rope hanger would have been here originally and the time line. B&d is so=o=o=o=o=o=o good on this type of thing
I will one better you on the value and say $300 to $400 depending on where you live and the demand in your area. I have alot of artsy friends with lots of $$$ that wouldn't even have batted an eye and paid up to $500 for this because of it's style and uniqueness. So, depending on where you live and if there are alot of decorator types and people with $$$$ you could get the higher prices!
So, B&d is the wiser putting the value at $350.