Sculpt solid representations that are highly regarded (5)
I believe the answer is:
idols
'representations that are highly regarded' is the definition.
'sculpt solid' is the wordplay.
'sculpt' indicates an anagram.
'solid' is an anagram of 'IDOLS'.
(Other definitions for idols that I've seen before include "Solid (anag.)" , "Solid kind of images" , "Heroes" , "Effigies worshipped as gods" , "objects such as the Golden Calf" .)