To me $250+ is expensive, but certainly not unreasonable, customs are complete works of art, and something like a Sebenza which is around $400 is a work of art too, they're functional works of art.
I disagree.
A Sebenza is a functional piece of precision manufacturing. It is not art. Thank you for letting me disagree with you.
To the thread,
I personally think regardless of hobby, skill, or what have you a $300 knife is about the level where a makers knife, a production piece, or a folder vs. a fixed blade all approximately intercept. A blade commonly accepted as being of high quality falls in there.
There are a ton of offshoots and exceptions to be had in 2000+ years. Foreign hand forged pieces that sell for a fraction of American products, and perform, and have warranties behind them. There are American makers that hand forge, profile, heat treat and sell beautiful pieces of steel, with custom leather, and amazing exotic woods and other natural adornments for handles for less than $2000. In several cases they could charge $5000 for the same work and sell knives.
I think everyone should caution themselves against adopting a dollar standard when looking at knives. I have scored a $13 knife that turned out to be worth around $150 or thereabouts. I have a BUSSE that cost me $600, and is probably worth that today. I have Randall knives and whatever they may be worth it won't be me that sells them. I am looking into Ruana knives right now, and will probably plan a purchase of one of those next. It isn't always about the cost, but do you get what you are buying?
For some folks it is the knife, and what they can do with it. For others it is the steel they will get, a different genre's "bigger engine" debate if you will. For some it is the name, or history behind the knife. I know for many who have family traditions of military service in your blood, there are names of tools and firearms permanently molded in your psyche. I tend to enjoy both the function and history, or tradition of the blades I am looking at now. The flair of the month in cutlery never stuck with me for long.