You know what's really crazy?
Some guy throws some oil and tint on a canvas and people will literally pay hundreds of dollars for it. I got my whole house painted last year for less than that thing cost. It took gallons of high quality paint, while this thing can't even sit outside for a month without being ruined. Some people fall for the marketing instead of realizing that you have to base what you're willing to pay on materials, not some fancy name. I found out that the place that owns this painting doesn't even use it. It's a total safe queen. They just hang it on a wall and stare at it. Posers. I know which paint job is better because I use all of my painted objects in real world hard usage situations. /sarcasm
The fact of the matter is that there are many factors that determine what an object is worth. Materials used, craftsmanship, durability, etc. However, the number one factor in determining what an object is worth to somebody is how much they like it. Change the materials and you can increase the price by 10%, 20%, heck even 1000%, but if you can make the right people like that object you can put whatever price tag you want on it and somebody will buy it. It doesn't have to make sense to anybody but the guy pulling out his checkbook. If you don't like an object enough to pay the asking price the common sense thing is to just move along. It makes no sense to go to an art gallery and complain about how much they're charging for paintings made with oil paints and natural bristle brushes. Why would it make any more sense to go to a knife forum and complain about how much people charge for knives based on what materials they use or what methods they use to manufacture said knives? In both cases people are lining up to pay the asking price, so obviously they're worth it to some people.