Bithabus, if you look around at the great majority of the so-called custom knives for sale here, they have CNC ground blades, are built out of a catalog o available patterns, etc and are NOT customs in any sense that they were made for one guy with one set of specs never to be recreated - Alex Collins comes to mind in terms of rarely if ever recreating a piece. Bill Moran builds his blades to order and goes by a general pattern, then the magiv begins.
Mad Dogs are built entirely by hand. This is hard for some folks to understand, that the cost of a knife, unless as you ask, it is built as an art piece, the cost is not about the materials.
If the cost of a using knife is based more on the materials used than the time spent making the knife, then really you are buying the equivalent of a snap-together model kit with the maker adding little in the way of value - let's face it, the so-called wundersteel SV30, how much is a piece of it really in comparison to the cost of the knife - pretty much what, about 10%? 5%? And in the end, are you really happy if you bought nothing but an expensive piece of steel with no soul, the lines of a cardboard box and the feel of a Stanley Wonderbar? The maker, the build, the design and interpretation, this is what you pay for with any custom, semi-custom, or high-end production knife.
Castings are never meant for use - nor are inlays, pearls, gems, etc. This is a blade meant for use. So how's it get $3000 pretty regularly?
With this you pay for craftsmanship, performance, the edge being ground out by hand. Hell, the entire knife being ground out by hand. By hand. The handle being ground out by hand. The goat thing. The balance, the weightless mass, the real control at full speed. This is no mediaval reproduction, this is designed for used, built for use and has been proven in use.
In a sense, what would you pay for a Fisk Bowie, or a real-deal katana? A Larry Fuegen? Lile Button Lock?
I guess you get it or not. Maybe you will someday, but I doubt today.