Just to add a bit of perspective to the thread; I was in a Movie/music collectible store in Downtown Disney back in october. This place had autographed guitars, records, autographed Sgt. Pepper Jackets, etc. There was a prop from the Harry Potter movie on the wall. It was the knife used by "Wormtail", came with a cert. of auth, a nice frame and poster. The knife was WOOD. Not steel, not metal, not even plastic, but WOOD. It wasn't even nicely finished wood, it looked like a branch I'd find in my yard, shaped with a rock, and painted with whatever was in my garage.
Asking price, $1750. Thats for a piece (maybe POS is better)that has NO real world use, no real labor to make, and doesn't even carry the value of the materials used. Hibbens piece could be used, and probably used very hard if one so desired. If things collapsed in the world, it would be usable or at the least worth whatever the steel is worth. A peice of wood on the other hand, is good for about 5 minutes of small flame.
SO why should Mr. Hibben's work no be worth at LEAST what a hunk of wood is being sold for?
I can throw paint at canvas and call it art, and be lucky to get $5 for it. If Jackson Pollock does it however.....