The bald ugly truth of the matter, once beyond a certain price point, you gain very little except bragging right. To the rest of the 99% of the human race that does not share our affliction, it's ridiculous to spend more than 15 to 20 dollars for a knife. You see, we are the knife knits, that is to say we are those with Aichmomania. The phobia level obsession of pointy sharp things. We can try to justify it to both ourselves and family, just like the car obsessed tried to convince some that his 100 thousand dollar Porshe is a better car for his commute to work than say, a Toyota.
A knife is a cutting tool, and that's it. It can be embellished, dressed up with higher cost handles and bolsters and blade steel. But if it cuts a piece of rope in two just like an Opinel, what makes it "better" than a lower cost knife that does the same? It all comes down to subjective aesthetics.
Aside from ourselves, here on a knife forum, how does the rest of the non knife humanity get by? Certainly they must be using knives? Chef's, tradesmen, soldiers and sailors all need a knife now and then. Lookig at what the human race buys is a sort of clue. Victorinox is the worlds biggest knife company. Opinel is the second biggest knife company. Vic makes over 35 million SAK's each year. Opinel makes over 7 million knives a year. By contrast, Buck, announced a milestone for them a few years back, that they had made the 10 millionth Buck 110. It took them about 40 years to do what Opinel does in a year and a few months.
So, seeing that the rest of the world is doing very nicely with "lower" end knives, how much better does a high price tag and a boutique name on a blade make the knife? I've fallen into this trap in the past. I used think of my Randall's as my better knives. I was convinced that since I had paid more, I had a "better" tool. Once morning when I watched a friend and co-worker field dress his opening day buck with a Buck 303 pocket knife, and od a nice clean job without having to sharpen once, I was impressed. It made me rethink and question what I had thought. Next hunt out, I used a little Frost's Mora and it actually did a better job on the deer than a Randall hunter. I sold off the Randall collection and the better half and I took a round the country road trip to all the big national parks with the money. Had a great month on the road.
If you like the aesthetics and can afford it, fine, buy what you like and bakes your cookie. But it ain't written in stone that you're gonna get a "better" knife than some Swedish Forestry worker with a mora on his belt, or some Texas rancher with a Case trapper in his pocket. Yes, a 100 dollar knife will be a 'better' knife than a 20 dollar knife, maybe. But a 200 dollar knife will not be twice as good as a 100 dollar knife. Once you get to a certain level, you reach the point of diminishing returns very fast. At that level you start running into hype very fast and deep.