Having a $400 knife - it's a tool. Gets banged up in the CNC shop, and looks it. It was not made as a jewel, tho, and that's the point.
Price does not determine the "tool or jewel" status of a knife. The purpose of the knife as envisioned by the maker does that. I have a inexpensive folding Bowie repro with nickel silver cast bolsters that rarely sees the light of day. That little jewel ran me less than $25, and I would hate to see it all banged up at work. It's meant to be a nice reenactor piece for show.
The SnG, however, gets what's thrown at it. It's obviously not a shiny show off pocket jewel, despite the price, and that's where a lot of us start drawing lines.
I choose looks and function to be the line, not price. $35k will get you a nice Lexus or a Caterpillar, and I rarely see either garaged under a tarp.
It's usually some semi-rare interesting old car, like that horse pommel Bowie.