If owning a Dunhill makes you feel prestigious, I guess there is plenty of value in that. We live in a world that takes pleasure in beating you down so if an item you saved for and proudly purchased can make you hold your head a little higher or add a bounce to your step - have at it!
I payed a few thousand dollars for a handmade guitar. Is it functionally better than a Taylor or Martin or other established and universally revered brand? Probaby not, but I love it much more than I would an off-the-shelfer.
So personally, if I were to spend several hundred on a pipe (I won't, but I get it), I'd commission a piece to my spec so there were none else like it, to the degree that's possible.
I payed a few thousand dollars for a handmade guitar. Is it functionally better than a Taylor or Martin or other established and universally revered brand? Probaby not, but I love it much more than I would an off-the-shelfer.
So personally, if I were to spend several hundred on a pipe (I won't, but I get it), I'd commission a piece to my spec so there were none else like it, to the degree that's possible.