"That type of lighter is usually quite expensive?"
Yep, usually so. A Dunhill lighter in that style, called the Unique, runs about $300-$400!!!
First introduced in 1924, I think it was the origin of this "lift arm" style.
The IM Corona "Old Boy" is pretty much the same design...
...and built with high quality standards like this bulletproof fuel tank:
Since the Old Boy lighters are quite pricey, anywhere from $80 & up, some folks call the inexpensive "clones" in this style "Poor Boy" !!!
But, all in all, the Vertigo does a fine job of handling the task, the only detractions I'd list are: shiny chrome surface a bit too slippery, spark-wheel isn't grippy enough & fueltank capacity too small...otherwise, it's very good & most definitely a worthy investment for such a great price.
There are a few other economic alternatives in this style which are better left untouched, like if you ever come across a Nibo in this style, be forewarned that they are known to explode!!! That's why they're off the market now, but may pop up on eBay or something...
The Nibo pipe lighter has the same distinguished and classic styling as the Corona "Old Boy" lighter. (((Due to quality issues, this item has been discontinued.)))
...there's quite a few variations on the theme out there.