I look at something like a Dunhill ‘White Spot’ and I think how can it be worth more than 4X the price of say a Peterson which, by my book, is still quite expensive? If you have the money great, but if not I don’t think it does anything better than something a fraction of the price.
My apologies, but I'm about to give you way more of an answer than you asked for, but I'll try to keep it easygoing.
At the core of it, pipes are like cars: If you're looking for the best car to get you from A to B for the price, you'll probably buy a 90's Camry. Inexpensive to obtain, maintain, or replace if needed.
The unseen cost of buying a 90's Camry is that, no matter the situation, when somebody sees you get out of a 90's Camry they'll make assumptions about you which you can neither know nor change. He's poor, his career isn't where he hoped it would be by now, etc.
Anybody who drives a Bentley, meanwhile, has multiple cars. You don't want the wear and tear of regular use, nor do you want to risk scratches, dents, and dings. You keep a nice but economical car to drive through the week, then you whip out the Bentley on weekends or when you think people might see it. And sure, sometimes you'll drive it on a whim for fun.
While the analogy isn't 1,000% accurate, most of the themes hold. I have a Dunhill Tortoise and I have pipes by artisans new and well-known alike. (Not many, mind you, but enough to have a top 3, and to have had one burnout experience so far.)
My best smoking pipes are those I've made myself, but I'm going to dismiss this out of hand as I can't control the bias. That aside, I have two pipes which outsmoke all my others to a margin that isn't even close. One is a standard bent by Stefano Santambrogio - it's a seconds line by an Italian brand and it set me back maybe a hundred bucks
after shipping. The other is a poker with a bamboo stem, made for Tobacco Pipe Exporters by a maker I'll never know, which ran $125.
If I'm going to a pipe society meeting, I'll take those with me, but they probably won't leave my bag as I'm much more likely to smoke my Dunhill. When I'm around a group of people, smoking prowess takes a back seat because I might get to talking and let the pipe go out. Or I might want to try something else, giving me an excuse to pull out an artisan pipe, or one of my own.
Not only that, but I smoke a Dunhill when I'm around other pipe smokers because I'm an introvert, so it's a hack; I know I'll get approached and I'll be asked a question that promptsa conversation. Namely, "Hey, is that a
Dunhill?"