Whether in pipes or any other good produced by man, the return on each dollar invested decreases with the amount. That is to say that the difference between a 50 and 100 dollar pipe will be very noticeable (a neophyte with some knowledge of manufacturing will be able to tell which is the best even if he has never seen a pipe before) the difference between a 100 and a 200 It will be noticeable but perhaps less and as the price goes up the differences will be more subtle. It should also be borne in mind that in a visual post there are many features that are not appreciated, such as the perfect mouthpiece, the drilling or the weight of the pipe, to give an example.
It is interesting to consider this value curve. As
@Briar Lee pointed out in previous pages, luxury is somewhat contrived. Often by the manufacturer, but also by the consumer(s) of the product. I hope that my short response to his prior statement does not offend - upon re-reading I noticed that my hasty response comes off snippy, if not snarky, and I meant no affront or offense in my reply. My thought was more along the lines that this concept of high-end can end up being so ill-defined when talking to a group of collectors that assign value very differently, but there was an attempt at defining that range for this discussion. Some place value on age, rarity, or representation of a specific era. Others place value on the maker, artisan, or other branding along with the “weight” those particular names and stamps carry. Lots of discussion always comes up when the price tag is considered, as we all feel a little differently about our own value curve definitions.
I also agree that there is a whole host of other attributes that cannot be communicated via photos or even long-winded texts, and each of these attributes have their own sliding scale of importance and subtlety that only personal experience can define preference for. These factors all contribute to an individual’s assessment of value or worth, and as that is further defined for each of us, we can decide how much of our disposable income can be parted with in exchange for these tiny details that may not be important or even perceptible to others. Some of these factors include construction (and the myriad ways to change the experience and performance of the pipe, whether in style, shape, or the “engineering” of the pipe), balance, weight, grain orientation. Possibly one of the most common and significant factors is personal connection, whether to the pipe through use and familiarity and experience, or to the maker, or a connection that is important because of the manner in which the pipe came to be in a person’s collection (gift, inheritance, trade, souvenir purchase, etc). All of these make the “magic” for the smoker.