If you do furniture research seriously, you learn that the difference between Hancock and Moore or similar brands and like crate and barrel is enormous. Go search for Hancock and Moore furniture at your local estate sale and notice that no one will let it go for less than like 50% of its original cost even despite significant usage. This is because those in the know realize that it’s the top quality product.

It’s like boots - whites boots or Thurgood are objectively superior to almost everything else in terms of price to performance ratio. Most don’t buy them because they buy into Nikes bullshit propaganda. Product differentiation based on quality is the single most important aspect of price - even if companies do everything they can to obscure quality discovery.

When you care about the following (google these, they are the marks of quality in the furniture world), paying a pretty penny is worth it.

Kiln-Dried Hardwood, Corner-Blocked, Double-Doweled Joinery, Eight-Way Hand-Tied Sinuous Springs, real full-grain leather (Aniline or Semi-aniline Dyed)

>it’s all a matter of taste

And priorities. I spent a lot on a dining room table but recently decided I'd buy an all-wood with more assembly replacement bed rather a really expensive hand-crafted platform. Can probably just have my contractors assemble and I'll still come out way ahead.