[widgeon13]

You are paying for the quality (perceived in some cases), workmanship and sometimes custom work. Many shotguns at high prices are bespoke in all respects.

It's no different from cars, watches, fine jewelry, fly rods and reels. Because of the limited number the price for exclusivity is high.

I've always wanted a Bogdan fly reel but they are min 2G's if you can find one and three to four year wait for manufacturing. A $50 Martin will do the same thing.