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Well, it's not all that expensive if you choose not to make it so.
But consider what it takes to have an ounce of extremely high quality steel be ground into final shape by hand and then also by...

Well, functional starts at about $2.18 (the chinese gold dollar) plus shipping, plus retailer markup, plus honing.
Then 'nice looking' adds another $10-$100, depending on your definition of 'nice'....