You make some interesting points my friend.
The debate here is in some ways peculiar. Prices for custom knives, by and large, must be affected by the price of a high-end artisan Japanese knife or a good commercially made manufactured knife. This will tend to put a ceiling on the value many buyers perceive from custom makers. Buyers who seek art will have a different price point and they may perhaps sacrifice functionality for the sake of the art.
Why do you believe the prices are related at all? I actually think they aren't...and if it weren't for a select group of people here who try to tie the two together, they wouldn't be perceived that way by anyone. I know very few US makers who are influenced by the Japanese knives...other than perhaps general profiles and/or handle shapes. For some, this is to their detriment. For others...it's a very big benefit. Often, being influenced by a product already established boxes a person into a way of thinking. It limits them in a way, opening some doors while painting others over in such a way that they are never seen. To me, it's better to come at something fresh, without preconceptions. Focus on it as a problem with a myriad of solutions, and see which solutions you can blend into the most effective answer to the problem. I ask my 8 and 9yr old's opinions on real world issues I face on a regular basis. Not because I believe that they will hold the answer, but because they have NO PRECONCEPTIONS, and will often hold the key to an answer I would never have come to on my own. This has served me in my various careers, as well as in other ways...since they learned to speak.
I guess my point though is that other than for select people in places like this forum, where Japanese knives are the staple and standard that everything else is compared to...most people have no clue what a gyuto even is. For the better educated of that lot, the gold standard Japanese knife is a Shun santoku. I promise you though, thanks to places like Facebook and Instagram, along with Pinterest and other social media centers...they do know what a custom kitchen knife is, and many are even prepared for the price tag that goes along with it. One maker I know, with over a year waiting list...told me most of his customers come from Instagram and Facebook, with only a handful coming from here. Oddly, those customers are still full time food preparation/service professionals of various levels. They apparently don't balk at a $900 250 gyuto either...and value performance as highly or higher than the people complaining about the high pricing of customs on these forums.
The peculiarity to me, as a businessman, is that custom knife makers seem to be in a bind when it comes to pricing. Very often, good makers have a waiting list that stretches out for months or even years. This suggests that demand greatly exceeds their ability to supply. It also suggests that they could charge more. Some sales would then fall away, but they would make more money from fewer knives. Price elasticity may be required to recover demand at some point and this can be a risky game to play for the small business. They could of course seek to adopt a more efficient business model, where some work is undertaken by apprentices or paid skilled staff, and the artisan concentrates on the elements that add most value of which one is definitely dealing directly with the customers.
Pricing is absolutely a struggle for many makers....particularly initially. Also, and I want you to think about this...overpricing is far better for many of them than underpricing. One can always hold a 'sale'...or give a 'break' to a potential client for whatever reason. But the second you raise your prices based on overhead or demand or ANYTHING else, you're a dirty no good selfish greedy jerk who's just out to take people's money.
Seriously.
I like making things too but I would not dream of doing it for a living. For me the real business problem with custom knife making is that it is not scalable and the business does not acquire capital value either. The craftsman is selling his skills attached to his name: and when he stops work, his business is over and all that is left if the residual value of used machinery. Thus this field presumably attracts people who enjoy making knives, but who are not necessarily interested in making a lot of money.
Probably cheffing is much the same. Some superstar chefs manage to leverage their brand with multiple restaurants, TV deals, books etc. The vast majority dont though. I see it as quite similar to knife making in that sense.
Don't tell that to Murray Carter
. Honestly though...I think it's more scalable than one might think...but on average you're probably right. A maker can always make the choice to do what Murray has. Establish a name, create a small factory environment, and start breaking labor up like the Japanese do...so no one person knows enough to branch off and take your business from you. That's a business that could carry a family name, and have value beyond the bladesmith that started it.
Devins post was salutary and his points well made. I respect artisan knife makers for their craft and I admire their skill and artistry when they deliver that craft well. I wish I had that skill but I lack both talent and time sadly. Despite respecting their skill, in my case I am rarely willing to pay a premium price for a custom product, as for me function (at a given level of excellence) is what I value most. This will be the case for the vast majority of people as, this forum aside, most of the population buy knives as tools of necessity and do not attribute much special value to them.
What if you could have a knife that outperformed your Japanese knives?...and looked like a million bucks doing it? In addition, the draw most people (outside these forums as you said) have towards customs is to the appearance of the knife. The outstanding performance comes as a complete and often unexpected side benefit to them. One maker I know recently sold a $1350 (LOTS Of options on the knife) 270 gyuto-hiki to a private person in California as a gift to his girlfriend. When asked what she was going to use it for, the gentleman's reply was 'to cut watermelon, she always complains she doesn't have a knife big enough'. No joke. After a small period of getting used to it, it's become the only knife in the house she uses, and the gentleman signed onto the smith's books to get one for himself.
Again...many people in these forums tend to think of this as being the only world in which custom kitchen knives are popular. It's not. As a matter of fact, surprisingly enough (even to a bladesmith), it's only a smallish facet of their customer base. Perhaps 30%. Chefs from all over the world have never even heard of this place, and yet they are still all over the internet looking for things that catch their attention...and that doesn't even take into account the home users.
Please do not misunderstand that comment. I'm not belittling the role places like this play in the custom knife world. Places like this one and the people ordering knives on them are INVALUABLE to a smith truly looking to improve his work. This assumes though that he receives HONEST FEEDBACK, both positive and negative, and is REQUIRED to do that work to your satisfaction! The custom kitchen knife world is definitely large beyond these forums...but you guys absolutely have the power to steer it, if you just took advantage of it. If you spend $1k on a 'pretty' custom that won't cut butter, and told the gentleman making it you wanted a knife that could cut butter...TEACH HIM how to make a knife that cuts butter by forcing him to give you what you paid for!! If you do not, the fault is your own. We teach people how to treat us, truly. The more you do this, the more value your purchase money has, and the more value future purchases will have as well...because later you might want a knife that cuts butternut squash, and if he's had enough time in between with other outspoken and educational customers like you, he'll have it down to a science by the time you make your next order.
All this said, I am glad that there are people out there who are willing ad able to make custom knives. It adds to the variety available to us and it sustains a craft into the future. Society has lost too many creative skills as so many of us stare at screens, clicking keys or fondling our smartphones. :running:
Me too!!