The correlation with high end woodworking or furniture is a valid one, and I understand this
too because I supply that trade. An incredible well made intricate piece done exclusively
with hand tools by an unknown artisan might sell for considerably less than it cost to make.
A designer piece made with hundreds of thousand of dollars of automated equipment in a
shop with a high reputation might itself sell for tens of thousands. A one-of-a-kind piece
by a famous woodworker is likely to sell for way more than something he had mass produced, but it all depends on the specific design and its current popularity. In other words, there is no just one relevant pattern to this, but several. I play by my own rules,
but if I was a gallery operator, I would certainly want to understand the foibles of the
crowd I was marketing to.