A. G. Russell sells excellent knives, his catalog descriptions are accurate, the more you pay, the more you get, but all are excellent value for the money. His customer service is second to none. A.G has been selling his own designs for decades now, a number of Morseth knives are in fact, his designs from after he took over the business. The Morseth Cascade skinner is an outstanding skinning knife.
I think the real question is at what price point do you actually start to see diminishing returns. For an analysis of that you have to define your criteria. If the criteria is cost versus function, I think modern production knives offer everything you need in the price range of $75-$125.00. For that price, for whatever task you want, there are excellent designs with properly heat treated steels. At this price range, you can consider the knife a “throw away knife” as if you lose or break it, you are not out of a mortgage payment. This Hattori knife falls into this category:
Is this very expensive Jesse Davis drop point that much better than the Hattori drop point?:
Well not from a functional viewpoint. Both are well made, both take an edge and cut well. The Jesse Davis knife is just a little prettier and it is a pleasure owning an excellent example of a man’s work. If I lose it, I will be very upset as I won’t find another.
When it comes to what you get for the money in cutting and functionality, sometimes I think the 1830's Green River patterns were the end of history.
Skinner
Hunter
Dadley
This Carbon V Butcher is a Green River Pattern
Art knives are in a category all their own. I have seen modern replicas made from silver and abalone, based on the Micheal Price and Will & Finck patterns, that are art works by themselves. Is a $1,000 - $2,000 dollar knife that will never cut bread worth it? For some it is. A.G sells custom knives that are $500 and up, and they are undoubtedly excellent knives and they sure look pretty in the catalog. Is a $500.00 knife that much functionally better than $100.00 knife? Well, probably not . But the pleasure of owning a beautiful knife is sometimes worth the money.
I could not afford the $27,000 it takes to buy an original Gravely and Wreaks bowie,
http://www.antiquebowies.com/antiqueBowies/earlySheffield/Graveley/graveleyAndWreaks.htm but I was able to buy a nicely made replica for $200.00. It will not be used for much, but so what.