They are both luxeries that some fail to recognize the effort and talent it takes to make them and, inmho, undervalue them.
Value is personal, and idiosyncratic. We can understand the cost required to make a thing - those woods, the tools and facility they use, the time of skilled craftspeople, cost money. But the fact that those things cost money does not automatically mean that the thing is worth $300+ to me, personally.
I say this as someone who has bought Wyrmwood stuff before, and am happy with those purchases. They do good work. That doesn't mean I think the thing is worth a month's groceries, to me, personally.