We all can agree that a Bose Wave CD player sits at one end of that continuum, a Koetsu Jade Platinum phono cartridge at the other—but what of all the products in between? Scarcity, mode of manufacture, appearance, even sentimentality ("This is just like the one my father used to have!")—each plays a role, but there's no doubt that price tops the list: The more we pay, the more we love (footnote 1).
If we remove price from the equation, what then? Is sheer…