I'm certain there is a supply "shortage" or the the cues would sell for much less. 13 years is a long time to wait for a cue. It's nothing short of a miracle that the SW shop keeps humming along with high craft standards.
A totally different question is: If any particular cue or cue brand and pricing makes sense to the individual. That is a very personal matter. There are many cues and brands even at lower price points that I feel are not worth my money or time. There are a few higher end makers that I simply cannot understand how they get the prices they reportedly get from the shop. IMO, their cues have about 50% stupidity tax on them.
Thanks for the explanation.
The way Dealers look at the question is quite different from Buyers imo. The argument "you would not get hit much financially trying to get out of SW" is not generally true.
I have friends who bought SW's for a fortune, keeping them in shape, years later they tried to sell even for break even price, no luck, some dealers contacted with low offers. well, there are those who are savvy, those who aren't so.
There are demand for SW's that meet certain "dealer's criteria", other SW's are not sought after at all.
I understand this fact narrows down the "acceptable supply".
I heard that SW market has been worked in a very smart way.
Don't get me wrong, I am not against anything here, just trying to learn new things. I myself admire SW work, I hope to get one but will stay close to my detailed requirements, I am on the list for a SW also.
Your "50% stupidity tax" is exactly what I believe is the best way to describe cues. and we can reduce that amount more the more we learn about cues.