I myself remember exactly how much I paid for a certain item that was a significant purchase, a quality product that perhaps I had saved up for or made payments on.
Now the numbers in this post won't necessarily apply to those outside North America, but the general idea is this:
As an example I often use, I will point to my fully serviced, Swiss movement Bulova 'Director' watch from 1940. The price of this watch new was $49.95, a not insignificant sum in those days, and I can make a comparison to a modern, Swiss movement watch.
The modern watch will most likely be an automatic Swiss watch, as opposed to the manual wind Director, and will have all the improvements of the last 75 years since the said watch. Higher beat frequency, better quality overall in materials and tolerances. These will usually retail for around $500, (or more) and this is what will sometimes kick off the discussion in the first place. The customer will remember when such watches were considerably less.
However, taking into account inflation, $49.95 in today's dollars is well over $800. In actual fact, you can get a lot more bang for your buck nowadays.
So that Hamilton Jazzmaster Automatic at less than $500, is actually an excellent quality watch at a reasonable price.
Properly cared for, a quality watch can last several generations, and we often see watches that are 200 years old here, and sometimes much older. At the time, of course, only the very rich could afford these timepieces, and even Samuel Pepys considered his new pocket watch a mere plaything in the mid 17th century, but I digress.
In a world where one can buy a quartz wristwatch for under $20 and have it last the better part of 6 months to a year, paying over $100 for a watch means you are getting serious about your purchase.
Definitely allow getting serious to be part of your purchase experience!