Your math is off. First, the list price -- which is what you always pay - for Alden's catalogue cordovan models is between $625-$645, Your price of $825 for Carmina cordovan models is consistent with my experience. The difference between $645 and $825 is $180, which is about 27-28% price difference. An almost 30% price difference is a significant premium. Now, you can contend that the premium buys you significantly more quality -- and that appears to be your contention. I cannot imagine there is a manufacturer or retailer in the world that would say a nearly 30% price difference is the same price point. And perhaps many that can afford $645 for a pair of shoes can pay more than $175 more. Maybe not. I suspect your assumption is very optimistic and I suspect many retailers would say that assumption does not comport with their experience.