What makes an expensive speaker expensive

YOUR EGO.. when audiophiles are willing to shell out a hundred thousand dollars + for an audio speaker I remember the words " If you build it they will come" from a Costner movie and so true is the rational behind mega buck speakers that sound greaty, but arne t any better than one costing half the price. Audio gear is the same. There was a  website..            " Whats inside"  that showed the inside of audio components and I was amazed to see a $60,000. phone stage with one transformer and a circuit board with a few caps. The inside box was 70% empty.. The Buyers feed the market as to whats made. If no one buys a super priced speaker.. no one will make it. Companies will have their flagship speaker but dont look to sell tons of them at over $100k . I wish the stereo reviewers would do shoot outs. I challenge Wilson Audio Alexandra XLS at over $100k+ to go up against Legacy Audio V $50k and have a panel of judges determine which speaker sounds better. Its a matter of each individuals taste in sound but i bet dollars to donuts the sound is not 3 x's the price better. Subjective.. you bet.. A  rip off.. for those that can t afford it..lol. Thats why I thank God for Audiogon as it puts the costlier gear that I could never afford, at my reach years down the road when I could potentially buy it used at 60% off retail. Now does that $150 K speaker sound the same at $60k ?  It sounds better..lol.

Any actual experience, derrickengineer?

Not at the $150K level as an owner but have heard wilson and legacy at shows in the past years.. This is my second Audiogon profile as my original one was deleted due to snoopy x wife. Does that answer your question siddh?
Do you have any actual experience siddh?

Ive had 20 year old $2500 B&W 801's with new upgraded crossovers built by Solen sound better than a lot of $10k speakers that ive heard in dealers showrooms, Totem, Dynaudio, to name a few. My monet stayed in my pocket when I was shopping around for potential new speakers and to see whats out there.  Revel Ultima Salon were the only ones that sounded better at $20k  to my ears.

Ego?  yes, for some.  Most of my audio friends who can afford a speaker over 30k let's say, do it because they fall in love with the sound.  They can afford them without even noticing the debit in their accounts.  Audiophiles are of two groups usually.  One group collects gear.....some collect as much as they can and they keep sites like this going.  Others love their gear, but love the music more.  That's one of the few statements any of can make in audio that isn't really subjective.  Just ask any dealer who's been around for over 30 years and they'll say the same thing.

As for 'what's in the box', we have discussed that at length in this thread.  Too many avenues to discuss about that from scale of economy to R&D to cabinet build/finish to quality of the components in there to most importantly drivers and their implementation.  

Derrick, I do disagree with you about being able to listen at a show and then make any real subjective thoughts.  Show conditions usually stink at best.  The rooms alone are usually terrible, then you have so many in a room.  Any speaker will only sound it's best in the sweet spot and it's nearly impossible to sit in that sweet spot. I don't think many will argue with that, but many who love the shows still will say I'm wrong.  To each their own. 

Many of us have been fortunate to go listen at friends houses as well as top dealers, to many of the speakers in the market over 50k up to 250k.  The other major part of the equation is the system as a whole.  Some speakers must have specific amps to sound their best as well as cable etc...  I loved a Tidal system I listened to that probably cost north of 400k when it was all said and done.  Man did it sound awesome.  It really did, but it didn't sound better to me than a system I love that costs less than half of that.  Even half is still 200k.  For some they laugh at this thread or get upset that folks even question why they'd pay so much for audio.  Why do they own an Bugatti or other esoteric auto? Why does their house cost so much?  Why do they......its' because they can and because they can, it allows smaller companies to make a nice profit and filter down the tech to speakers in the lower price ranges that most of us play in.  I thank the manufacturers and the fellow audiophiles for helping us all out.  In the end, we are all winners.  How cool is that?