I guess 7000 pounds would be about $10,000.
I make my planes as one off commissions or in very small batches; they are not made on a production line. Every part of each plane is made by me - I do not buy or subcontract any components, the only process not done in my workshop is the thermal treatment of blades.
I use machine tools in my workshop in order to achieve the precision and finish which I demand and have become known for. These tools, whilst allowing me to build to a standard other makers can only dream of, certainly do not ‘automate’ the task of making a plane and I would consider a Holtey plane to be as hand made an item as the work of the finest gunsmiths and jewelers.
Each component in my planes requires many processes to complete and this adds up to many hundreds for the finished tool. A plane may take in excess of two hundred hours of labour to complete and this time is reflected in the prices I ask. Although I no longer publish a price list, prices for the low angle planes start at around £2500 pounds and rise to around £7000 or more for the large panel planes.