A brand new sword, with basic fittings, made by a newer Smith, will run you something around $5000, give or take. An established Smith....You're looking at that $5K on up into the 6 figures. There are thousands of old swords out there, some well made, some poorly made, quality has value. A 400 year old sword poorly made, by a nobody smith could easily be well under $1000. It's like art, the old Masters will cost you truck loads of cash, but there are thousands of paintings from the same time periods, from the same cities, you could pick up for a few hundred dollars. When I finally get around to ordering my sword, I will expect to pay $5-7K, and wait two years for it. I will use it for iaido once or twice a year and then put it away. Swords are meant to be used. I don't keep plastic on my furniture.