These seem a bit pricey $$$

+1, bigkidz.
BTW.....Credo uses HDF not MDF. Steve G. nails the most important virtues of the Credo speakers which is how it sounds and voice your favorite musicians.

Even a idiot like Kenjit can put together a speaker from off the shelf parts....but to ‘sound’ it heavenly and marketing it to audiophiles across the world is whole different ball game.

Just wondering why OP decided to pick on this brand/speaker? There are so many examples of over-priced products regardless of where they made in HiFi.

Is their a set criteria to determine a product is over-priced? A company puts a higher price on a product and expects customers to think it’s somehow better than the other ones on the market. And at the same time low cost mean low quality but it also means good value for the customers.

We pay premium prices all day on items like,

1. Greeting Cards. Average Markup: 200% ...
2. Coffee. Average Markup: 80-300% ...
3. Bottled Water. Average Markup: 4,000% ...
4. Printer Ink. Average Markup: varies. ...
5. Movie Theater Concessions. Average Markup: up to 900% ...
6. Diamonds. Average Markup: 18-100% ...
7. Razor Blades.....remember the days Gillette commanded the premium price for their blades.

I always take in account the premium price on products that are hand built and produced in limited numbers. I do not know about anyone else, but to me there is a elevated sense of ownership pride with items that are hand built vs mass produced items built by robots.