I guess I am more frugal....that, and if I spent that much on a coat, there is no way in hell I would get it wet!
I was wearing a $110 London Fog trenchcoat into the Burberry store, bought theirs, and we mailed the LF coat back to my home in NJ, so I saved 8 3/4% city sales tax. I was nervous about wearing it around the city, and put down a towel from my briefcase on the Amtrak and Conrail train seats to sit on, so I wouldn't get the coat dirty. I still have it.
Would you wear a $6,000 Rolex GMT Master 1675 watch, on an everyday basis? I only paid $660 for it in 1978, at the Rolex Bldg, in NYC, but don't even think about it now.