Calculate that price out over the next several decades you'll be using that vise, maybe add on another hundred years your children and grandchildren will be using it and I think you'll see what an excellent value these old vises are when compared to import stuff you buy today which are basically disposable... and also hope they don't cost you any medical bills from injury.
Reeds are simply awesome, at or near the top of any quality vise list. Vises are a long term investment, really long term. The joy of quality far outlasts the joy of saving money.