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In many cases, price can be a pretty good differentiator of quality. In other words, don't expect to buy top quality when you spend $50 on the Daniel Cremieux special at Dillards. There are exceptions of course, as very good quality ties can be had from time to time at places like Neiman Marcus Last Call or Filene's Basement.
Sorry but that is just utter nonsense! Some of the best quality ties available in Europe cost no more that $30. And I've bought what have turned out to be pieces of crap for $60.
Price in my experience is not an indicator of any sort whatsoever.

RGR, go by look and feel alone. Nothing else, not even brand name.
 
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