Whether you have wasted your $300 really depends on whether you (or the person who is going to use the pen) like BPs. Opinion is subjective, so whereas I would never spend that much on a ballpoint any more than I would spend $300 on a screwdriver, I am aware that many people would. Good for them.
In my view, ballpoints are just tools, while fountain pens are 'objets d'art'. For some people, it may be the opposite.
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