Important distinction. Perhaps semi-custom is a better category. Handcrafted knife that may not be one of a kind. Looking at the blade forums, folks that have purchased this quality of knife describe their rationale as appreciating the craftsmanship, superior fit and finish, ability to pick or help design the knife, durability and ability to maintain an edge.

Similar words used by those that have bought custom/semi-custom 1911s, bolt guns.,.etc.