On the website right now the collection bags range from $700 to $2300. I was surprised to see quite a few bags over the $1200 mark.Perhaps some people are confusing MICHAEL Michael Kors bags with Michael Kors collection bags. The former are priced at around $200-$400, while the latter are $800-$1000 bags.
The Michael by Michael Kors line looks like it ranges from $260 to $600.
Of course here in canada you can add about $100 to each bag, even though our dollar is on par now. Coach has changed their pricing to be the same as the US. Wish Kors would.