I probably would get a buzz from owning, say, Dee Dee Ramone's bass.
But it would be for the connection not anything to do with instrument quality. And I wouldn't be willing to pay the required cash for it.
But if someone offered me a choice of two gifts - A Dee Dee Ramone bass, or to choose a high-end bass with equivalent-cash-value. That's because I don't care much about high level gear, but am a big Dee Dee fan