I bought this for a price around 250. So, I wouldn't really expect to wear it in a very high class place (more in home and just generally) Also, the quality would guarantee maybe a year of usage. Basically, don't pay anything more than 300.
Good for everyday use. Don't expect to wear it on special occasions. Tshirt lost a very little colour in patches just after few washes. But it's comfortable for everyday use, also if you can buy it under 300 :)