You were right the first time, if you have a nice piece of wood a simple tasteful tip is not only sufficient, but preferable. One of my custom rifle pet peeves is the over abundance of stuff put on them apparently to impress other gun makers or the great unwashed. Many people over-do, when less looks and lasts better. I just rounded mine off!
You see the same thing in cars: it is almost impossible to find a restored 1950's car without wide white walls, fender skirts and fuzzy dice. As someone who was alive then...