Agreed that status can't be sold to someone else so in that sense it has no value.
If you are healthy, but can't sell your vigor to another does that make it valueless.
If you have vested corporate stock options, but they are not transferable does that make them valueless? Depends on the stock lately I guess.
On the other hand just because I can give you the shirt off my back, does that give it value if I just spent 12 hrs on a flight with poor ventilation and I have a prespiration issue?