MrPerfecto
Well-Known Member
During times of economic disaster, war, or societal upheaval, certain ânon-essentialâ goods actually retain or even increase in value, especially items tied to:
Luxury or morale (like cigars, whiskey, chocolate)
Barter potential
Limited production or import (especially imported tobacco products)
Cultural or symbolic value
Why Cigars Hold Value in Crisis:
Luxury Escape in Hard Times
Cigars are often seen as small luxuries. In historyâfrom the Great Depression to WWIIâpeople still paid a premium for simple indulgences. A fine cigar offers psychological comfort, something people cling to when the world feels unstable.
Barter and Black Market Use
High-end cigars (Cohibas, Davidoffs, PadrĂłns, etc.) can be valuable barter items. In economies where cash devalues or is restricted, luxury goods often become unofficial currencies.
Import Disruptions
During disasters or sanctions, supply chains for premium tobacco (e.g., Cuban, Nicaraguan, Dominican) can be disrupted, driving up prices dramatically. Collectors and smokers often stockpile in advance of known disruptions.
Collector and Investment Markets
Much like fine wine, vintage and rare cigars appreciate in valueâespecially in uncertain markets where investors look to tangible assets instead of volatile currencies or equities.
Small, Storable, and Long Shelf Life
Cigars age well and are easy to store, making them a great âluxury hedgeâ investment. Unlike perishable luxuries, they become more desirable over time if stored correctly.
Real World Example:
In Venezuela and Argentina during periods of hyperinflation, imported cigars became a status item and barter good, often exchanged between elites when cash was worthless.
Bottom line:
Cigars arenât just smokeâtheyâre a resilient asset class, morale booster, and bartering tool during economic collapse. "Hey honey it's time to add to our cigar portfolio"
Luxury or morale (like cigars, whiskey, chocolate)
Barter potential
Limited production or import (especially imported tobacco products)
Cultural or symbolic value
Why Cigars Hold Value in Crisis:
Luxury Escape in Hard Times
Cigars are often seen as small luxuries. In historyâfrom the Great Depression to WWIIâpeople still paid a premium for simple indulgences. A fine cigar offers psychological comfort, something people cling to when the world feels unstable.
Barter and Black Market Use
High-end cigars (Cohibas, Davidoffs, PadrĂłns, etc.) can be valuable barter items. In economies where cash devalues or is restricted, luxury goods often become unofficial currencies.
Import Disruptions
During disasters or sanctions, supply chains for premium tobacco (e.g., Cuban, Nicaraguan, Dominican) can be disrupted, driving up prices dramatically. Collectors and smokers often stockpile in advance of known disruptions.
Collector and Investment Markets
Much like fine wine, vintage and rare cigars appreciate in valueâespecially in uncertain markets where investors look to tangible assets instead of volatile currencies or equities.
Small, Storable, and Long Shelf Life
Cigars age well and are easy to store, making them a great âluxury hedgeâ investment. Unlike perishable luxuries, they become more desirable over time if stored correctly.
Real World Example:
In Venezuela and Argentina during periods of hyperinflation, imported cigars became a status item and barter good, often exchanged between elites when cash was worthless.
Bottom line:
Cigars arenât just smokeâtheyâre a resilient asset class, morale booster, and bartering tool during economic collapse. "Hey honey it's time to add to our cigar portfolio"
Im rich!
