Cigars collecting or as an investment.

[Burnt Tongue]

I know some people collect cigars, and have read that some people actually buy cigars as an investment. I was wondering if any of you guys do either.

I could not have super quality collectable cigars in my humidor without smoking them. Can cigars go up in value? I was just wondering.

 

[KeyserSoze]

I've read somewhere that for each year aged, the value goes up like 5 or 10%. But I'm sure demand and rarity would effect that as well. I can't see myself collecting cigars and not smoking them unless its for aging purposes. But even then, they usually don't last too long

 

[tigger]

Some cigars - largely Havanas - can certainly appreciate in value over time.

Davidoff Dom Perignons sell for thousands per box at auction. They have the edge of no longer being in production.

Aged boxes from more common lines can still sell for quite a bit more than they went for when they were young.

I don't know whether the return on them is comparable to what you might make in the real estate or stock markets, or whether those returns would exceed inflation, but money can be made.

Me? I buy cigars to smoke 'em. Sometimes to give as gifts or as trade bait for other cigars I'd like to smoke.

 

[Rob_k]

i wouldn't bet my retirment on rare cigar sales...more of a hobby to me.

 

[Dice]

I've read where aged ISOM's can and do command a decent buck as long as they have at least 5 years on them and are of a Popular brand. IE: Monte 2,Partagas Lusi's and various Cohiba for example. Personally, I buy em to smoke! Only way I can age a cigar is if it's the last 2 of a box and I know I can order more in a relatively short time. Then those 2 get aged real well!

 

[Tapewormboy]

I suppose you could buy cigars as an financial investment, but why bother?

It's so damn fun just buying them to age and/or smoke.

One of the main reasons I don't tend to "hold back" on my purchases is because I know that cigars are pretty liquid; you can almost always sell/trade them later on and get MSRP out of them. Unless, of course, the sticks are complete rockets that weren't worth MSRP to begin with. And if you have the means to do so, cigars that are good fresh mostly get better with age.

If I had to make an investment purely for getting a return long term, I'd get Cubans since it's well known that Cuban cigars gain value with time. When the embargo finally ends (which it will eventually), it'll be interesting to see how aged non-Cubans fare in terms of market value. In particular how aged HTF NCs (like Opus or Padron) are priced versus fresh/aged Cubans.

 

[Burnt Tongue]

Hey TWB your a good dancer!

 

[moki]

There are many much easier ways to make money than speculating in the cigar market.

 

[Infinity]

There are many much easier ways to make money than speculating in the cigar market.

Having said that... do you want to part with those un-released $1000 a stick stash? ??? :laugh:

Brian

 

[bubbaco]

I look at them as an investment in my relaxation. It might be fun to try to get a return on them, if you're otherwise financially secure.