Are RE LE purchases as investments set to fail?

[BrightonCorgi]

I like RE and EL cigars.  If they are worth more in the future, all the better.  I know they are not going down in value.  The 10 count boxes make the entrance fee more accessible.

[99call]

42 minutes ago, BrightonCorgi said:

I like RE and EL cigars.  If they are worth more in the future, all the better.  I know they are not going down in value.  The 10 count boxes make the entrance fee more accessible.

Definitely not trying to denigrate the quality of RE LE cigars, Just theorising that they may come back on the market in a flood over the next few years, and that when weighed up against 2017 harvest general catalogue stock and 1990-early 2000 stock,  that the RE LE stock may just seem a little lost or disjointed to the value that some investors may have hoped they would command. 

 

[Romka]

16 hours ago, earthson said:

Love Canal - Phase 1/2 Site assessments

@earthson

I did not know Love Canal. After googling a bit I learnt the story. Btw, Love Canal, Hooker Electrochemical Company etc. what an interesting series of names! 

[BrightonCorgi]

If the boxes are limited series run; that's it when they are gone, no?  I should say I would only buy cigars in vitolas I like first over whether they are limited or not.

[99call]

5 minutes ago, BrightonCorgi said:

If the boxes are limited series run; that's it when they are gone, no?  

When I say "back on the market", I mean I think there is going to be a tsunami of RE LE boxes coming up for sale second hand, over the next few years.  Generally when multiple boxes of the same thing get put up for sale the price starts to fall etc etc.

[Bartolomeo]

I think it comes down to people's situation and the cigars themselves. Cuban cigars will never be sold at a lost unless the buyer was an idiot and severely overpaid.

Look at certain RE boxes that are considered "really good" by enthusiasts such as Conde 109, PL Mags, LGC Gloriosos, RA Gladiator, etc....those boxes rarely surface and when they do they command exorbitant pricing, I don't see these ever flooding the market in the future.

While on the flip side there are tons of RE and LE that are still available because people don't care for them, volumes produced and pricing. 

For the most part, Cohiba LE's is an exception to this rule as these will sell for 3-5x original price in a short time period, look at 1966 and Supreme Robustos pricing now...and how the Talisman will continue this streak.

How about regular production? I think a good cigar is a good cigar no matter the brand or year. Some regular production smokes will increase in value year over year more than others, some examples are:

98 Punch Monarcas, 2013 Cohiba, 2011 Serie E, 05 ERDM, lots of 2013 stock, etc. ....all of these examples command extremely high prices and rarely seen publicly for sale

Lots of regular production cardboard packs available today from 99-01, available because they are crap IMHO 

So in summary I think it comes down to the cigars themselves rather if they are RE, LE or regular production when it comes down to investments.

Just my two cents from someone that regularly smokes, ages his own cigars and occasionally sells cigars.

Bart