Good investments

[Cam]

Just wondering which cigars will be good investment for age and sell jobs, talking about a big investment, something I can put in my cave, or cellar and leave there for 10-15 years?

[brian1]

Good question. Even though many people on the boards frown on this topic I like the potential investment aspect of the hobby also.

I think you can go wrong with the premium cigars. I mean just try finding even 3/4 year old Monte#2's or RASS or most Cohiba's. I think any Cohiba is a good investment per se because even non-cigar people know this is "the cigar to have" and that alone will mean it will always be in demand and old ones even more so.

It will be interesting to see though how the EL's and the Regional release fair from a price appreciation perspective, because these are for the most part just sought after by collectors in general and the market for them in a few years may not be deep...there seems to be as many people that dislike these EL's and RE's than those that like them. It is fun to speculate how things will play out. Clearly the Partagas Piramide 2000 EL will most lilely continue to increase in value as it is already highly sought after as it is arguably the one EL standout cigar to date and also being one of the original EL's may have some historical significane also.

» Just wondering which cigars will be good investment for age and sell jobs,

» talking about a big investment, something I can put in my cave, or cellar

» and leave there for 10-15 years?

[servebig]

A good topic. I am of the mind that the best investments are those where the demand exceeds the supply. Along those lines it makes sense that something that you can get today that won't be around tommorow will appreciate in valuie. This is why I try and collect cigars that I like that are on the discontinued list. I bought 10 cabs of Punch SS #2s about a year ago, and I think that's a perfect example. These were discontinued in '02 (I think thats right), yet they stayed in the pipeline for a long time...now that they are gone, everyone wants them. Human nature I guess....

Right now I'm giving alot of thought to buying a bunch of boxes of Rafael Gonzales Lonsdales. I absolutely love this cigar, and I know alot of others that do also. Granted Habanos may decide, in their infinite wisdom, to bring alot of these marcas back, but just think abot recent examples such as Ramon Allones coronas, and Por Larranaga lonsdales. Had you loaded up on these 5 years ago, you could have easily tripled your investment.

Thing is, even though I go about this as an investment idea, invariably I end up smoking most of them :-D

[Finless]

I think about this often. This whole "You're not a BOTL if you think like that" is crap. I am as much a cigar lover as I am a capitalist. Ten or twenty years down the road a box of cigars may be worth much more to someone else than it is to myself. On the contrary people get on people who sell cigars over MSRP. I see no problem with this either. Some boxes of cigars are worth more than MSRP to me. They'll take the MSRP price not figure taxes or age into the equation and say "If you're paying any thing more than $7.75 per cigar you're getting gouged". This attitude bothers to me to no end. In my opinion, with many cigars, it's a sellers market. I am a BUYER not a seller and I have no problem with this. All the whining about it drives me crazy. If you don't want to buy....STFU.

I think buying cigars for the future can be tricky. Past experience shows that some cigars down the road turn into gems that weren't necessarily supposed to. There is always name recognition and many people willing to pay a premium for vintage cigars aren't necessarily going to smoke them. Then there's the cigars that get discontinued. Also brands going out of business. If you can watch the steady decline of certain brands buying them up for the future seems like a relatively smart investment. Whether you decide to smoke them or not I can't see it as a loss.

[Colt45]

Provenance.

[brian1]

I was in london recently and I had a great conversation with Mr. Sahakian owner of Davidoff on St. James Street. He told me that when Dunhill cigars were readily available they just sat on the shelf....nobody cared for them..because they did not taste good at the time..can you imagine...its only much later that their flavor opened up and they became what they are today.

[El Presidente]

Good cigars at good prices from 1998-2001. You already have 6-8 years of age on them. Only another 8 -48 months and they hit the magical "10 year" mark when buyers generally go nuts. I have a friend who sells 10 year old R&J Churchills for $1000 USD a box....cash to US cigar lovers in the music business. He ages his own stock. 2 boxes R&J Churchill a week purchase, has been doing it for 20 years. His averags cost would be $475 USD per box including local takes. Average age of stock sold is 8-10 years.

[Cam]

thanks rob that was the confirmation I was looking for, Look out for some small orders coming through.

[josie67]

» A good topic. I am of the mind that the best investments are those where

» the demand exceeds the supply. Along those lines it makes sense that

» something that you can get today that won't be around tommorow will

» appreciate in valuie. This is why I try and collect cigars that I like

» that are on the discontinued list. I bought 10 cabs of Punch SS #2s about

» a year ago, and I think that's a perfect example. These were discontinued

» in '02 (I think thats right), yet they stayed in the pipeline for a long

» time...now that they are gone, everyone wants them. Human nature I

» guess....

»

» Right now I'm giving alot of thought to buying a bunch of boxes of Rafael

» Gonzales Lonsdales. I absolutely love this cigar, and I know alot of

» others that do also. Granted Habanos may decide, in their infinite

» wisdom, to bring alot of these marcas back, but just think abot recent

» examples such as Ramon Allones coronas, and Por Larranaga lonsdales. Had

» you loaded up on these 5 years ago, you could have easily tripled your

» investment.

»

» Thing is, even though I go about this as an investment idea, invariably I

» end up smoking most of them :-D

but since you gave me a cab, you only have nine left at the most, Big B :-P

[greenpimp]

Cigars are for smoking and sharing. If you want to invest in them I would open a shop. An individual reselling will have many hurdles to retain the desired value, from provenance to proving proper storage conditions, etc. They are a rather fragile "investment."

All my opinion, of course.

[Cam]

Thanks for your comments guys, of course I smoke them, I want also to have some special stock put aside for the future, making resale a viable option.

[wdh]

» Good cigars at good prices from 1998-2001. You already have 6-8 years of

» age on them. Only another 8 -48 months and they hit the magical "10 year"

» mark when buyers generally go nuts. I have a friend who sells 10 year old

» R&J Churchills for $1000 USD a box....cash to US cigar lovers in the music

» business. He ages his own stock. 2 boxes R&J Churchill a week purchase, has

» been doing it for 20 years. His averags cost would be $475 USD per box

» including local takes. Average age of stock sold is 8-10 years.

this is interesting....so I did a little ciphering and found that $475 invested at the end of Y2K with $1k returned in 2009 would yield about 9%, a bit on the low end of what I would expect from my money......but then LOL, think about the IRR for investing $475 at the end of 2000 and burning it over the next 9 years :-D