Cigar Collecting is The New Status Symbol. Here’s Everything You Need To Know About it
investments4 Minutes Read

Cigar Collecting is The New Status Symbol. Here’s Everything You Need To Know About it

August 29, 2024

Are you a cigar enthusiast? This one is for you…

Picture yourself entering a luxurious cigar lounge, where the rich aroma of excellent tobacco fills the air, and relaxing in a leather armchair while sipping a drink of whiskey. Cigars have always been connected to sophistication, power, and luxury. Beyond their social appeal, cigars are also becoming a unique investment class in their own right, much like rare whiskeys, excellent wines, and antique watches. Investing in cigars is becoming more and more popular, regardless of whether you’re an enthusiast or just inquiring. But how can one go around in this world of smoke? Let’s pique your interest in that.

Image Courtesy of Rocky Patel

Why Think About Investing in Cigars?

Purchasing cigars is a method to keep onto something that may increase in value rather than merely puffing away in style. Investments in cigars depend on uniqueness, demand, and preservation just like any other collector item. The concept is straightforward: cigars gain value with age because fewer of them are in perfect shape. But it’s not just a buy-and-store kind of thing; you also need to know exactly what makes some cigars better than others and how to take care of them.

Important Things to Keep in Mind When Buying Cigars

There are certain important guidelines to follow before you invest in this opulent class. First and foremost, you will physically lose money if you light the cigar you plan to invest in. Additionally, fight the urge to open the box. Boxes that have not been opened and have their seals broken are significantly more precious than ones that have.

Another important consideration is proper storage. Because of their sensitivity to the environment, cigars can be severely ruined by incorrect storage, which also drastically reduces their worth. You will need a high-quality humidor to protect your investment. The ideal humidity levels are maintained in this particular box to guarantee your cigars stay in excellent shape. Although you can get a good humidor online for less than $100, serious collectors might want to spend more money on something more upscale.

The Value of Aging: Cigars as Good Wine

Cigars have an inherent tendency to appreciate over time, much like good wine or matured whiskey. However, this isn’t because the cigars get better with age. Rather, as more cigars are smoked, the remaining ones become harder to find, increasing demand and cost. This is a typical example of supply and demand. Thus, a few years from now, you may be sitting on a small fortune if you’re patient and store your cigars properly.

Modern Cigar: An Introduction to the Industry

Contemporary cigars can be an excellent place to start if you’re new to investing in cigars. These are less expensive to start with than rare or antique cigars and are frequently made by well-known brands. There’s always the chance that the value of these cigars will increase because new mixes and special editions are regularly launched. Consider it as a way to dabble in the market before going all in with more costly solutions.

Pre-Castro Cigars’ Allure

Pre-Castro cigars are the ultimate grail for the connoisseur. Made before the Cuban Revolution in 1959, these cigars are highly valued due to their historical significance and scarcity. Pre-Castro cigars are valuable because they are like owning a piece of history when you own a box of them. These cigars are valuable investments for anyone who can obtain them since collectors are willing to pay a premium for them.

Cuban cigar: The Pinnacle of Exquisiteness

Cuban cigars are the finest cigars available for luxury smokes. Globally, there is a devoted fan base for Cuban cigars due to their outstanding artistry and quality. Not only do these cigars taste great, but they are also very rare, particularly considering the trade prohibitions that have existed for a long time. The market for Cuban cigars is expanding as a result of recent modifications to these regulations, offering investors a thrilling opportunity.

The Ascent of New World Cigar

New World cigars are gaining popularity fast, despite Cuban cigars having historically controlled the market. Manufactured in nations such as Nicaragua, the Dominican Republic, and Honduras, these cigars are known for their distinct tastes that attract a fresh cohort of connoisseurs. New World cigars are becoming a more appealing option for investors who want to diversify their cigar holdings because of their rising popularity.

Nicaragua: The World’s Emerging Cigar Star

Nicaragua, renowned for its rich soil and the perfect environment for tobacco growth, has become a major player in the cigar industry. Honduran cigars are renowned for their excellence and artistry, and the nation has become a global leader in the cigar industry thanks to its dedication to innovation. Purchasing Nicaraguan cigars is an excellent way to take advantage of a developing market with substantial growth potential in addition to smoking a delicious cigar.

Image courtesy of Matthias Jordan

Cigar Brands to Add to Your Collection

Arturo Fuente

In the world of cigars, Arturo Fuente cigars are well-known for their affordability without compromising on quality. Due to their constant demand, these iconic Dominican pieces are a wise purchase for novice and experienced collectors alike.

Signature Series by Davidoff

Davidoff cigars are known for their quality and reliability. Any serious collection must include the Signature Series, which is a perfect representation of Davidoff’s dedication to excellence with its smooth Connecticut wrappers and Dominican tobaccos.

Cohiba

Even people who aren’t into cigars may have heard about Cohiba. This well-known brand is a fantastic addition to any collection and a perennial favorite among cigar enthusiasts due to its creamy mixes and real Cameroon wrappers.

Padrón

Established in 1964, Padrón is a well-known brand in the cigar industry. Every cigar is expertly made with tobacco that has been matured for a minimum of 2.5 years. Collectors highly prize Padrón cigars, which come in natural and Maduro wrappers and are a testament to quality.

Macanudo Coffee

The benchmark for mild cigars is a Macanudo Café cigar. Made by hand in the Dominican Republic, these cigars are among the most well-liked in the world and have set the standard for what a smooth, well-made cigar should be.

Final Puff: Should You Invest in Cigars?

Investing in cigars involves more than just enjoying the odd smoke; it also entails comprehending and appreciating the artistry, background, and market factors contributing to different cigars’ value. If you are patient, have a good sense of quality, and are passionate about the better things in life, investing in cigars might be the right fit for you. There are many opportunities in this opulent asset class, regardless of your preference for the attraction of Cuban cigars, the legacy of pre-Castro cigars, or the up-and-coming New World offers. Are you prepared to dive into this fascinating world of investing now?

Author: perihan
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