curious....

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perfectoman
Posts: 186
Joined: Thu May 20, 2010 4:46 pm

curious....

Post by perfectoman »

What would the standard price amount per year to add to a box cc for just holding them?
example: box bought for 150$ and put to market say 4 yrs later..........?
Is there a standard? or just some think their storage facility is better than others?
TheGiver
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Re: curious....

Post by TheGiver »

5% per year?
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Brlesq
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Re: curious....

Post by Brlesq »

[quote author=TheGiver link=topic=44117.msg177862#msg177862 date=1517672518]
5% per year?
[/quote]

Agreed, and the first 2 years don't count (i.e, I'm not paying any more for regular production 2015/2016 box over a 2017.) But obviously some folks think its a lot more!
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tstoner86
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Re: curious....

Post by tstoner86 »

5% first 5 years then more.... 10% or so when 10+ years.


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JohnE1000
Posts: 143
Joined: Thu Feb 03, 2011 5:07 pm

Re: curious....

Post by JohnE1000 »

IMO, it depends on the type of cigar, provenance, availability, quality of vintage year, aging potential, and aging condition. It is very subjective and the market will ultimately dictate the value.
perfectoman
Posts: 186
Joined: Thu May 20, 2010 4:46 pm

Re: curious....

Post by perfectoman »

Thx...gives me a starting point to think about when shopping or selling.
Bartolomeo
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Joined: Mon Aug 31, 2009 8:04 pm

Re: curious....

Post by Bartolomeo »

[quote author=JohnE1000 link=topic=44117.msg177874#msg177874 date=1517711260]
IMO, it depends on the type of cigar, provenance, availability, quality of vintage year, aging potential, and aging condition. It is very subjective and the market will ultimately dictate the value.
[/quote]

This
da klugs
Posts: 13
Joined: Tue Jul 05, 2011 8:45 pm

Re: curious....

Post by da klugs »

[quote author=tstoner86 link=topic=44117.msg177870#msg177870 date=1517694426]
5% first 5 years then more.... 10% or so when 10+ years.


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[/quote]

Regular production - 5/6% but that is just a general rule of thumb. Some deserve and get more - CORO's for example.  Others may be much less.  Regionals and LE's are different in that they have a limited one year run. Some cigars, its nothing till they finally sell out; other cigars appreciate much more rapidly - for example ED Conde 109's.  For these it's all about the buzz (and the cigar).

reflex
Posts: 101
Joined: Wed Apr 04, 2007 1:42 pm

Re: curious....

Post by reflex »

Wow! From looking in TSBC it looks like as much as you can get.
Hutch
Posts: 423
Joined: Sat Jan 02, 2010 3:23 am

Re: curious....

Post by Hutch »

I’m gonna have to call bullshit on both the 5% rule, as well as the pervasive thought that prices on OLH are FMV, or even close to the value or worth of cigars posted here. Just because the occasional novice or uninformed buyer is suckered doesn’t mean that the prices he paid are the value of those cigars. Additionally, anybody who believes that all of the ridiculous prices posted get met is naive at best...whether the seller posts “done” or not. I know for a fact of at least two sellers who throw out silly prices, and even occasionally sell at those prices, but more often than not still have the cigars a month or two later when they rinse and repeat. Sold or not, the fact that someone posted those prices is absolutely no indication of the cigars value. I see quite a bit of “flipper inflation” perpetuated on OLH. It seems that some think that if a silly price is posted enough times that eventually someone will bite, thinking “that’s what they go for”.

I’m 100% for the free market, and totally behind a buyer being entitled to ask what he wants when selling his property, but when JoeFlipper posts a 7 year old box of cigars for 50% more than they can be had for from current production (and 60% more than they were purchased for), that doesn’t mean that the box is worth the asking price. And even if they do end up with a buyer, that’s still no indication that the exact same cigars can’t be purchased elsewhere at a more reasonable price. JMO though  ;)
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