Just will add none of the increase is duty or taxes. SA Habanos is and had only been at 50% of their production level since cOviD hit, with a Chinese company buying the 49% stake it was decided that Cuban cigars are a luxury goods item and based their new prices on the Hong Kong luxury goods market. Asia has billions of people and they have a lot of disposable income and Cuban cigars are a status symbol to them, and have been for years.
For normal people like me this means i move to pipes and slow smoke my Cubans, to a lot of people i know it makes very little difference as they have massive amounts of cigars both fresh and vintage that they will never be able to smoke in 3 lifetimes, to them their collections just double and tripled in value.
the fact i bought a bunch of boxes of Monte 5s for $107 a box and before they even shipped to me they were going for $252 (same boxes), i just had good timing and didn’t want to play “wait and see”.
A box of CoRos that was $350 5 years ago in now anywhere from $1100 to $1300+ just means I’ll never be able to buy another box of them, life goes on but it was a shock how fast this all happened
For normal people like me this means i move to pipes and slow smoke my Cubans, to a lot of people i know it makes very little difference as they have massive amounts of cigars both fresh and vintage that they will never be able to smoke in 3 lifetimes, to them their collections just double and tripled in value.
the fact i bought a bunch of boxes of Monte 5s for $107 a box and before they even shipped to me they were going for $252 (same boxes), i just had good timing and didn’t want to play “wait and see”.
A box of CoRos that was $350 5 years ago in now anywhere from $1100 to $1300+ just means I’ll never be able to buy another box of them, life goes on but it was a shock how fast this all happened