Invest in Tobacco?

[jpmcwjr]

Ok - so picture this scenario - I buy 5 grand in tins of fine tobacco that i have observed selling for >2x original cost with >2 years age on them on this site. Then I wait a few years and list them for 2x. They sell I double my $ (tax free btw) and I smile. They don't sell and I have a cellar full of aged fine tobacco and I still have a smile on my face - where's the risk? sorry couldn't resist

You'd be living a hard life, then!

It is not an investment in the traditional sense of an investment. It's like "investing" in a car. No return; different use of the word.

 

[Sweet Home Alabama]

On every hobbie forum someone is always trying to make a profit.

I bought and sold some vintage Harley Davidson motorcycles in the 1990's and got my expenditures back and considered my HD time a wash. That is the best case result, IMHO.

 

[cigrmaster]

I bought all of my tobacco to smoke . If I don't out last my stash my kids know where to unload it.
I have 2012 bags of Stonehaven and have been smoking nothing but my 2007 batch Back in 2007 a guy offered me three pounds for 83.00 a pound. I am sure back then he thought he robbed me, I think knot. I can smoke the first 2 pounds and then sell the third for a fortune, which I wouldn't do as I love smoking the stuff.

 

[craig61a]

View attachment 133371

Has the water been drained out of it...?

 

[craig61a]

If you like "investing" in volatile and wildly speculative things, then buy Bitcoin and Etheruem...

Aside from a few blends that have trended upwards in the past several years, price and demand for many fluctuate wildly. A few glowing board posts about some tobaccos drive up demand for a short period of time, and then people go mental when a few vendors go out of stock of the 15-20 pounds that have been on the shelves for several months. After a few months, everything gets back to normal.

 

[anotherbob]

if you want to make money on tobacco selling it or blending it the traditional normal way is probably your best bet. Find out what you need to do a small operation maybe make small batches that appeal to specific holes in the market. Charge a little more then everyone else but make sure it's justified. That would be an investment that could work.

 

[anotherbob]

If you like "investing" in volatile and wildly speculative things, then buy Bitcoin and Etheruem...

Aside from a few blends that have trended upwards in the past several years, price and demand for many fluctuate wildly. A few glowing board posts about some tobaccos drive up demand for a short period of time, and then people go mental when a few vendors go out of stock of the 15-20 pounds that have been on the shelves for several months. After a few months, everything gets back to normal.

and people are chasing the big catches right now. I think it will go away once we start do some cigar type blends. I really think that's the next thing that is going to happen. More exotic and expensive to grow tobaccos go into blends that are 20 30 or more for a tin. Or same price as other tins but 1 oz or less. I predict that's the next step. Once that happens the vintage market will still be a thing but not as much. I think that's why there is a vintage market because there aren't regular on the market high end blends to waste more money on.

 

[Worknman]

On a large scale, no its too risky. But on a smaller scale I say yes, it could qualify as an investment simply because pipe tobacco holds its value extremely well and then some, depending on the blend. Just make sure you get blends that are popular of course.

 

[jpmcwjr]

Making a little cash- or even several thousand through careful (and with some luck) pick of blends that will appreciate a lot does not make it an investment. It's more in the realm of commodity speculation, but there's no ready market to unload the stock you have should the need arise.

 

[boston]

Never purchased tobacco to sell but I'll tell you...when I sell tins via Steve Fallon they fetch alot. Some 10x or 20x what I spent on them. And they sell in the blink of an eye. Not all blends, not even most. But, some stuff that was around 20 to 30 years ago...ain't around anymore.

I rarely see blends I'd buy now to cellar and sell someday. But...there are a handful of small house blenders remaining, and if some close, some of their tobacco may well sell at impressive rates a few years later.

Speculate. Have some fun. Don't plan to retire on it.

 

[jpmcwjr]

Can you please give an example by name and approximate date what increased 10 and 20 fold? That'd be inspiring!

 

[boston]

Can you please give an example by name and approximate date what increased 10 and 20 fold? That'd be inspiring!

Sure. Got Krumble Kake years back for $10 or so a tin. It sells for $225 to $250 now. Used to buy Dunhill from the shop in London. Those tins fetch 10x now. Kingfisher. Pelican. Many McClelland blends. The tins of escudo when they were small round tins. The blends from GLP that had Syrian. I could probably go on but.. there's a fair amount.

 

[North of the Border Piper]

Didn’t Russia just go to gold standard? That means that Rubles are backed by gold, unlike almost all other fiat currencies.

 

[Eye-level]

I "invest" in tobacco, and pipes for that matter, solely for personal satisfaction. I'm not the dealer type.

 

[ben88]

Didn’t Russia just go to gold standard? That means that Rubles are backed by gold, unlike almost all other fiat currencies.

Unless when it's time to sell your Rubles you won't be told to take a flying f..k

 

[blackpowderpiper]

I invest in tobacco for the simple reason that I enjoy smoking it and hope that I can stockpile enough to last me for a few years. I firmly believe that tobacco will never be cheaper nor readily available than it is right now. When the day comes that tobacco is either not available, or very hard to obtain or becomes so expensive as to make it cost prohibitive to obtain, I hope I have enough to last me awhile. Also, if we experience a societal collapse, tobacco will make an excellent barter item.

I fully realize that I may die tomorrow and not be able to smoke it all. And, I have never purchased tobacco with the intent to resale it later for a profit. I have been smoking a pipe and purchasing pipe tobacco for over 30 years. In that time, I have acquired a few tins from various manufacturers that seem to have become desirable and have greatly appreciated in value. Again, all of these blends were purchased with the thought that I would one day smoke them. However, over time I have realized that I do not enjoy some of these blends and some are getting close to 20 years old. At some point, I may decide to sell some off and make a few bucks to fund some other pipe purchases. But as far as purchasing tobacco today with the thought of trying to sell it later for a profit, I believe I would fail miserably.

 

[jpmcwjr]

Yes, a few bucks can be made, but under an even slightly strict meaning of "invest", pipes and tobacco are not an investment.

 

[blackpowderpiper]

You have a worthy goal so I have no doubt that your investment will be successful.

Flopoz,
The part where you quoted my post and added verbiage regarding cryptocurrency, please remove this! I never mentioned anything in my previous posts about cryptocurrency. I don't use it and don't plan to. The unauthorized text you added is copied below.

"Today, cryptocurrency is extremely popular. And I am aware that lots of people use it. I'm delighted I came on the (link removed) since it let me to understand even more about blockchain technology and cryptocurrencies. I believe that even a novice may readily understand this subject."

 

[OSOBUCO]

Flopoz,
The part where you quoted my post and added verbiage regarding cryptocurrency, please remove this! I never mentioned anything in my previous posts about cryptocurrency. I don't use it and don't plan to. The unauthorized text you added is copied below.

"Today, cryptocurrency is extremely popular. And I am aware that lots of people use it. I'm delighted I came on the icoholder.com/en/nft since it let me to understand even more about blockchain technology and cryptocurrencies. I believe that even a novice may readily understand this subject."

Could this be a phishing attempt? I wouldn’t click that link. Mods? @jpmcwjr

 

[blackpowderpiper]

Could this be a phishing attempt? I wouldn’t click that link. Mods? @jpmcwjr

Agreed! Do not click on that link. I have already contacted the moderator regarding this.