La Gloria Cubana Medaille D'Or No. 2

[MPS]

A steal!!!

What are they worth?


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[MPS]

Whatever the buyer is willing to pay.

I figured you had a problem with the price with your "only" comment. Interesting.


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[Lotusguy]

When MUR 13 boxes go for $450, I don't think $600 for 2002s is way out of line. Not that I'm a buyer at that price but if it was a PCC Vintage release, for example, I'm sure it would hit 4 figures.

[topdiesel]

9 minutes ago, Hutch said:

I wouldn't even consider paying $450 for a box of 3 year old lonsdales, so $700 for '02s is still silly to me. And PCC inflating the price by more than FOUR TIMES the original cost, just because they stored them, is just plain hogwash...IMO. A bunch of wealth collectors in Hong Kong don't influence my determination of value.

It is not so much the storage that quadruples the price it is the awesome packaging and extra band.

[Lotusguy]

I wouldn't even consider paying $450 for a box of 3 year old lonsdales, so $700 for '02s is still silly to me. And PCC inflating the price by more than FOUR TIMES the original cost, just because they stored them, is just plain hogwash...IMO. A bunch of wealth collectors in Hong Kong don't influence my determination of value.

Not saying I'm buying it, but look at how quickly the PCC vintage and locker resales sell out here at similar or higher prices...

I'm quite happy aging cigars myself

[Fugu]

1 hour ago, Hutch said:

I wouldn't even consider paying $450 for a box of 3 year old lonsdales, so $700 for '02s is still silly to me. And PCC inflating the price by more than FOUR TIMES the original cost, just because they stored them, is just plain hogwash...IMO. A bunch of wealth collectors in Hong Kong don't influence my determination of value.

Always fun to see statements of that kind. Given you'd want them, those wealthy buyers WILL indeed be players in that game determining the value for you. That's the market. And if not, as you correctly recognize, you are simply not partaking in that market. Unless you make an alternative offer, you are then only influencing the price by not adding to the demand. Which might eventually also help in correcting prices (but more liklely will not - at the current market situation....).

[NSXCIGAR]

2 hours ago, Hutch said:

Adding to demand results in an INCREASE in price. 

Right--he's saying that someone refraining from making an offer (no demand) acts to decrease price in a marginal way. Or even making an offer lower than the highest offer does the same.

If PCC's prices for their aged stock are too high, they won't sell. Also, prices for aged stock vary between cigars. Aged Cohibas always command top dollar, for example. Always have, always will. Cohiba, for example, will outperform Bolivar in terms of appreciation barring some odd information. A box of Cohiba Robustos or Lanceros often doubles in value within 3-5 years while a box of BBF might only gain 50% in value in 3-5 years, particularly with provenance like being stored at the distributor.

Personally, I'd never buy aged stock like that either. Even if I was willing to pay $700 for a box of 2010 Cohiba Robustos I'd be purchasing surplus now and storing them myself. But it just goes to show that there is strong demand for aged stock and there always will be. It may be dictated by the wealthy Hong Kong collectors, but that's all it takes. That's the nature of the aged and vintage markets. 

[Fugu]

4 hours ago, NSXCIGAR said:

Right--he's saying that someone refraining from making an offer (no demand) acts to decrease price in a marginal way. Or even making an offer lower than the highest offer does the same.

That's exactly what I meant. And not every private price call you see on the www will be satisfied in the end. Therefore, often more rewarding to make an alternative offer instead of bemoaning fantasy prices.

[Fugu]

38 minutes ago, Hutch said:

No bemoaning here. Much more of a point and giggle kind of thing...some times mouth hanging open amazement I have even purchased aged stock myself, although I've been fortunate enough to have been able to buy more than I smoke, so have aged most of mine myself. But the aged stock I have purchased has NEVER been at four times the original price, and I'll smoke fresh stock before I'll pay DOUBLE for three year old stock. The latter being an example of the mouth hanging open thing  

Ok, I get that. Well, same thing here. But it's always easy to say for someone who had the chance to buy at time (and price) of release...

[BrightonCorgi]

On ‎11‎/‎29‎/‎2016 at 2:53 PM, rxavier1979 said:

I recently got a box of the LGC MDO4 from a 24:24 and absolutely love the flavors. I've heard great things about the No. 2 and loved the idea of the MDO in a thicker RG.

I thought only No. 4 is being made in limited amount.  MDO 1&2 are two of my favorite (top 5) cigars.

[NSXCIGAR]

I made it a point to ask if anyone's seen these or has these stashed away everywhere I went in Havana last week and the same answer--not seen since 14/15 and no one has any or knows where any are. These babies are ghosts. 

[BrightonCorgi]

I have a sealed box.  I love them, but hardly ever smoke them as I know how hard they are to find!