This week I posted on SN about Collectible Culture and how many different products have become quasi-collectibles under the fiat money standard. Here might be just another example of a market that is smoking hot since 2020…

Cigars 🔥

🔗 This analysis into the market of cigars & specifically the company Scandinavian Tobacco Group I found to be quite intriguing. A really detailed deep-dive. I wasn’t aware that most premium cigars still to this day were handmade.
Premium cigars are typically handmade, larger than most machine-made cigars, and significantly larger than cigarettes.
Following the end of WWI, the United States was ushered into the roaring 20s. With an economic boom and cultural revitalization, demand for cigars ballooned. Unsurprisingly, this was deflated in 1929 by the Great Depression. It was only during and after WWII that demand for cigars renewed, adding to the massive profits enjoyed by the tobacco industry. Cigar sales remained stable through the 1950s, with the majority of American cigars made by machine. Premium cigars were only a small amount of those consumed, with American tastes gravitating towards the Cuban varieties.
I only wonder that the people from 1995 to 1998 were more Cigar friendly. Then there was a decline and again there's a sharp rise.
It will again decline after a year or two.
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I didn't realize people took up cigar smoking during the pandemic. Ironic
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It is strange and ironic indeed. I am observing this trend. I think in the future world of all the things made by robots and AI, handmade things will go up in value, even cigars like these.
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100 sats \ 0 replies \ @nym 7 Apr
Smoking makes it hard to heal from wounds.
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I like the taste but don’t like the feeling I get from the nicotine. Kinda like alcohol…I like the taste but don’t like the drug.
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Drew Estate Liga Privada, baby!!!
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42 sats \ 1 reply \ @anon 9 Apr
Padron Maduro for me 👌
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Oh, yes. El Primero!
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Love a good stogie, favorite summer treat. Pretty miffed 45 made importing Cubans illegal illegal again, I was in Aruba and had to pass up bringing any back.
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