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PADRON UBER ALLES

Serie 1926 40th Anniversary cigars drawing insane bids at Internet auctions

Los Angeles, February 18 – The frenzy over the Padron Serie 1926 40th Anniversary cigars continues unabated with wild results in the latest auction by Cigar Auctioneer.com.

This was their third auction of a box of Padron 40ths – a 6 1/2-inch by 54-ring torpedo – out of a total of just 400 made:

• On December 13, a full box of 40 was sold for $2,055.00 after drawing 120 bids over a five-day period.

• The second auction ended on January 31, with the 40 cigars offered individually. The 40 lots drew a total of 81 bids, with the lowest winning price at $36 and the highest winning price at $50. Collectively, the 40 cigars drew bids worth $1,606.04, right at $40 each. The carved humidor in which the cigars were presented (no. 275 of 400) was auctioned separately and went for $406, making the total auction worth $2,012.04.

Please note that the retail value of the 40 cigars and the carved humidor box was $1,600.

That set the stage for the latest auction, again of 40 cigars individually, which ended on Monday. This time the bidders went insane:

> There were 51 bids in total, although some were for more than one cigar.

> The lowest winning bid this time went up to $55 for a single cigar, more than the highest winning bid from 14 days earlier!

> The highest winning bid was $200 and the same bidder bought ten cigars at that price: $2,000 for a quarter of the box! The CigarAuctioneer staff called him twice to be sure he wasn’t kidding. He wasn’t.

> The take for 29 of the 40 cigars was a stunning $3,170, an average of $109.31 per cigar with the final 11 pieces still being sorted out. Setting aside the 10-for-$2000 purchase, the remaining nine cigars which were attributed to specific buyers still drew an incredible average price of $130 each! Ouch!

Now things have gotten completely crazy as another box of 40 has shown up on eBay, with a Deerfield Beach, Florida dealer selling individual cigars at a starting price of $30 each with bidding up to $200 each with one day to go.

Another auction on eBay offers the entire box (no. 294) and 40 cigars included from an Atlanta seller, also ending tomorrow. This auction has drawn 26 bids so far and a price of $1,901, short of the reserve price, but there is also a “Buy It Now” option for $2,500. Stay tuned.

A recent eBay auction of a complete humidor and 40 cigars drew nine bids and a final price of $1,825 ($45.63 each discounting the box) ending on February 14.

If you want to see what all the fuss is about and don’t want to take out a second mortgage, you can try a Serie 1926 sampler, either in natural or maduro wrapper. Padron’s sampler for the Serie 1926 offers four cigars (not the 40th Anniversary, sorry) for about $66 – still a hefty $16.50 each – and among the major merchants we track in our CigarWire service, Famous Smoke Shop has these available at present.

What about Opus X? There’s a box of elegant Opus X Belicoso XXX (4 5/8 x 49 torpedo) up on eBay now and with one day to go, has drawn 14 bids and is at $520.00 for the box of 42, a per-cigar price of just $12.38 each.

Padron Uber Alles!

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