The highest priced cigars in that market are Cubans, and the counterfeiters are perfectly willing to appear to satisfy the aficionados with bogus stogies, and they are getting better at it…
By Egon E. Mosum
Rudyard Kipling said, ‘a good cigar’s a smoke.’
Can’t argue with that, and you also can’t argue with the current reality that a good cigar costs a small fortune.
In any luxury market, there is a lot of money to be made, whether it is wine, jewelry, gourmet food, or cigars.
In that market, there is also a lot of money to be made by skillfully providing the ersatz item, the bogus Bordeaux, the spurious sapphire, and the counterfeit Cuban cigar.
While not quite up there in the numbers generated by illicit narcotics, the phony cigar market is a multi-million-dollar industry.
Anybody who smokes handmade cigars knows they cost a bunch more than a buck a stick. ‘The United States imported 430 million premium, handmade cigars in 2024.’[1]
Even if we made the incorrect assumption that each one of those cigars cost only a dollar, that would be four hundred and thirty million dollars in the 2024 United States market alone.
Of course, hand-made imported cigars cost more than a dollar a piece, more likely ten times that, depending on the brand and whether or not the particular state selling them has a pile of taxes added to the product.
Depending on the country of origin, hand-made imported cigars can run from about eleven dollars each to over one hundred and fifty dollars each (2024 prices-pre tariff), so even if we used the low figure, we’d be talking about a four point seven plus billion-dollar market — in the United States alone.[2]
Of course, the highest priced cigars in that market are Cubans, and the counterfeiters are perfectly willing to appear to satisfy the aficionados with bogus stogies, and they are getting better at it…
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