Private Air New York

Winter 2020/2021

Private Air New York Magazine

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www.privateairny.com Private Air | Winter 2020/2021 58 I can remember it like it was yesterday, on freezing cold night, the smoking terrace of the Boisdale restaurant was in London's Belgravia was packed with high-spirited cigar afficionados all desperate to snap up a rare set of 10 Romeo y Julieta double corona Cuban cigars. After frenzied bidding by shivering buyers from around the world, a Japanese collector finally beat a rival from Hong Kong, and paid the princely sum of £13,225 for the cigars dating back to the 1950s. It was a record price per cigar at public auction, and showed just how much money heavyweight cigar enthusiasts are willing to spend to acquire extremely rare cigars. Handmade cigars have always been a symbol of luxury, but the boom in collecting took off in the mid-1900s, largely thanks to buoyant western economies. Several new cigar books and magazine glamourized and popularized the pastime, raising the experience of smoking a cigar to that of savoring a fine wine. Imports of premium cigars to the United States – the largest cigar market in the world – rose five-fold in four years as smoking cigars became fashionable with a younger, moneyed set. Seeing the demand, in 1999 Christie's in London started holding exclusive cigar auctions twice a year. Many records were broken at these sales, including the sale in October 2000 They say successful people smoke cigars – but do the really clever ones collect them? THE BIG SMOKE By: Anwer Bati, Author of The Cigar Companion: A Connoisseur's Guide

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