Let me expand on this issue as I'm certain we went over it in my newbie pass you were in. In most passes you are taught to make your puts equal to or greater (not meaning double up the value) than your take. This is a general rule we all use. When you start to factor in rarity, you will normally always have to go up in value on your put because not always are you going to reach it in rarity factor. As far as when it comes to making a put for a CFCF Opus stick that now has a MSRP of around ~$45, you're hard pressed to find another cigar that has a MSRP that's near it so you get as close as you can without going under. Naturally 99 out of 100 times a pass is going to get greater in value during the course of the pass....you just have to be prepared for that.
It's too bad this has never been discussed before
Most passes use the same general rules. Very few go with the CC/NC trades because of the problems it can produce.I didn't expect that it would hit that point, I just thought I'd clarify what it was that caught my attention. Maybe such broad overshooting is more commonplace than I had assumed--after all, this is only my fourth pass so it seemed unusual to me having never seen it before...
It's too bad this has never been discussed before
Was it discussed before in this pass? I must have missed it somehow--would you be so kind as to point me in the right direction?
I acknowledged in my initial post on the topic that I'm sure this has come up before, but that I didn't think that previous passes were all that good of a barometer on how to proceed with since every pass has different hosts, different rules, different people, etc.--just look at the CC for NC aspect...
I hear you Steve, but when you think about it...this has more to do with our participation than what the P&Ts are valued at later on in the Pass.
This is true, but when you're looking at the cigars taken versus what's being put, it's understandable, but we're looking at 3 cigars that have an average price of $26.....the example you give of bumping up value by $12 gives you an average of $38.....if people can't handle a trade for a $38 cigar, they more than likely aren't going to be able to trade for a $26. Your concerns would be a little more valid if guys were taking $7 with $17 cigars....then we'd have a problem. Once you hit a certain threshold with high end cigars, your options are limited on taking them, thus the bump in values. It can also be attributed to a persons generosity. Maybe they're wanting to put some cigars in that haven't been in the pass yet so others that can't get them have the chance to try them out, maybe they "owe" the pass host, maybe they just wanted to do it. We're talking about three cigars here that got priced out...there's plenty more to choose from if you can't pull a trade on one of these three.
He didn't double up, he went up 1/3 ... one you really can't take into effect because of the rarity and limited production of the Frank, a trade that's damn near impossible because of a $45 MSRP, and a $26 cigar for a $20 cigar....you work with what you have, sometimes you just can't be right on top of MSRP on each trade.
That's why I didn't say it was from the CFCF box. There were sales of these in a sampler (there was maybe 100 available....if even that) as a fund raiser for CFCF Karate over on CigarFamily. 3 cigars, $130, which is the exact same cost/stick of those in the CFCF box.
