insight
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- Joined
- Aug 24, 2006
- Messages
- 8,374
They are worth whatever someone else is willing to pay for them.
Yes, and no. Cigars have an assigned MSRP, and that is what is used for passes, regardless of the age. I'm going to play devil's advocate here for a second. Let's say you purchased some Gurkha Titans for $8 a stick, 4 years ago. Now, I wouldn't pay you a nickel for them, nor would most people, so does that make their "worth" $0? For pass purposes they are worth $8. No mark up, no mark down.
In the free marketplace some cigars may increase significantly in value, as they probably should. Some do not. However for the purposes of passes here on CP, I think the same rules apply as they do for sells/box splits/etc. The price you paid, is the price you can sell them/trade them for. If you have an $8 cigar that you feel is worth $15 because of age, rarity, quality, etc. you're best off hanging on to it, unless you just want to be generous and put it in a pass for others to enjoy.
As with all things related to a pass, the final decision is that of the pass host as long as he isn't pull any funny shenanigans.
I dunno about that last part, age and rarity definitely factor into pass trades. Would you really expect an or anejo or vsg round to be valued at original cost of 7 bucks? Or a padron millennium at around 25? Hell how about a dunhill estupendo at 6 a stick?