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.By no means have I been offended by any of this--I simply wanted to tease out the issue a little.
After a bit more thought, I guess my main concern was with the precedent it sets. Not in the sense that we'll all suddenly feel obligated to nearly double up the prices of our takes, but rather that totally blowing your takes out of the water on three of your four exchanges is so unremarkable, pedestrian, and perfectly typical that it is not at all worthy of any discussion or debate.
I know that the peculiarities which made for difficult matching on the desired sticks is at the root of all this, so I acknowledge that while unlikely (and probably compounded by the fact that I'm still new to the game), it would be really frustrating for me if I were the last person to receive the pass and all I had to take from were $40/$50/$60+ cigars.
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 understand that the pass will necessarily have to increase in overall value from start to finish--it was simply the scale (3 of 4 exchanges with an average bump of $12) that caught my eye. If everyone doubled up on 3/4 of their puts, we'd have a hairy situation.
I don't mean to seem like I'm still questioning any of this or that I'm not picking up on it--I get it--I'm simply explaining (and perhaps belaboring the point) where I was coming from initially.
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.By no means have I been offended by any of this--I simply wanted to tease out the issue a little.
After a bit more thought, I guess my main concern was with the precedent it sets. Not in the sense that we'll all suddenly feel obligated to nearly double up the prices of our takes, but rather that totally blowing your takes out of the water on three of your four exchanges is so unremarkable, pedestrian, and perfectly typical that it is not at all worthy of any discussion or debate.
I know that the peculiarities which made for difficult matching on the desired sticks is at the root of all this, so I acknowledge that while unlikely (and probably compounded by the fact that I'm still new to the game), it would be really frustrating for me if I were the last person to receive the pass and all I had to take from were $40/$50/$60+ cigars.
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.I understand that the pass will necessarily have to increase in overall value from start to finish--it was simply the scale (3 of 4 exchanges with an average bump of $12) that caught my eye. If everyone doubled up on 3/4 of their puts, we'd have a hairy situation.
I don't mean to seem like I'm still questioning any of this or that I'm not picking up on it--I get it--I'm simply explaining (and perhaps belaboring the point) where I was coming from initially.
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.If everyone doubled up on 3/4 of their puts, we'd have a hairy situation.
Doesn't anyone recall that thread recently where Anthony got called out for being overly generous with his puts? :sign:
Just got through reading the thread that was obliquely referred to above (and which I had read at the time, but obviously hadn't cataloged in my noodle) as well as another helpful one linked therein (and which is stickied in the Open Passes folder...)
By no means did I think of or intend to insinuate any one-upsmanship or untoward giving (whatever the hell that is) by raising the issue. As someone still very new to cigars and to passes, I simply hadn't yet been in a pass where it came up and was merely wondering about things from a practical standpoint--nothing more, nothing less. I hope my bringing it up wasn't interpreted as anything else.
That could be from some type of dinner I suppose. But in my 15 seconds of research I don't see that it was released anywhere else.