Cigar Auction Absurdity
June 15th, 2006
From Rich at CigarCyclopedia:
CigarAuctioneer.com just completed an auction of
40 five-packs of the Arturo Fuente Hemingway Short Story, a neat perfecto of four inches long and 48 ring.
Bidding started at only $11.95, and Famous Smoke Shop (which owns and operates the CigarAuctioneer.com site) sells the Short Story in a five-pack for $21.95 when in stock. Of course, there are no five-packs in stock now since they were all sold at auction!
A total of 20 bidders won lots, with the highest bid at $30.00 for one five-pack and the lowest at $25.00. The big winner (?) in the auction was one bidder who bought eight lots – 40 cigars – for $204.00 or $5.10 per cigar . . . or $1.28 an inch!
There were nine bidders who won more than one lot. The total of the winning bids was $1,045.36 for 200 cigars or $5.23 each. Famous normally sells a box of 25 Short Story cigars for $108.95, or $4.33 each.
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