Tuesday, April 5, 2011

Vintage tobacco an affordable luxury?


(G. L. Pease) Recently, the "market value" of some vintage, no longer produced blends seems to have skyrocketed to record-setting altitudes. A 2oz tin of a once popular English tobacco was sold at auction for over $400, nearly twice its previous record-high, and not long before that, another often talked-about blend achieved similar levels. By my reckoning, $400 for two ounces of tobacco translates to about $20 per bowl. It’s a lot of money, but is it really as extravagant as it first appears? Perhaps not for the person who paid the money, but what about the rest of us? Let’s look a little more closely. Continued



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