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Age-Adjusted Fair Market Price

AA-FMP

The Age-Adjusted Fair Market Price is our proprietary valuation model that estimates a cigar's fair value based on its age and the natural appreciation of Cuban cigars over time.

How It's Calculated

  • Based on ~5% annual appreciation from original retail
  • Accounts for the 'aging curve' of Cuban tobacco
  • Factors in vitola-specific aging characteristics
  • Provides a benchmark for whether a cigar is over or undervalued

Why It Matters

AA-FMP helps you understand if a cigar's current market price reflects its true aged value. It's particularly useful for evaluating whether to buy aged stock or age your own.

Example

A 2018 Cohiba Robustos that originally cost $38 would have an AA-FMP of ~$52 today, reflecting 7 years of aging at ~5% annual appreciation.