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The Cigar Investor's Guide
Phase 2: Investment

The Cigar Investor's Guide

How to Build a Cigar Portfolio That Appreciates Instead of Depreciating

Miguel has been collecting cigars since 1998 and watching the secondary market since before there was a secondary market. He has bought, traded, and sold thousands of cigars across boom and bust cycles. He knows which cigars actually appreciate, which appear to appreciate but don't when you account for storage cost, and which are pure speculation.

Launches 2026-05-12. Drop your email and we will tell you the day it goes live on Amazon.

By Miguel Solano 40,461 words ~180 pages Launches 2026-05-12

Inside this book

  • Which cigars actually appreciate (and which look like they do but don't)
  • Vintage Cuban valuation: box codes, factory codes, scarcity premiums
  • Limited edition strategy: what to buy at release, what to wait on
  • Auction house mechanics: fees, authentication, bidding strategy
  • Tax considerations for collectible cigars
  • Risk management: storage, insurance, theft, climate, regulatory
  • Portfolio construction: blend of liquidity, appreciation, drinkability

About the author

Miguel Solano

Lead Author, The Modern Cigar Library

Miguel Solano started smoking cigars in 1997 when his friend Augusto Reyes handed him a Fuente Hemingway Short Story at a lounge in Coral Gables. That cigar changed his life. Since then he has built a career in the premium cigar industry that has taken him to factories in Nicaragua, Honduras, and the Dominican Republic, to fermentation warehouses in Cuba, and to every PCA trade show since the late 1990s. He consults with boutique producers, maintains relationships with distributors and retailers across the Americas, and writes the books he wishes had existed when he was learning. He lives in South Florida with his wife Liliana, who manages the spreadsheets that track his cigar spending, and their cigar friends who fill the screened porch his late father Gerardo used to sit on every night.

More about Miguel Solano

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