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 Doing the math

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Warwick



Number of posts: 75
Location: Massachusetts
Registration date: 2008-03-11

PostSubject: Doing the math   Sat Oct 17, 2009 6:42 am

Musing on the front porch today, I wondered how much I've spent on tobacco, considering that I just started this hobby about five years ago.

Well, my stats on tobaccocellar.org:
  • The cellar contains 261 tins and has 82 blends represented.
  • We will find 61 lbs. 4 oz. of tobacco in the collection.
  • This quantity of tobacco is estimated to fill approximately 9,807 of the owner's pipes.
  • The cellar should endure 40 yrs, 10 mos at the defined smoking pace.


Hmmm. If there are 16oz in a pound...and I guesstimate an average cost of $2.90/oz (i.e., considering a rough average of about $40 per lb ($2.50/oz), and about $7 per 2oz tin ($3.50/oz))....then the result is:

((61 * 16) + 4) * 2.9 = $2,842

Yikes!! And that doesn't include what I've already smoked.

But...but.... I swear I just bought a fews tins here and an occasional pound there.....

Oh well....I guess that's why they call it TAD....
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Doc Manhattan
BoB's Team


Number of posts: 3738
Age: 34
Location: Land of Steady Habits
Tobacco: GH Flakes
Pipe: Gregor Lobnik
Registration date: 2008-05-26

PostSubject: Re: Doing the math   Sat Oct 17, 2009 6:53 am

In an absolute sense, it seems like a lot, but compare it to a cigs or even cigars and you look positively thrifty. And the resale market for pipe tobacco makes it an investment, not just an indulgence.

...or at least that's what I keep telling myself.

_________________
"You know what's right with this world? Nothin'!"
-Oscar, "Grouch Anthem"
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Warwick



Number of posts: 75
Location: Massachusetts
Registration date: 2008-03-11

PostSubject: Re: Doing the math   Sat Oct 17, 2009 6:57 am

Doc Manhattan wrote:
...or at least that's what I keep telling myself.


Ditto that!! Very Happy
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nate560



Number of posts: 320
Location: land beyond the stars
Tobacco: Dunhill Royal Yacht
Pipe: Castello Hawkbill
Registration date: 2008-11-18

PostSubject: Re: Doing the math   Sat Oct 17, 2009 8:45 am

Im not even going to try and think about how much I have invested in my cellar. If the tins in there only cost $7:00 per I would be happy. I think everybody has more dollar wise invested then they think but its well worth it considering $7:50 to $10:00 for a pack of cigs in New York, anyway pipe tobacco is a bargin when bought on line our tobacco tax is 46% plus sales tax 8.75% so a B&M is kind of out of reach a tin of GLP $9.42 at smokingpipes B&M here 14.57 and thats if they charge $9.42 for the tin to begin with not likely. Just keep building your cellars and hope they dont ban online sales.
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Guest
Guest



PostSubject: Re: Doing the math   Wed Oct 28, 2009 8:51 am

I agree with Nate. I think we only have a few years before they start taxing online tobacco sales or just ban it all together. So, I would say....you're behind...
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GusMartinez



Number of posts: 9
Age: 41
Location: Mallorca - Spain
Registration date: 2009-10-17

PostSubject: Re: Doing the math   Thu Oct 29, 2009 7:57 am

Indeed, I AGREE, here in Spain are increasingly getting worse every day laws and price rises but the snuff
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Handsome Dynamite



Number of posts: 231
Age: 22
Location: Hamburg, NY
Tobacco: Mississippi Mud, Blackpoint, Charing Cross, Early Day
Pipe: Stanwells, Kalnitz, Peterson, Sasieni, Armellini
Registration date: 2009-12-31

PostSubject: Re: Doing the math   Sun Jan 03, 2010 9:12 pm

Wow, I've only been smoking a year, I hate to think what I've spent in that time, and just on what I've smoked (since I actually never heard of cellaring until now.) I reckon it's about $300.... this does not bode well for the future.
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Slow Puffs
Resident Sportscaster


Number of posts: 4890
Age: 64
Location: Alberta. Canada
Tobacco: GLP Telegraph Hill
Pipe: Dunhill Tanshell Liverpool
Registration date: 2007-12-10

PostSubject: Re: Doing the math   Mon Jan 04, 2010 6:20 am

My numbers are similar to Warwick and I slowed down the last couple of years. I smoke several pipefuls a day and likely go through 2 tins a week (2oz) easily.

I'm concerned about availibility in the future but don't want to be sitting on so much tobacco that I will never enjoy it. In fact, I often ponder if someone has ever figured out a "Tobacco Annuity". You reach a certain point and you are set for life.
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Frost



Number of posts: 2206
Age: 34
Location: Somewhere near Philly, PA
Tobacco: Various
Pipe: Brisset, Davis, Yakslon, Sasqatch, Lasse
Registration date: 2009-12-31

PostSubject: Re: Doing the math   Mon Jan 04, 2010 7:12 am

Compare it to the cost of 40 years of cigarettes.

Let's take a pack per day cigarette habbit. For the sake of argument, let's use the cost of Pall Malls as they are the cheapest brand name you can get in my neck of the woods @ $4.38 per pack as of this morning. We will assume that cost stays the same for the next 40 years (which of course it will not). If my math is correct, we get:

$4.38 x 365 = $1,598.70 per year.

$1,598.70 x 40 = $63,948.

So the equivalent amount of tobacco for the pack a day cigarett smoker is almost $64k.

My math-fu is weak, but I think I got that right. Yikes.
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shootist51



Number of posts: 755
Location: Indianapolis, Indiana
Registration date: 2007-12-28

PostSubject: Re: Doing the math   Mon Jan 04, 2010 11:53 am

Warwick wrote:
Musing on the front porch today, I wondered how much I've spent on tobacco, considering that I just started this hobby about five years ago.

Well, my stats on tobaccocellar.org:
  • The cellar contains 261 tins and has 82 blends represented.
  • We will find 61 lbs. 4 oz. of tobacco in the collection.
  • This quantity of tobacco is estimated to fill approximately 9,807 of the owner's pipes.
  • The cellar should endure 40 yrs, 10 mos at the defined smoking pace.


Hmmm. If there are 16oz in a pound...and I guesstimate an average cost of $2.90/oz (i.e., considering a rough average of about $40 per lb ($2.50/oz), and about $7 per 2oz tin ($3.50/oz))....then the result is:

((61 * 16) + 4) * 2.9 = $2,842

Yikes!! And that doesn't include what I've already smoked.

But...but.... I swear I just bought a fews tins here and an occasional pound there.....

Oh well....I guess that's why they call it TAD....


$2842.00 divided by 490 months(40 yrs X 12 + 10months) = $5.80 per month. Quite a bargain, I think lol!
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dubhdarra



Number of posts: 49
Location: People's Republic of NJ
Tobacco: I'm a sucker for most samuel gawith blends, kind of new to good tobacco, spent years smoking lane limited blends. also will buy anything with a peterson label on it, and erinmore flake is a new fave.
Pipe: small dublins and billiards, comoy, WDC, a few MM cobs, Longmire Diplomat, two clay taverns, a british buttner, noname oom paul and a huge sterncrest.
Registration date: 2010-02-18

PostSubject: Re: Doing the math   Thu Mar 04, 2010 7:59 am

i think i need to buy a lot more tobacco. i figured i'd just bump my way along buying a pound when i'm running low but i think maybe i'd rather have 40 year aged tobac when i'm 60...
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Joseph76



Number of posts: 134
Location: Ontario, Canada
Registration date: 2008-12-26

PostSubject: Re: Doing the math   Thu Mar 04, 2010 12:56 pm

I spend roughly the same amount on tobacco as I do on cereal, so I don't see it an expensive. Very Happy
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Leigh Fermor



Number of posts: 6
Registration date: 2010-05-09

PostSubject: Re: Doing the math   Wed May 12, 2010 10:18 am

I'm primarily a cigar smoker, and have a strong preference (and a great source!) for Cubans. I probably smoke about 5 cigars a week, or roughly 260 a year. Average price is probably around $12. That's $3,120. A year. So, when you think about it that way it's not too bad. In fact, when I went on 4noggins the other day and ordered 15 tins and showed the receipt to my wife, she said "wow, that's cheap!". Very Happy
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Leigh Fermor



Number of posts: 6
Registration date: 2010-05-09

PostSubject: Re: Doing the math   Wed May 12, 2010 10:43 am

Slow Puffs wrote:
My numbers are similar to Warwick and I slowed down the last couple of years. I smoke several pipefuls a day and likely go through 2 tins a week (2oz) easily.

I'm concerned about availibility in the future but don't want to be sitting on so much tobacco that I will never enjoy it. In fact, I often ponder if someone has ever figured out a "Tobacco Annuity". You reach a certain point and you are set for life.


I have actually built an excel model that does exactly that. Accounts for consumption, average tobacco inflation, and how much you want to spend per year. I'd be happy to share with the group if someone can tell me how.
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Tim in Ohio



Number of posts: 229
Age: 47
Location: Dayton, OH
Tobacco: FVF, Escudo, HOTW, C&D DaVinci
Pipe: Sasquatch horn, Tinsky Poker, Boswell Plateaux Churchwarden
Registration date: 2010-02-23

PostSubject: Re: Doing the math   Thu May 13, 2010 9:56 am

[quote="Warwick"]

Well, my stats on tobaccocellar.org:

[*]This quantity of tobacco is estimated to fill approximately 9,807 of the owner's pipes.
[*]The cellar should endure 40 yrs, 10 mos at the defined smoking pace.[/list]
quote]

Thought this was useful tool, so I went to tobaccocellar.com and set up an account. Yes, I said tobaccocellar.COM... not .Org... painstakingly filled in all the info on my purchases.... and then couldn't find out how to get the above data which was my main objective to begin with... affraid
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