About Keeping it New
Jesus says one doesn’t put new wine in an old wine skin. I used to hang out at one pipe shop where the debate was whether one would smoke a pipe costing ten thousand dollars. I remember that debate well. If I ten grand to invest in a pipe I used to think that was like buying a Ferrari and not driving it. But cars are meant to be driven.
That Ferrari would cost just as much to maintain the same as if it were driven. But pipes? Is every pipe supposed to be smoked? There might be collectors who have pipes for show and only smoke hundred dollar pipes. Smoking one bowl in a ten grand pipe might decrease its value by half. One won’t use a Ferrari for commuting every day. If it’s not driven much that Ferrari will increase in value.
But any pipe smoked loses value. But are all pipes for smoking? No. In all likelihood if that pipe is never smoked, there still are no guarantees it will go up in value. But if smoked a reduction in value is guaranteed. But personally myself, I would smoke it IF I had that kind of money. Otherwise in all likelihood I would invest my money elsewhere.
So, I say that it all just depends. If I were wealthy enough I might collect pipes for collecting and buy pipes for smoking. Overall, pipes are not good investments. Neither are classic cars. Both are about a hobby not intended for investing. So, I might take that ten extra grand and buy a number of less expensive pipes for smoking. I can do a lot for ten grand.
This is my thinking these days. Most any pipe is intended for smoking. Same with cigars and wine. Some people can afford a bottle of wine for a half million and save it for a special occasion. But once opened it is worthless. Except for those who consume it. I can buy a house for a half million! Same with a Ferrari. If ten grand was all I had a pipe would be a lousy investment.
I’d much rather have pipes costing a hundred that I can enjoy than buying one pipe I can’t enjoy. So, it all depends. If I had ten grand just to spend on a pipe and can afford a Ferrari, I’d smoke the pipe while enjoying my Ferrari! There you go. It just depends. Today, however, is Tuesday and I’m smoking my Dunhill with some Bayou Morning and my coffee is comfort. Thank you for your time and Peace to each one of you.
Dave
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