Looking for the best cigar on a budget? You'll be happy to know that there are plenty of great options available that won't break the bank or let you down.

Recently, a collection of 600-year-old cigars sold at auction for over half a million dollars. While the ancient Mayans may take credit for the first known cigars, a lot has changed since their 10th-century inception.

Whether you're looking to pick a high-value cigar for yourself or as a gift, we've got you covered. Get ready to enjoy the best-tasting cigars for under $20. Read on to learn more about the best cigars for the money.

The Best Cigars for the Money: Under $20

While some luxury smokes can be costly, these great choices won't break the bank. While a box of these gems isn't exactly pocket change, at under $20, you can find the perfect cigar for a night of celebration.

Here are our Cigar Journal approved picks for the 10 best reasonably priced cigars.

Plasencia Alma Fuerte Generacion V ($19.80)

With 5 generations of tobacco production experience, the renowned Plasencia family has struck a chord with another fine medium/full bodied offering.

Padron 1964 Presidente Maduro ($18.60)

A new release from the 1964 Anniversary Series, this cigar doesn't disappoint. Available in natural and Maduro wrapper options.

La Flor Dominicana Andalusian Bull ($15.80)

This hard to find treat is one you'll certainly want a box of... if you can get your hands on a box.

Eiroa The First 20 54x6 ($13.00)

Commissioned to celebrate Christian Eiroa's 20th anniversary in the cigar industry, this cigar is legendary.

My Father The Judge Grand Robusto ($12.40)

These high value treats ranked #1 with Cigar Journal. A product of Jose and Jamie Garcia's father and son partnership, you can expect leather, cedar, and an abundance of spice.

Wrapped in Ecuadorean Sumatra leaf, this Nicaraguan tobacco doesn't leave anything left to desire.

Monte by Montecristo AJ Fernandez Toro ($11.00)

With notes of coffee, roasted nuts, and chocolate, this delectable treat packs quite a punch for the $11 price tag.

High Value, Low Price: Under $10

Arturo Fuente Double Chateau Sungrown ($9.31)

A medium to full-bodied from the Dominican Republic cigar, aged to perfection. #onlyfuenteisfuente This is probably the most sought after cigar in the market now days. 

AJ Fernandez New World Puro Especial Robusto ($8.50)

Aged 3 to 5 years, cigar producer AJ Fernandez curated this memorable cigar with his father. This cigar makes for an especially great smoke when shared with your old man.

Joya Black Double Robusto ($7.95)

This Joya smoke comes wrapped in a Mexican San Andres Negro wrapper. For fans of the Joya brand, you'll appreciate this never-before-seen addition to the Joya tobacco you already know and love.

Perdomo Bourbon Barrel Aged Epicure Connecticut ($7.50)

This smoky treat provides a leathery, cedar-inspired flavor that belies its price tag. Compare it against a top dollar smoke, and you'll be sure to value its quality.

Arturo Fuente Conquistadores ($5.84)

Believe it or not this cigar is only $5.84! Oh My God! What a wonderful smoke and at that price, this is the we can said this is the absolutely Best Cigar for the money!

Ready for a High-Quality Smoke?

Now that you've selected your pick from our library of best value cigars, it's time to enjoy your purchase. Want to try them all? Now you can. Pick up our curated collection of the best cigars for the money and rank your favorites in the comments below.

For more curated selections, check out our curated box celebrating Cigar Aficionado's Top 25 Cigars of 2017. To learn more about how to find the best cigars for the price and how to best enjoy them, visit our blog.