ReviewsNicaraguan

Oliva Serie V Lancero Review

Reviewed cigar

Oliva Serie V Lancero

Brand
Oliva
Line
Serie V
Vitola
Lancero
Wrapper
Ecuadorian Sun Grown Habano
Binder
Nicaraguan
Filler
Nicaraguan
Size
7 inches × 38 ring
Strength
Full
Origin
Nicaragua
Price
$9–12
Smoking Time
70 min

September 4, 2026

By Theo Bennett

Last updated: September 4, 2026

93
Construction
92
Draw
93
Flavor
91
Burn
90
Value
92
Overall / 100

Who should buy

  • Lancero devotees and format collectors
  • Smokers who want wrapper-forward clarity
  • Fans of an elegant, refined Serie V

Who should skip

  • Those wanting cool, thick, layered smoke
  • Fast smokers - the thin ring heats up
  • Beginners - the strength is full

The connoisseur's format for Oliva's flagship

The Oliva Serie V Lancero is a 7 by 38 full-bodied Nicaraguan - the long, pencil-thin format prized by aficionados, made from Oliva's flagship blend in Esteli. An Ecuadorian Sun Grown Habano wrapper covers Nicaraguan binder and filler, and the lancero's defining trait is ratio: with a high proportion of wrapper to filler, the leaf's own cedar-and-pepper character leads, and the blend reads elegant and lifted rather than thick and powerful.

What the lancero format does is showcase the wrapper and the roll. Because so little filler feeds each puff, every note is precise - cedar and fine pepper up front, a brightening dried fruit and citrus, the espresso and cocoa a quiet base beneath. This is the Serie V at its most refined, the wrapper's sweetness reading clearly and the strength arriving with finesse rather than muscle. A 38-ring lancero is also a test of construction, and this one passed: an even light, a crisp draw, a tidy ash and an honest burn, with the traditional pigtail cap intact. For a collector, a properly made lancero is always the interesting size, and this is a properly made one.

My reservations are inherent to the shape. A thin ring gauge burns warm, so the Lancero rewards a slow, patient draw - hurry it and the pepper sharpens. It also gives up the cool, plush, layered depth that makes the Double Toro so relaxing; this is a clearer, more wrapper-forward read of the blend, not a thicker one. If you want the Serie V broad and powerful, the gordos are the move; the Lancero is specifically for those who love the format. Against an Oliva Serie V No. 4, the Lancero is even more wrapper-driven and elegant, longer and cooler-paced than the slim corona.

Where it fits is the appreciative, unhurried smoke for someone who values the lancero tradition and wants the Serie V's wrapper at its most articulate. Pair it with black coffee or a lighter aged spirit and take your time - it's the blend's most refined and connoisseur-minded expression.

Pre-light & Cold Draw

The Lancero is the format the aficionados chase - a long, pencil-thin 7 by 38 that Oliva rolls out of the same Serie V blend as a nod to old-school connoisseurship. Mine came from Esteli with the line's Ecuadorian Sun Grown Habano wrapper stretched tight over that narrow body, a small pigtail cap left on. The lancero's whole appeal is ratio: a lot of wrapper relative to filler, which puts the leaf's character front and centre. The cold draw was crisp, cedar and cocoa, and I was keen to see how the blend translated to the shape.

First Third

A 38-ring lancero is all about the wrapper, and this one led with it - cedar and a fine black pepper right up top, brighter and more aromatic than any wider Serie V. Where the gordos push thick coffee, the Lancero reads elegant and lifted, the dark chocolate a quiet base beneath the spice. It's a demanding format to roll and to smoke, and this one lit evenly and drew clean, which is exactly what a good lancero should do. The strength is full, but delivered with finesse rather than muscle. A refined, wrapper-driven start.

Second Third

The middle is where a well-made lancero shines, and this held its line. Cedar and pepper stay forward, a touch of dried fruit and citrus brightening them, the espresso and cocoa filling in below - all delivered with the clarity the thin ring gives. Because so little filler feeds each puff, every note is precise and the wrapper's own sweetness reads clearly. It burns a little warm, as lanceros do, so I kept the pace slow and it stayed elegant over about seventy minutes. My ash was tidy, the burn honest, the draw crisp the whole way. This is the blend at its most refined.

Final Third

The final third concentrates the cedar and pepper, the cocoa deepening as the oils build toward the pigtailed nub. My verdict: the Lancero is the connoisseur's Serie V - the format that shows the wrapper and the roller's skill more than any other, elegant and precise where the gordos are plush and powerful. The honest catch is that a 38 ring runs warm and demands a patient draw, and it gives up the cool, thick depth of the big sizes. But for a smoker who values the classic lancero shape and wants to taste the Serie V's wrapper at its clearest, it's a treat.

Pros

  • Wrapper-forward, elegant and precise
  • Showcases the blend and the roller's skill
  • Crisp draw and clean burn for a thin ring

Cons

  • Runs warm - demands a slow draw
  • Less cool, thick depth than the gordos
  • Full strength despite the elegant delivery

Frequently asked questions

What is a lancero?
A long, thin format - here 7 by 38 - traditionally prized by connoisseurs. Its high wrapper-to-filler ratio puts the wrapper's character front and centre, so a lancero shows off both the leaf and the roller's skill more than any wider size does.
Does the Serie V taste different as a Lancero?
Yes. The thin ring makes it wrapper-driven and elegant - cedar and pepper lead, brighter and more precise, with the coffee and cocoa a quiet base. The gordo sizes push those darker, thicker notes forward instead.
Why does it burn warm?
Thin ring gauges combust hotter and faster than fat ones, so a lancero rewards a slow, patient draw. Take it easy and it stays elegant; hurry it and the pepper can sharpen toward harsh.
What should I pair with it?
Black coffee suits the cocoa base, and a lighter aged spirit - a softer rum or a wheated bourbon - matches the elegant, wrapper-forward profile without burying it. Keep the pairing refined rather than heavy.

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