Abstract: A combination lighter and cigar cutter device for cutting off an end of a cigar and lighting same includes a casing having a body, a lighting mechanism for producing a flame, and a recessed cavity formed in the body, and a cigar cutter having a planar ring member with a central opening and a thin slot formed therein. A pair of thin cutting blades are received within the slot of the ring member, each blade being movable between a first position in which the cutting blades are substantially withdrawn from the opening and a second position in which the cutting blades are completely received within the opening, so as to effect a shearing or cutting action on a cigar positioned in said opening. Each cutting blade has a handle portion secured thereto for easily moving the cutting blades between the first and second positions.