A well dressed Austrian gentleman poses for this cabinet card portrait by photographer Karl Dubell. Dubell’s studio was located in Vienna, Austria. The subject in this image is accessorized with a cane, vest, bow tie and what appears to be a straw hat. What is this fine gentleman holding in the fingers of his right hand. Is that an extra long cigarette? To view other photographs by Dubell, click on the category “Photographer: Dubell”.
THE CABINET CARD GALLERY 
Its probably a hand rolled cigarette, before the machine rolled ones were produced.
This gentleman looks like Frank on American Pickers, only cleaned-up!
I guess, it is a normal cigarette, but in a cigarette holder – they were very common in the 1920’es to prevent the fingertips from getting smelly and yellow.