Personally, I'd pull that bad boy out, wipe off the mold and smoke the crap out of it!
IF it tastes bad, which I bet it won't, you can just toss it because it was obviously beyond hope.
Don't feel bad about getting something with mold on it. I just got a 5-Pack of RyJ Clemenceau Tubos with a fair amount of mold. The thing is, a couple of those cigars appear to have bloom on them as well. Of course, I only know what I've seen and what I've read. I know there are plenty of FOGs out there who can tell you the exact deal, which I believe you will find in the link that I forwarded you from Kayakinboy.
I recommend that you read it before you ask any more questions because it THOROUGHLY covers whether you can or cannot smoke a moldy cigar as well as just about every other question you might have with regards to mold. However, if you are opposed to reading, the consensus appears to be that all those who have smoked a moldy cigar have not had ANY problems. They all agreed, though, that if mold gets inside the cigar, it is a "no-go"; toss it out. Also, a large number of people cannot get past the idea of smoking something with mold on it; putting in their mouths and breathing in possible mold spores.
(Note: To those people, I can only say that I've had a LOT of things worse than a little mold in my mouth before and NO, it wasn't a penis or any other part of a man; I can't comment on other mammals, however. (That was a joke, no mammals either))
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