Show us your whisky! Vol 2

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Discussion

Blown2CV

28,695 posts

202 months

Monday 20th August 2018
quotequote all
however whilst they happily sell for £495 initially, do they actually sell for £3k subsequently, or are there just a lot for sale at that price?

LeighW

4,360 posts

187 months

Monday 20th August 2018
quotequote all
Blown2CV said:
however whilst they happily sell for £495 initially, do they actually sell for £3k subsequently, or are there just a lot for sale at that price?
The bloke selling on FB for £3k claimed he's sold it, but who knows!

Blown2CV

28,695 posts

202 months

Monday 20th August 2018
quotequote all
LeighW said:
Blown2CV said:
however whilst they happily sell for £495 initially, do they actually sell for £3k subsequently, or are there just a lot for sale at that price?
The bloke selling on FB for £3k claimed he's sold it, but who knows!
these things always have a touch of vapour about them to me... the market for buying whisky at peak value is surely tiny, and all limited releases take a huge jump up in the initial period and then settle back down. Wouldn't be surprised if it drops back far closer to the original value.

Podie

46,630 posts

274 months

Monday 20th August 2018
quotequote all
Blown2CV said:
LeighW said:
Blown2CV said:
however whilst they happily sell for £495 initially, do they actually sell for £3k subsequently, or are there just a lot for sale at that price?
The bloke selling on FB for £3k claimed he's sold it, but who knows!
these things always have a touch of vapour about them to me... the market for buying whisky at peak value is surely tiny, and all limited releases take a huge jump up in the initial period and then settle back down. Wouldn't be surprised if it drops back far closer to the original value.
The secondary market it a funny thing. Take the moderately priced Glenfiddich Snow Phoenix (£60 at release) seems to have stabilised at around £300 on auction sites (circa 6 years later off the top of my head).

Personally, I like to drink the stuff.

Blown2CV

28,695 posts

202 months

Monday 20th August 2018
quotequote all
Podie said:
Blown2CV said:
LeighW said:
Blown2CV said:
however whilst they happily sell for £495 initially, do they actually sell for £3k subsequently, or are there just a lot for sale at that price?
The bloke selling on FB for £3k claimed he's sold it, but who knows!
these things always have a touch of vapour about them to me... the market for buying whisky at peak value is surely tiny, and all limited releases take a huge jump up in the initial period and then settle back down. Wouldn't be surprised if it drops back far closer to the original value.
The secondary market it a funny thing. Take the moderately priced Glenfiddich Snow Phoenix (£60 at release) seems to have stabilised at around £300 on auction sites (circa 6 years later off the top of my head).

Personally, I like to drink the stuff.
in a fair world, just because something is limited shouldn't mean it is valuable. It could be ste! Things that are unexpectedly great are the only things that should really be undervalued at first sale. I do tend to think that with whisky however there is a bubble of speculation with every single limited release.

NRS

22,078 posts

200 months

Monday 20th August 2018
quotequote all
Blown2CV said:
in a fair world, just because something is limited shouldn't mean it is valuable. It could be ste! Things that are unexpectedly great are the only things that should really be undervalued at first sale. I do tend to think that with whisky however there is a bubble of speculation with every single limited release.
Yes, it will pop at some point and burn a lot of people, just like any asset bubble. I'm always thinking I should stop buying and just drink what I have until it does pop, as I have more than enough. But then get excited by the latest distillery release from distillery X when I am visiting, or see a bottle with good reviews that is relatively cheap and so end up buying it, biggrin

I also was in Croatia/Montenegro/Bosnia this last week and so picked up a Glenfiddich Select Cask 50cl bottle to try. Bourbon/sherry/wine cask combination. Not best whisky according to WB, but worth a punt at 25 euros or so. My Glenfarclas arrived today from Germany with a colleague so just took it home.



I couldn't help buying this a few days ago too - £60 quid for a 23yo sherried whisky is a bargain no matter the distillery/bottler these days surely?

https://www.whiskybroker.co.uk/70cl,-23yo-distille...

And bought this in the latest auction - seems to have decent reviews so just couldn't help it.

https://www.scotchwhiskyauctions.com/auctions/126_...

And what with visiting a bunch of distilleries starting this week going to be an expensive month, eek !

anonymous-user

53 months

Monday 20th August 2018
quotequote all
Blown2CV said:
they may well be loving the attention but TBH they will absolutely know they're just part of the bullst cycle. Companies that love what they do and put care into their product wouldn't advocate speculation, just like any half-decent recording artist wouldn't advocate ticket touts. It's not wrong, just sad that they'd promote this type of thing and 'price out' normal people and enthusiasts.
Yes exactly.

The fact the UK is suppose to have 2000 bottles out of 2500 of the Genesis (500 to Asia I have heard) and they only release 360 shows exactly what they are up too.




anonymous-user

53 months

Monday 20th August 2018
quotequote all
LeighW said:
Absolutely. I'd do the same, but I can't see that paying £3k for a NAS whisky is a wise move, no matter what the label, how limited the run, or how fancy the packaging. Whether I'm right or not, time will tell I guess!

The trouble is that crazy prices on the 'halo' products drags up the prices for the more regular releases, which is bad news for someone like me with a real world budget who buys whisky to drink.
I spoke to a retailer who stated that he has only three bottles on allocation until 2019 for the 12 year old Macallan.

So it looks like they are going to do the same with the whole range.

Just very sad.

anonymous-user

53 months

Monday 20th August 2018
quotequote all
Blown2CV said:
these things always have a touch of vapour about them to me... the market for buying whisky at peak value is surely tiny, and all limited releases take a huge jump up in the initial period and then settle back down. Wouldn't be surprised if it drops back far closer to the original value.
I would be amazed if it didn't drop back down especially when the next limited edition appears.

Perhaps more around the £1,000 mark than the asking price especially when Asia and maybe the UK get the final allocation released.

Be interesting to see how these auctions go. Not going as high as many predicted so far.



anonymous-user

53 months

Monday 20th August 2018
quotequote all
NRS said:
Yes, it will pop at some point and burn a lot of people, just like any asset bubble. I'm always thinking I should stop buying and just drink what I have until it does pop, as I have more than enough. But then get excited by the latest distillery release from distillery X when I am visiting, or see a bottle with good reviews that is relatively cheap and so end up buying it, biggrin

I also was in Croatia/Montenegro/Bosnia this last week and so picked up a Glenfiddich Select Cask 50cl bottle to try. Bourbon/sherry/wine cask combination. Not best whisky according to WB, but worth a punt at 25 euros or so. My Glenfarclas arrived today from Germany with a colleague so just took it home.



I couldn't help buying this a few days ago too - £60 quid for a 23yo sherried whisky is a bargain no matter the distillery/bottler these days surely?

https://www.whiskybroker.co.uk/70cl,-23yo-distille...

And bought this in the latest auction - seems to have decent reviews so just couldn't help it.

https://www.scotchwhiskyauctions.com/auctions/126_...

And what with visiting a bunch of distilleries starting this week going to be an expensive month, eek !
Nice bottles.

That 23 year old is a steal. Great find smile

Have you tried it yet?


Blown2CV

28,695 posts

202 months

Monday 20th August 2018
quotequote all
ELUSIVEJIM said:
LeighW said:
Absolutely. I'd do the same, but I can't see that paying £3k for a NAS whisky is a wise move, no matter what the label, how limited the run, or how fancy the packaging. Whether I'm right or not, time will tell I guess!

The trouble is that crazy prices on the 'halo' products drags up the prices for the more regular releases, which is bad news for someone like me with a real world budget who buys whisky to drink.
I spoke to a retailer who stated that he has only three bottles on allocation until 2019 for the 12 year old Macallan.

So it looks like they are going to do the same with the whole range.

Just very sad.
i guy i used to work for maintained that he had 100+ bottles of whisky at home, but he was a real blowhard boaster of a prick, so i was never quite sure. When asked what his favourite was he said "McLallan" so i guess he is their target market.

anonymous-user

53 months

Monday 20th August 2018
quotequote all
Blown2CV said:
i guy i used to work for maintained that he had 100+ bottles of whisky at home, but he was a real blowhard boaster of a prick, so i was never quite sure. When asked what his favourite was he said "McLallan" so i guess he is their target market.
LOL.

Yes sounds about right. biggrin

Use to buy two bottles back in the day. One to keep and one to drink. Ok sometimes it landed up two to drink.

Anyway trying to do that now is near impossible.

Some of my personal favourite drams are now in the £80-£100 price bracket. These were £30-£40 a few years ago.

Crazy.

NRS

22,078 posts

200 months

Tuesday 21st August 2018
quotequote all
ELUSIVEJIM said:
Nice bottles.

That 23 year old is a steal. Great find smile

Have you tried it yet?
Not yet. It will likely be Christmas before I pick it up. Already got a full "load" of whisky for the next flight, which will most likely be ignored for distillery exclusives on the trip this week, biggrin Will try and take one or two of the current auction bottles to try and stop me buying more, as I am not drinking them quickly enough.

Trying the Ardbeg Twenty Something I got as a sample. I really like the nose, the peat is somewhat restrained and you get fruits, some lemon, vanilla. Taste is not as impressive IMO - a nice Ardbeg but not worth the extra money overall.

F-Stop Junkie

549 posts

199 months

Tuesday 21st August 2018
quotequote all
I've reached a point now where some of my bottles are worth enough that I can't bring myself to drink such an expensive whisky, so I've got a quote from a big retailer to purchase the more collectable ones. The prices seem decent and it's low stress, so very close to taking them up.

If I do, does anyone have any advice on how to pack and ship bottles well? There's boxes too, which obviously need care too. Also any couriers people would recommend?

LeighW

4,360 posts

187 months

Wednesday 22nd August 2018
quotequote all
NRS said:
I couldn't help buying this a few days ago too - £60 quid for a 23yo sherried whisky is a bargain no matter the distillery/bottler these days surely?

https://www.whiskybroker.co.uk/70cl,-23yo-distille...
Dammit, you just cost me £60. laugh

I can't believe there are any left to be honest!

Podie

46,630 posts

274 months

Wednesday 22nd August 2018
quotequote all
LeighW said:
NRS said:
I couldn't help buying this a few days ago too - £60 quid for a 23yo sherried whisky is a bargain no matter the distillery/bottler these days surely?

https://www.whiskybroker.co.uk/70cl,-23yo-distille...
Dammit, you just cost me £60. laugh

I can't believe there are any left to be honest!
Dammit, you just cost me £60. laugh

Mr Trophy

6,808 posts

202 months

Wednesday 22nd August 2018
quotequote all
Podie said:
LeighW said:
NRS said:
I couldn't help buying this a few days ago too - £60 quid for a 23yo sherried whisky is a bargain no matter the distillery/bottler these days surely?

https://www.whiskybroker.co.uk/70cl,-23yo-distille...
Dammit, you just cost me £60. laugh

I can't believe there are any left to be honest!
Dammit, you just cost me £60. laugh
Dammit, you just cost me £60. laugh

jammy-git

29,775 posts

211 months

Wednesday 22nd August 2018
quotequote all
I got the 28 year old Spey from Lidl last Christmas. It was OK, but wouldn't want to spend any more than I did (£30-40 IIRC).

There's a 21 year old Spey on clearance in M&S at the moment down from £70 to £48. Really tempted, but can't find any reviews on it!

LeighW

4,360 posts

187 months

Wednesday 22nd August 2018
quotequote all
Mr Trophy said:
Podie said:
LeighW said:
NRS said:
I couldn't help buying this a few days ago too - £60 quid for a 23yo sherried whisky is a bargain no matter the distillery/bottler these days surely?

https://www.whiskybroker.co.uk/70cl,-23yo-distille...
Dammit, you just cost me £60. laugh

I can't believe there are any left to be honest!
Dammit, you just cost me £60. laugh
Dammit, you just cost me £60. laugh
That genuinely cracked me up. biggrin

whoami

13,151 posts

239 months

Wednesday 22nd August 2018
quotequote all
Mr Trophy said:
Podie said:
LeighW said:
NRS said:
I couldn't help buying this a few days ago too - £60 quid for a 23yo sherried whisky is a bargain no matter the distillery/bottler these days surely?

https://www.whiskybroker.co.uk/70cl,-23yo-distille...
Dammit, you just cost me £60. laugh

I can't believe there are any left to be honest!
Dammit, you just cost me £60. laugh
Dammit, you just cost me £60. laugh
Dammit, you just cost me £60. laugh