Discussion
Wow, that is a pricey bottle.
To be honest I'd probably sell it and buy myself a different bottle for £200 or so to treat myself on the 60th and pocket the rest. I can't imagine that bottle you have is going to taste much/any better than a different £200 bottle, so you might as well have some cash in your pocket and enjoy a good drop on the day as well.
To be honest I'd probably sell it and buy myself a different bottle for £200 or so to treat myself on the 60th and pocket the rest. I can't imagine that bottle you have is going to taste much/any better than a different £200 bottle, so you might as well have some cash in your pocket and enjoy a good drop on the day as well.
UTH said:
Wow, that is a pricey bottle.
To be honest I'd probably sell it and buy myself a different bottle for £200 or so to treat myself on the 60th and pocket the rest. I can't imagine that bottle you have is going to taste much/any better than a different £200 bottle, so you might as well have some cash in your pocket and enjoy a good drop on the day as well.
That would be my plan as well. I’ve tried some pretty expensive stuff in my time but I always enjoy the 18 year old glenfiddich which I think is about £60To be honest I'd probably sell it and buy myself a different bottle for £200 or so to treat myself on the 60th and pocket the rest. I can't imagine that bottle you have is going to taste much/any better than a different £200 bottle, so you might as well have some cash in your pocket and enjoy a good drop on the day as well.
Stan hyd said:
That would be my plan as well. I’ve tried some pretty expensive stuff in my time but I always enjoy the 18 year old glenfiddich which I think is about £60
Have a bottte of that I've yet to open and an 18 year old Talisker. Must get around to drinking them. 
Just looked on Amazon, and although not up there with the OP's bottle, the 18 year old Laphroaig I have is £204.
It looks like this is one of those stupid shop prices. It's a common thing - some shops list at stupid prices to try and pull market up/ they only need one person to buy.
Going by latest auctions it's more like £350-400 for the Glenmo 25 (unless there is an older design price impact, impossible to say without seeing the bottle and it's not a brand I pay much attention to anyway). Auction prices reflect the more real market value, as it's what people are willing to pay, not what people are asking for. The problem being if someone asks for a realistic value it gets sold. Those that sit around and you can see the price on are usually the insane priced ones.
Still a decent profit, but don't expect that Amazon price unfortunately.
Going by latest auctions it's more like £350-400 for the Glenmo 25 (unless there is an older design price impact, impossible to say without seeing the bottle and it's not a brand I pay much attention to anyway). Auction prices reflect the more real market value, as it's what people are willing to pay, not what people are asking for. The problem being if someone asks for a realistic value it gets sold. Those that sit around and you can see the price on are usually the insane priced ones.
Still a decent profit, but don't expect that Amazon price unfortunately.
As NRS says, you need to look at completed auction prices-and even those aren't immune to influence to distort the market. We (I have a mate who owns a high end whisky shop/website) have watched a couple of young distilleries shill bid their own product up at auction to make their product out to be some amazing investment.
If you watch the market it's quite simple to notice.
If you watch the market it's quite simple to notice.
LaurasOtherHalf said:
As NRS says, you need to look at completed auction prices-and even those aren't immune to influence to distort the market. We (I have a mate who owns a high end whisky shop/website) have watched a couple of young distilleries shill bid their own product up at auction to make their product out to be some amazing investment.
If you watch the market it's quite simple to notice.
I had wondered if that was happening. It's one of the things McLaren seem to have been weak on - helping support the second hand price of the market compared to Ferrari for example. When you consider the general costs of a whisky business "buying back" a few bottles in the secondary market which pushes up prices for your brand is a small amount of money, that you will likely get back from everyone jumping on the bandwagon because they think there is a big profit to be made for your releases.If you watch the market it's quite simple to notice.
Just wondering how you have seen it is distilleries for sure though, compared to general speculators trying to collect early releases etc?
NRS said:
LaurasOtherHalf said:
As NRS says, you need to look at completed auction prices-and even those aren't immune to influence to distort the market. We (I have a mate who owns a high end whisky shop/website) have watched a couple of young distilleries shill bid their own product up at auction to make their product out to be some amazing investment.
If you watch the market it's quite simple to notice.
I had wondered if that was happening. It's one of the things McLaren seem to have been weak on - helping support the second hand price of the market compared to Ferrari for example. When you consider the general costs of a whisky business "buying back" a few bottles in the secondary market which pushes up prices for your brand is a small amount of money, that you will likely get back from everyone jumping on the bandwagon because they think there is a big profit to be made for your releases.If you watch the market it's quite simple to notice.
Just wondering how you have seen it is distilleries for sure though, compared to general speculators trying to collect early releases etc?
Not for long however! He had a case left for sale at £85 a bottle IIRC, we took one each and the rest were sold within days. Because obviously it was worth £450 now
Obviously it could have been some rich collectors in China who couldn't order from a UK website but it seems to be quite accepted that most of them do it.
LaurasOtherHalf said:
I won't name names but the two in particular we saw doing it were selling limited numbered bottles from cases we knew hadn't left the distillery. Plus they were bidding up bottles that were freely available on the shelf in front of me and on all the main websites.
Not for long however! He had a case left for sale at £85 a bottle IIRC, we took one each and the rest were sold within days. Because obviously it was worth £450 now
Obviously it could have been some rich collectors in China who couldn't order from a UK website but it seems to be quite accepted that most of them do it.
It is tricky - I used to think for sure all this stuff is fake. Another example is when one bottle goes for say £200 in an auction, and another of the same ones goes for £350. However, having been the seller in a few times where that sort of thing happens I know it is genuine, and so not market manipulation by the seller. That's not to say it doesn't go on, but there is some weird stuff that is correct. I've also seen deleted bids from auction houses etc, they clearly list bottles that arrived after the official delivery deadlines etc. Not for long however! He had a case left for sale at £85 a bottle IIRC, we took one each and the rest were sold within days. Because obviously it was worth £450 now
Obviously it could have been some rich collectors in China who couldn't order from a UK website but it seems to be quite accepted that most of them do it.
For avoidance of doubt, I was invited over to watch the auction via the internet on the whole pretence of watching them do it.
A few months later we had a tasting evening by the distillery, with some special releases to buy on the night.
On ratching through what they had, two of us realised they had inadvertently brought 2 cases of the first batch which they were supposed to keep. I purchased numbers 005 and 007 of the release and after paying and getting the owner of said distillery to sign the bottles pointed out I was surprised to see such low numbers.
He panicked and squirrelled away what we hadn’t bought whilst laughing. We he said they were the ones he’d send to auction I remarked it’s a shame they lose them he winked and said they always buy them back.
It would appear it’s an open secret to those in the know.
A few months later we had a tasting evening by the distillery, with some special releases to buy on the night.
On ratching through what they had, two of us realised they had inadvertently brought 2 cases of the first batch which they were supposed to keep. I purchased numbers 005 and 007 of the release and after paying and getting the owner of said distillery to sign the bottles pointed out I was surprised to see such low numbers.
He panicked and squirrelled away what we hadn’t bought whilst laughing. We he said they were the ones he’d send to auction I remarked it’s a shame they lose them he winked and said they always buy them back.
It would appear it’s an open secret to those in the know.
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