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torcross Double Malt Member

Joined: 28 Jan 2014 Posts: 168 Location: WIRRAL
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Posted: Tue Jan 28, 2014 4:34 pm Post subject: Port Ellen 'Old & Rare' 1982 30 year platunum |
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I was looking at the above bottle but could not justify the price tag my dealer was asking (£439), I asked him what was the best price he could do and he then said he has a bottle with about 50 - 60 ml missing as the seal has broken, he said this only happened about a month or so ago, before I reveal how much i was offered it for can I ask how much you would pay?. Just to mention the seal is still part on and it comes fully boxed, the retail price on whisky exchange is £599.
I look forward to your replies
Thanks
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albo Master Of Malts

Joined: 22 Mar 2011 Posts: 1888
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Posted: Tue Jan 28, 2014 4:42 pm Post subject: Re: Port Ellen 'Old & Rare' 1982 30 year platunum |
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| torcross wrote: | I was looking at the above bottle but could not justify the price tag my dealer was asking (£439), I asked him what was the best price he could do and he then said he has a bottle with about 50 - 60 ml missing as the seal has broken, he said this only happened about a month or so ago, before I reveal how much i was offered it for can I ask how much you would pay?. Just to mention the seal is still part on and it comes fully boxed, the retail price on whisky exchange is £599.
I look forward to your replies
Thanks
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Why would you not tell us what he's offering it to you for? It makes me think something fishy is afoot.
In the spirit of joining in I'd say I'd pay the man nothing for it. I wouldn't trust that it was in fact a real bottle containing real contents. However, if you don't want that as a cop out answer then...
At the above price your talking a collecting whisky or investment whisy, not a drinking whisky, so if it's lost 50/60ml in a couple of months, it won't take long till it's all gone. For me to buy at that price it would have to be at a drinking price, so £30 - £40. Let's call it an even £33.33 |
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TheWM Master Of Malts

Joined: 26 Nov 2012 Posts: 2037 Location: Cheshire
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Posted: Tue Jan 28, 2014 6:11 pm Post subject: |
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I'd have offered him £35, maybe up to £50, depending on my mood.
This is safe in the knowledge that he has already written off the cost of the bottle and anything he gets now is a nice little bunsen.
I'd mention that to him too if he got too shirty, but then, if I was in one of those moods, I'd be up for a row and let him know in no uncertain terms that trading standards / taxman / D&L would love to know about these going ons.*
Soon learn him.
* of course, I wouldn't ever grass him up. Just good to have leverage  |
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albo Master Of Malts

Joined: 22 Mar 2011 Posts: 1888
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Posted: Tue Jan 28, 2014 6:15 pm Post subject: |
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| TheWM wrote: | I'd have offered him £35, maybe up to £50, depending on my mood.
This is safe in the knowledge that he has already written off the cost of the bottle and anything he gets now is a nice little bunsen.
I'd mention that to him too if he got too shirty, but then, if I was in one of those moods, I'd be up for a row and let him know in no uncertain terms that trading standards / taxman / D&L would love to know about these going ons.*
Soon learn him.
* of course, I wouldn't ever grass him up. Just good to have leverage  |
I like your posts more and more! |
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torcross Double Malt Member

Joined: 28 Jan 2014 Posts: 168 Location: WIRRAL
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Posted: Tue Jan 28, 2014 6:23 pm Post subject: |
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Hi cheers for the reply, nothing fishy, I actually paid £80 and think it is a fair price for something I could never afford, even if it is 50ml lost it will still give me a chance to have the other 650ml.
Would you seriously only pay £33.33 for it ?
I do trust the seller so for me i do not dispute that the contents are genuine.
Could you please explain how it will continue to lose its contents (other than me drinking it). |
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opelfruit Master Of Malts

Joined: 19 Feb 2013 Posts: 1900 Location: Trapped inside this octavarium
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Posted: Tue Jan 28, 2014 6:39 pm Post subject: |
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| torcross wrote: |
........Could you please explain how it will continue to lose its contents (other than me drinking it). |
Alcohol evaporates (you know, the old "angels share" in the casks). It evaporates in the bottle too, but there is a lid and a seal.
Once the seal is broken, if the cork isn't 100%, or a bit duff (which it is with a lot of Independant Bottlers) or even if things are ok, alcohol vapours can escape. The theory is that the vapours keep the cork moist and snugly fit, but it doesnt always happen.
Water also evaporates.
Whisky is water+alcohol = evaporation.
Wanna give it a try? Put a dram of cheap stuff in a glass and leave it out on the side for a few days and see what happens.
I also suspect it's lost 50ml or so as he's been using it as a sampler, probably for himself :D (that's what I'd do) _________________ "Too much of anything is bad, but too much good whisky is barely enough." |
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TheWM Master Of Malts

Joined: 26 Nov 2012 Posts: 2037 Location: Cheshire
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Posted: Tue Jan 28, 2014 6:44 pm Post subject: |
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| albo wrote: |
I like your posts more and more! |
Aww, shucks
That's what drew our wife towards me
| torcross wrote: | Hi cheers for the reply, nothing fishy, I actually paid £80 and think it is a fair price for something I could never afford, even if it is 50ml lost it will still give me a chance to have the other 650ml.
Would you seriously only pay £33.33 for it ?
I do trust the seller so for me i do not dispute that the contents are genuine.
Could you please explain how it will continue to lose its contents (other than me drinking it). |
How do you think it's lost the first 50ml?
£80, is a fair price (if it is kosher), although if he took £80, he'd have taken £50.
My mate who works for Mortlach has a rule that is, anywhere he goes that sells good whisky, he enquires about what bottles are unopened for sale.
If they have any that he has in his collection, he immediately orders one, for two reasons:
1. So he can taste what it's like, and
2. Immediately his bottle is worth a little bit more.
His view is that a bottle is essentially worthless once open and to a certain degree I agree with him. Could be anything in there. Even bourbon In fact, now I think about it, did he give you a receipt??? |
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albo Master Of Malts

Joined: 22 Mar 2011 Posts: 1888
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Posted: Tue Jan 28, 2014 7:00 pm Post subject: |
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| TheWM wrote: |
| torcross wrote: |
Could you please explain how it will continue to lose its contents (other than me drinking it). |
How do you think it's lost the first 50ml?
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Summed up in 9 words |
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torcross Double Malt Member

Joined: 28 Jan 2014 Posts: 168 Location: WIRRAL
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Posted: Tue Jan 28, 2014 7:13 pm Post subject: |
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I am aware of the angels share etc but the obvious solution is to place it in another bottle, anyway at £80 I'm willing to give it a try.
thanks for the advice |
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Blackadder Master Of Malts

Joined: 31 Jan 2010 Posts: 1734 Location: UK
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Posted: Tue Jan 28, 2014 7:26 pm Post subject: |
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| If i 100% trusted the seller i would certainly go for it at £80, I hope it is a good one torcross. |
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albo Master Of Malts

Joined: 22 Mar 2011 Posts: 1888
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Posted: Tue Jan 28, 2014 7:36 pm Post subject: |
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| torcross wrote: | I am aware of the angels share etc but the obvious solution is to place it in another bottle, anyway at £80 I'm willing to give it a try.
thanks for the advice |
Yes putting it in another bottle will stop the problem. As I said above losing that amount in months on a collecting or investment whisky is daft, your point of moving it to another bottle makes it worthless as an investment or collectable, so your back to my buying it to drink. As for the price £80 you paid seems to be a good price for it especially as you have such trust in the guy who sold it you. If still not part with more than £40 for it. I trust he is a shop or something similar so to him the bottle was worth only as much as he could get someone to part with. Why do you think he sold a £600 whisky to you for £80? He couldn't sell it for more that's why, which goes back to TheWMs point that if he took £80 hed have taken £50. I wonder if he is a shop would it have been a better PR exercise to give away samples to people in his shop? Once word of that got out he would have been flooded with punters |
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TheWM Master Of Malts

Joined: 26 Nov 2012 Posts: 2037 Location: Cheshire
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Posted: Tue Jan 28, 2014 7:43 pm Post subject: |
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| albo wrote: | | I wonder if he is a shop would it have been a better PR exercise to give away samples to people in his shop? Once word of that got out he would have been flooded with punters |
I thought that totally; if that had happened in any shop I knew, I would always walk in...
Maybe he needs the £80 quid more than the customers, which doesn't make sense
Can you put a pic up? I'm sure it's fine. But I'm curious now. |
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torcross Double Malt Member

Joined: 28 Jan 2014 Posts: 168 Location: WIRRAL
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Posted: Tue Jan 28, 2014 8:14 pm Post subject: |
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TheWM Master Of Malts

Joined: 26 Nov 2012 Posts: 2037 Location: Cheshire
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Posted: Tue Jan 28, 2014 9:13 pm Post subject: |
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Hard to be sure from the pictures, but I'm assuming the colours in the top label are platinum, if so, would match what I've seen.
I was more curious as to how the seal was opened. And from a very untrained eye, it looks like someone's had a nip. I can't see how that bottle has lost that much by having the seal slightly broken, without in the very least the cork being unleashed.
When was it bottled, 2 years ago?
I do caveat that I've never opened a bottle (seal) and left it for a couple of years to see how much has evaporated, so I expect to stand corrected. |
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torcross Double Malt Member

Joined: 28 Jan 2014 Posts: 168 Location: WIRRAL
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Posted: Tue Jan 28, 2014 9:57 pm Post subject: |
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| It is part of the platinum range and yes it was bottled in 2012, like everything the price changes quickly (look at auctions for snow phoenix 3 months ago you could pick up a bottle for £100 and now its a least double) but the guy who owns the company assures me he paid wholesale £270 in 2012. |
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