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Low numbers of limited edition bottlings.
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Buncie
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PostPosted: Fri Jun 05, 2015 8:03 pm    Post subject: Low numbers of limited edition bottlings. Reply with quote

Does having the number 01 of a bottling of around 240 add any value. Do the numbers. Make any difference at all to values.
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Quaich1
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PostPosted: Fri Jun 05, 2015 8:15 pm    Post subject: Re: Low numbers of limited edition bottlings. Reply with quote

Buncie wrote:
Does having the number 01 of a bottling of around 240 add any value. Do the numbers. Make any difference at all to values.
Cheers


Welcome to the Forum. What is the distillery and edition? If it is a very desirable release, then yes. Post a photo and we can give you a more accurate answer.
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sorren
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PostPosted: Sat Jun 06, 2015 8:11 am    Post subject: Reply with quote

Bottle no 1 will always be worth a little more to a collector, like said it depends on what the bottle is, if it's a major distillery then someone will pay more, it also depends on the release, if it's something like balvenie single barrel bottle no1 then yes it's worth a little more but not vast amounts, if it's a true one off release of say Glenfiddich foundation reserve then who knows what a collector would pay.. So it's a guessing game, I hope it's a nice rare macallan or ardbrg bottle no1 you have.. Like said above give us a few more details please..
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Buncie
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PostPosted: Sat Jun 06, 2015 8:29 pm    Post subject: Reply with quote

Alas I don't think this one is quite a classic yet. It's a Signatory, Bowmore 1998 , aged 16 years, No1 of 233, cask No 800152.
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Quaich1
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PostPosted: Sat Jun 06, 2015 8:37 pm    Post subject: Reply with quote

Buncie wrote:
Alas I don't think this one is quite a classic yet. It's a Signatory, Bowmore 1998 , aged 16 years, No1 of 233, cask No 800152.
Cheers


Actually, that's a pretty good Bowmore expression and with such a limited release, it is desirable. I expect that No.1 would bump the value up considerably for a collector.
Very Happy
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Buncie
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PostPosted: Sat Jun 06, 2015 9:18 pm    Post subject: Reply with quote

Quaich1 wrote:
Buncie wrote:
Alas I don't think this one is quite a classic yet. It's a Signatory, Bowmore 1998 , aged 16 years, No1 of 233, cask No 800152.
Cheers


Actually, that's a pretty good Bowmore expression and with such a limited release, it is desirable. I expect that No.1 would bump the value up considerably for a collector.
Very Happy


That's good news. I'm quite new to this Whisky collecting malarkey and to have a decent purchase early on is pleasing. Sadly it was good luck and not knowledge that led to the purchase so it might not be so easy to repeat.
Any tips on buying keepers with a bright future.
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sorren
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PostPosted: Sat Jun 06, 2015 9:36 pm    Post subject: Reply with quote

There are a number of distilleries worth collecting, the popular ones, but be aware everyone else is also collecting them now.. Try get the closed distilleries, but also be aware that this " bubble" will nit last forever so also buy whisky that you can drink yourself if it goes tits up as they say, just remember the term " one of two hundred" does not mean bottle no 1.. I've had so many people offering bottle 1 instead of one off ? ... Collecting whisky for profit is a risky business... Do it for love and future drinking .. With the possibility of profit.. I tend to buy at least 2 of each, one to drink and one to collect.. Most are intended to drink but some have reached the point of possible sale bottles.. But good luck with your venture
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Diademo
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PostPosted: Sat Jun 06, 2015 9:38 pm    Post subject: Reply with quote

Buncie wrote:
Quaich1 wrote:
Buncie wrote:
Alas I don't think this one is quite a classic yet. It's a Signatory, Bowmore 1998 , aged 16 years, No1 of 233, cask No 800152.
Cheers


Actually, that's a pretty good Bowmore expression and with such a limited release, it is desirable. I expect that No.1 would bump the value up considerably for a collector.
Very Happy


That's good news. I'm quite new to this Whisky collecting malarkey and to have a decent purchase early on is pleasing. Sadly it was good luck and not knowledge that led to the purchase so it might not be so easy to repeat.
Any tips on buying keepers with a bright future.
Cheers


Most likely we are at the end of whisky boom (or at least in the beginning of the end). Probably this is not the best time to start a collection - try instead buying bottles and brands you are enjoying the most and have some potential for price rise in the future. If markets stagnate (or bubble burst), you will still have great collection that you can enjoy for many more years. There will be many disappointed collectors who are now buying bottles at premium prices.
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Buncie
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PostPosted: Sat Jun 06, 2015 9:51 pm    Post subject: Reply with quote

I will keep your advice in mind on future purchases
Many thanks.
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sorren
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PostPosted: Sat Jun 06, 2015 10:00 pm    Post subject: Reply with quote

It's a strange one, every one tells us that stocks are low, if that is so how will the " bubble " burst any time soon.. My belief is, it will go on for a year or two more, then things will change.. There will be an influx of whisky, prices won't drop so much as level out, people will of course be more picky in what they buy, like said its probably too late to collect in order to make millions Crying or Very sad ... So collect for fun, just like I said, be prepared to drink what you have bought, collect for a reason, your favourite distillery, your birth year, children's birth year or just the whisky you love, prices will rise n fall a bit, but they won't fall too far, the price in the shops will never go back to what they were, but back to your bottle.. Bottle 1 of a Bowmore, macallan, Glenfiddich, ardbrg, will always be worth a bit more, the collectors will want it.. But be aware it tastes just the same as bottle 21 or 101.. If the price does plum it .. Drink it.. It's just the same whisky.. Enjoy it...
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Buncie
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PostPosted: Sat Jun 06, 2015 10:03 pm    Post subject: Reply with quote

sorren wrote:
There are a number of distilleries worth collecting, the popular ones, but be aware everyone else is also collecting them now.. Try get the closed distilleries, but also be aware that this " bubble" will nit last forever so also buy whisky that you can drink yourself if it goes tits up as they say, just remember the term " one of two hundred" does not mean bottle no 1.. I've had so many people offering bottle 1 instead of one off ? ... Collecting whisky for profit is a risky business... Do it for love and future drinking .. With the possibility of profit.. I tend to buy at least 2 of each, one to drink and one to collect.. Most are intended to drink but some have reached the point of possible sale bottles.. But good luck with your venture


The bottle I have is number One of 233. Collecting is just a bit of fun for me nothing serious, and if it goes tits up as you say I will have a very pleasant time consuming the buggers. Unlike yourself I have to buy my bottles singly as "the leader of the opposition" doesn't share my view that multiple bottles represent good value !!.
Closed distilleries, I have a couple of these already.
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Diademo
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PostPosted: Sat Jun 06, 2015 10:45 pm    Post subject: Reply with quote

sorren wrote:
It's a strange one, every one tells us that stocks are low, if that is so how will the " bubble " burst any time soon.. My belief is, it will go on for a year or two more, then things will change.. There will be an influx of whisky, prices won't drop so much as level out, people will of course be more picky in what they buy, like said its probably too late to collect in order to make millions Crying or Very sad ... So collect for fun, just like I said, be prepared to drink what you have bought, collect for a reason, your favourite distillery, your birth year, children's birth year or just the whisky you love, prices will rise n fall a bit, but they won't fall too far, the price in the shops will never go back to what they were, but back to your bottle.. Bottle 1 of a Bowmore, macallan, Glenfiddich, ardbrg, will always be worth a bit more, the collectors will want it.. But be aware it tastes just the same as bottle 21 or 101.. If the price does plum it .. Drink it.. It's just the same whisky.. Enjoy it...


There are many reasons why markets collapse - and it's not necessary that they collapse totally. Through whisky history, at the end, there was always oversupply (whisky lochs were created, same as wine lakes, butter mountains:). Distilleries are now building new capacities as never before in decades, prices of single malts are skyrocketing - in the same time exports (volume) of Scottish whisky is steadily falling three years in a row. New spirits are becoming more popular; there is trend toward rum, craft gin and other spirits. IMO Scottish single malt will somehow follow the road of craft beer, cognac and other once popular drinks and we can expect severe growth deceleration. Producers are in this game for long time and most of them know what's going on; they've already started curb investments (Mortlach and other projects) and trying to milk the market. The question is how fast changes will happen and more importantly, what will be reaction of the market and producers.
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sorren
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PostPosted: Sun Jun 07, 2015 7:54 am    Post subject: Reply with quote

When you listen to the " in the know people" the distilleries have not got enough stocks to supply foreign markets alone, the likes of Asia are wanting more and more, I just wonder if the export figures are not rising because there are not enough stocks to actually export, I was talking to a chap from one distillery ( a major one ) and if they sold all their stocks to Asia they still could not fulfil what is needed..
Buncie that is a common problem, " the leader of the opposition " as you call her, is usually the sensible one.. Although I buy two of most of my whiskys, sometimes more than two, I don't always buy them together, I look for bottles that are being discontinued, the popular ones that are loved by many, it's not always about making vast amounts of money, maybe just a slightly better result than money in the bank... Also as prices rise I have years of stocks to drink purchased at good prices,
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opelfruit
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PostPosted: Sun Jun 07, 2015 8:09 am    Post subject: Reply with quote

For what it's worth, my two peneth....

Bottle number 1 of 233 from a independent bottler isn't going to be worth much. Most die hard collectors (the ones that spend big money and would rather pay more for bottle number 1) are looking for limited releases from Official Bottlings, not Independents. IBs mainly put out single casks, because that's what they an get their hands on, as such there tends to be a lot of them about. As opposed to distillery bottling which tend to be large vattings. So when a distillery does a single cask or small batch with numbered bottles they are more rare and a lot more collectable.


My advice? Just drink it.
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sorren
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PostPosted: Sun Jun 07, 2015 8:16 am    Post subject: Reply with quote

Opel, I agree but it's not always the big collectors that want the bottle 1, new collectors and limited funds collectors will jump on indie bottles numbered no1, they have little chance of the ob bottles no1, all collectors want a no1 of some sort, I have several single cask bottle no1 and although they are both distillery editions and indies they mean the same.. But like you said .... Just drink it, not bad advice, but then it is a nice talking point Very Happy
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