How best to get a value on any single malt product?

[rayfaetroon60]

I am relatively new at just 2 years with an interest in mainly long term investments, and collecting limited editions/releases,
How do you know the value with a view to selling on and re-investment into the product?
I have looked at 2 Glasgow based auction websites, guess I had better not name any, the winning bid price is listed.
I have some bottles within 10% of retail price paid, some over, and a few under the retail price paid.
Having looked at search engines for both individual brands, and for auction houses, it's a 'minefield' of poor matches to the search wording used!

On said auction sites, the winning bid as we know attracts variable [6% to 10%] hammer price, but what is the VAT % set at & on?

Thank you

[edinburghlandlord]

In my opinion two years isn't a long term investment. If I have mistaken you then I apologise but there is no point checking fees until you actually want to sell. VAT is payable on the commission and charged at 20%

[Blakey]

The Glasgow based auctions such as scotchwhiskyauctions.com and mctears.co.uk are probably the best place to gauge the current value any whisky is selling for. Selling prices can always vary quite a bit depending on the bidders interest on the final day of auction. One or two whiskies can make a short term turn around profit but really 2 years isn't long. You will find details of all the costs of selling on the whisky auction websites

[MarkH]

I run http://www.whiskyvaluations.uk/ you could try that.

[rayfaetroon60]

Hi Landlord of Edinburgh,

I would agree with the 2 year term as not being classed as long term, but I disagree with you over checking prices.
One Springbank bottle I have has increased 4 fold in as many weeks, another, an Arran also increased 2 fold, in less than as many weeks, but has slipped back a wee bit until at least the next 1 & 2 are released.

Other limited releases, or acquired collectable bottles after two years are within £10 of the purchase price.
It's an interesting exercise in finding out for the medium to long term future, how to check for current values, and like other investment opportunities, they do decrease a wee bit.

Thank you for your candid reply though.

[unblended]

whisky prices are a bit all over the place certain ones are doing well and others not so well
the macallan folio is one I cant remember the price they retailed for
one seller is trying to get £440.00 for his he has four of them hasn't looked at auction prices
and may get stuck with them



richard