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Olorin
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Joined: 27 Sep 2015
Posts: 351
Location: Glasgow
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CGRenn
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Joined: 09 Feb 2015
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 Posted: Fri Dec 01, 2017 9:34 pm Post subject: |
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Ohh exiting! How annoying it’s before Christmas ! Quite pricey too, but I’m up for it  |
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Olorin
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Joined: 27 Sep 2015
Posts: 351
Location: Glasgow
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| Posted: Sat Dec 02, 2017 7:24 am Post subject: |
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| I have been very tempted. But think i'll have too give it a miss. Quite expensive indeed! |
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lincoln imp
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Joined: 23 Dec 2007
Posts: 751
Location: Lincolnshire England
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| Posted: Sat Dec 02, 2017 12:11 pm Post subject: |
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You get a good distillery like Springbank, use the Local Barley catchphrase (synonomous with great aged well crafted single casks of yesteryear) and hey presto you get a whopping price tag of £86 for a 10 year cask strength.
You must be mad to pay that for a 10 year, but people will pay it and the prices will keep going up.
Springbank usually are keenly priced and one of the few value distillers left so I hope this is not a testing the water by them to see if they can get away with it scenario because you only have to look at the Lagavulin 8 year release to know how it usually ends.
A sign of the times perhaps??????
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Alexppp
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Joined: 16 Jul 2010
Posts: 1791
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| Posted: Sat Dec 02, 2017 12:32 pm Post subject: |
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| lincoln imp wrote: |
Springbank usually are keenly priced and one of the few value distillers left so I hope this is not a testing the water by them to see if they can get away with it scenario because you only have to look at the Lagavulin 8 year release to know how it usually ends. |
I'm not sure I get the Lagavulin 8 reference, how did it end? |
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lincoln imp
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Joined: 23 Dec 2007
Posts: 751
Location: Lincolnshire England
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| Posted: Sat Dec 02, 2017 12:57 pm Post subject: |
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| Alexppp wrote: | | lincoln imp wrote: |
Springbank usually are keenly priced and one of the few value distillers left so I hope this is not a testing the water by them to see if they can get away with it scenario because you only have to look at the Lagavulin 8 year release to know how it usually ends. |
I'm not sure I get the Lagavulin 8 reference, how did it end? |
They tested the water with the 8 year anniversary release, people liked it so then it is in their core range, it remains to be seen whether the 16 year will continue at its current price or rise in price as the 8 year is in place (where the 16 used to sit) or disappear altogether who knows.
If the springbank is a one off then ok, but if people are prepared to spend £86 on a 10 year then what will springbank think they could charge for a 5 to 8 year, so not the full NAS but a lowering of the core age statement range, ala Lagavulin
It may not happen, I hope it doesn`t and I am wrong but all the major spirits companies are looking to increase revenue, they are always testing the water.
I thought the Kilkerran 12 year was great value and I sincerely hope Springbank distillery remains in that vein so fingers crossed.
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CGRenn
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Joined: 09 Feb 2015
Posts: 684
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| Posted: Sat Dec 02, 2017 5:33 pm Post subject: |
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| Have to say I agree with you Lincoln. I was with my whisky club the other month and we were discussing the price point and when we can expect It. We guessed mid Jan with a RRP of £65. Blew us out the water! I don’t get why it’s this expensive, understand the barley price was slightly more expensive but come on! I got the 14 Year Old Bourbon wood in October and it was 59£?! |
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unblended
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Joined: 20 Mar 2015
Posts: 439
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| Posted: Sat Dec 02, 2017 9:07 pm Post subject: |
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your lucky it wasn't a macallan it would be about five grand 
richard |
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krakow
Double Malt Member
Joined: 20 Jun 2010
Posts: 179
Location: Glasgow
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dramblersanonymous
Master Of Malts
Joined: 11 Aug 2015
Posts: 439
Location: London
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| Posted: Sat Dec 02, 2017 11:55 pm Post subject: |
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I'd rather a distillery like springbank took a little more of the secondary market price than they usually do. They employ something like 25 people in the local community - significantly more than most distilleries - so the marginal premium on the regular stuff is worth it for me.
I agree that the best part of £90 is an awful lot for a bottle of 10 year old whisky. As previously mentioned, the barley is probably a little expensive but not 3x the price. Something I was thinking about was if it is something they are particularly proud of or is better than anticipated, then maybe there's a justified premium? |
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dramblersanonymous
Master Of Malts
Joined: 11 Aug 2015
Posts: 439
Location: London
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| Posted: Sat Dec 02, 2017 11:57 pm Post subject: |
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| Ha! Missed the previous message. Pretty reasonable justification. |
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lincoln imp
Master Of Malts
Joined: 23 Dec 2007
Posts: 751
Location: Lincolnshire England
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| Posted: Mon Dec 04, 2017 12:16 am Post subject: |
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There are a few things wrong with their statement:-
1 - However, we are aware of the secondary demand for these bottles amongst whisky collectors and the manner in which that can drive prices up very quickly.
Actually not collectors but flippers and chancers, please do not confuse the genuine Springbank collector with the type of person we all know about who buys 10-12 bottles in one go and hawks them round all the auction sites and other forums.
2 - Due to the success and popularity of the previous Local Barley, we feel we could have set our pricing much higher for this release if we were purely concerned about maximising profit.
This phrase actually is far from being true because they are actually maximising profit at this price point but they have the cheek to try telling everyone they are doing them a favour - really, come on guys?
3 - `We express no judgement on the practice of “flipping†(buying bottles and immediately making them available on the secondary market) other than to re-iterate that this whisky will be distributed around the world over the coming weeks, albeit in relatively low numbers in comparison to the expected demand, and at prices much closer to what we would consider reasonable than those we have already seen on some websites`.
This is quite subtle what they are saying if you read between the lines is that the bottle run is quite small so if you do not get one straight away you will be paying much more thanks to all the flippers who they refuse to condemn . They are putting the seeds of panic buying well and truly in place with that paragraph, this is a sharp sales pitch if I ever heard it?
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dramblersanonymous
Master Of Malts
Joined: 11 Aug 2015
Posts: 439
Location: London
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| Posted: Tue Dec 05, 2017 7:54 am Post subject: |
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| That's all a bit cynical for me. At least they are communicating. Macallan on the other hand...! £500 for a 15yro. |
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lincoln imp
Master Of Malts
Joined: 23 Dec 2007
Posts: 751
Location: Lincolnshire England
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| Posted: Tue Dec 05, 2017 8:57 am Post subject: |
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| dramblersanonymous wrote: | | That's all a bit cynical for me. At least they are communicating. Macallan on the other hand...! £500 for a 15yro. |
You are right, I am a bit cynical at the moment, especially when the likes of Springbank and Glenfarclas, start to join the corporate cloud and use well versed sales speak.
I agree with you about the Macallan, a pale imitation of a brand now that bears absolutely no resemblance to its past former glories
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davidbe
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