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DillyT Master Of Malts

Joined: 18 Oct 2017 Posts: 333
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Posted: Sun Jul 18, 2021 3:46 pm Post subject: True values |
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I have been trying to work out the best way to work out the true value of the whisky I have. I am not planning on selling anything as quite a lot of it I want to open at some stage but I keep wondering what is it worth..
I have found Whiskyhunter but they are very expensive.. Are there any others out there? |
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lincoln imp Master Of Malts

Joined: 23 Dec 2007 Posts: 751 Location: Lincolnshire England
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Posted: Sun Jul 18, 2021 4:15 pm Post subject: |
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The general rule of thumb is that it is worth what someone is willing to pay for it and actions rather than shop prices are a good way to go.
The next thing is if depends whether your are valuing from a investor, collector or drinker's perspective, which of course are poles apart.
As an example the latest Macallan 30 year OB costs roughly 5k but from my drinkers perspective I would not value it more than £400-£500 tops for the taste experience it provided taking into account the % abv and age etc.
If you are going to drink them why worry about value, it is pretty much irrelevant. _________________ Pour me a glass please. |
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Scotchnthings Double Malt Member

Joined: 11 Feb 2019 Posts: 144
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Posted: Sun Jul 18, 2021 6:12 pm Post subject: |
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| I also think there are no true values. Its still a relatively small market that buys and sells whisky so prices can fluctuate more then 50% auction to auction depending on the bottle. I would say just check historical prices on the latest bottles sold on whiskyauctioneer for example. Might give you an idea. |
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Scotchnthings Double Malt Member

Joined: 11 Feb 2019 Posts: 144
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Posted: Sun Jul 18, 2021 6:12 pm Post subject: |
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| I also think there are no true values. Its still a relatively small market that buys and sells whisky so prices can fluctuate more then 50% auction to auction depending on the bottle. I would say just check historical prices on the latest bottles sold on whiskyauctioneer for example. Might give you an idea. |
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Andy M Master Of Malts

Joined: 09 Jul 2007 Posts: 1212
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Posted: Sun Jul 18, 2021 6:49 pm Post subject: |
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| I would gauge the current value of a whisky on what it has recently sold for at auction. |
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maltmad Member

Joined: 10 Jul 2021 Posts: 12
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Posted: Sat Jul 24, 2021 5:19 am Post subject: |
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| The real value can only be known by analysing sales at auctions. I use whiskyhunter.net for this purpose. Some may say it is expensive, but I think it is cheaper than the time I would have had to spend gathering this information myself. Given that I do whisky quite seriously, it's an invaluable tool for me. |
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maltmad Member

Joined: 10 Jul 2021 Posts: 12
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Posted: Sat Jul 24, 2021 5:22 am Post subject: |
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| Scotchnthings wrote: | | I also think there are no true values. Its still a relatively small market that buys and sells whisky so prices can fluctuate more then 50% auction to auction depending on the bottle. I would say just check historical prices on the latest bottles sold on whiskyauctioneer for example. Might give you an idea. |
The secondary market is already quite mature. It is several million in sales every month (according to open auction sales data). Yes, some bottles may jump higher and lower - but it's worth aiming for the average. |
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