Anyone who collects things but doesn't experience or fully enjoy what they are supposedly collecting, is sure to expire unsure of what they spent a portion of their life collecting
It drives me insane people collect botlles, sell them at 600% of the normal price, and have no clue whatsoever what they just sold. because of that, the true whiskyfans will never get to taste some of the finest bottlings around. On the other hand, collecting stuff has always been a hobby for people, and if they actually taste the bottles i have no problem with it, specially if it means someone else can buy the bottle years and years later and get to taste it after all.
And coins were meant for spending, so use those sovereigns
And stamps were meant for sending letters, so stick those penny blacks on envelopes (NB - you need 77 of them to cover the 32p postage for a first class letter)
And vases were meant for putting things in, so put your flowers in the Ming
And books were meant for reading, so go to the British Library and ask to borrow Caxton's Bible
And castles were meant to be lived in, so turn them into flats
And roads were meant for horses, so bring back the 4mph speed limit
(With apologies to John Paul Jones)
...and I reiterate:
Muskrat Portage wrote:Elli: The distillers art, to be truly appreciated, must be sampled. You do a great disservice to the labours of the unsung heroes of the distillery if you squirrel it away and never celebrate it.
I personally like to drink some and to save some. Certainly the more collectible bottles go into my collection with a view to holding on to them.
Probably to sell at some point in the future.
That future price is dictated by the market - the buyers! Not the sellers who actually don't just ask high prices without knowing what they are selling.
If I do sell a bottle later and it is at a profit, then I have no problem with that. In fact I will be happy that it has probably been bought by someone else who will continue to enjoy it in their own way, whether by retaining it further or by drinking it.
In my experience, almost all whisky collectors are very knowledgeable people who are also whisky enthusiasts of the drinking type, not just speculators who buy blindly with no knowledge, as has been hinted elsewhere here.
And of course, plenty of non-vintage whiskies (or at least whiskies without vintages printed on the label) become collector's items. Ardbeg Provenance doesn't have a vintage statement, does it? I can't remember.
Regardless, I can't agree with the idea that any whisky is for collectors and not for drinkers. Except maybe that Laotian snake whisky. Whisky is made for drinking - everything is for drinkers. Some of it is for collectors as well, but that doesn't mean it's not for drinkers too.
I have many bottles that are unopended purely because I have respect for my liver and general well-being - but I am not a collector. I pick them up when there is an offer on on because I like the stuff inside the bottle. I always fully intend to drink the contents
Crieftan wrote:Drink and be merry for tomorrow we may surely die.
There have been a number of posts lately along the lines of "I've inherited my grandfather's whisky collection" or "I found these whiskies in the basement". These have me eyeing my 75 or so bottles and thinking that I don't want to leave them to anyone! Okay, if I get hit by a truck tomorrow, I hope Bob will come over and pick them up (and I'm sure he won't waste any time, because when you guys get the news, no doubt a horde of vultures will descend on Springfield), and split them up with Ron and Win. But on the day that I keel over at the age of 94 or so, I hope at least that the remaining bottles are all open and half empty. He who dies with the most full bottles loses.
MacLover wrote:My first take on this is I would say all whisky is for drinking, On second thought I am sure there is a large population of people who can afford to drink a $3000-$5000 bottle of whisky or pay $200 a dram .
lbacha wrote:Unfortunatly alot of those people probably don't even appreciate the whisky they just want the most expensive thing on the shelf. I don't think that is the best way to pick em but some people do.
I agree with you guys but unfortunately (or fortunately) I will never pay that much for a bottle so good luckto them. It's a different league and fair play to these guys if they want to blow money on these whiskies just to show off. I really don't feel I'm missing out on anything as I have plent others to try. Further what we drink today may be worth these prices in years to come so it is all swings and round-abouts. And if I happen to hang onto a bottle long enough to reach that price I will be deffinately selling it
The hard part is going to be not drinking it first.
I think it would be hard being a whisky drinker and investor. I'd have to hope empty bottles were worth something.
Either that or buy alot more whisky than I can ever drink.
Your last statement is where I'm at but alot of my bottles will never be worth anything much. I am trying to collect to have a snap shot of Irish whiskey over a period with a few older ones thrown in. I feel I'm going to be providing a historical look at irish Whiskey in 10-20 years time.
MrTattieHeid wrote:IWC, I think that is as worthy a goal as anyone can have in collecting anything.
Cheers MrT. I keep telling my missus of the bottles that are appreciating but never mention that the majority are just run of the mill bottles. It keeps her happy I going to have to start winding down though at some stage in the near future.
I reckon my next project will have to be to create an Irish Islay
Nick Brown wrote:lbacha wrote:I use to manage a bar and alot of time I would get people coming in saying it is a special occation or something and they want the most expensive dram we had.
Did you kept a very rare bottle of Fettercairn 1824 (£20 a dram) just for those customers?
Nope just a much overpriced dram of JW Blue Label, as well as some Louis the 13th for the ones that really wanted to impress someone.
MrTattieHeid wrote: ...These have me eyeing my 75 or so bottles and thinking that I don't want to leave them to anyone! Okay, if I get hit by a truck tomorrow, I hope Bob will come over and pick them up ... and split them up with Ron and Win.
I have a deal with Joy, when I pass on, my friends are to come over and pick a bottle each and a model train each. The rest that are sealed will be sold, the open ones are for the wake. (I guess the same goes with Bob, Ron and Win, eh?)
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