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My most recent one was a 20YO, Old Malt Cask, Cask Strength, Macallan distilled in 1993. I bought it without doing any research as I thought it must be in safe investment territory. Now that I’ve looked at auction examples of similar bottles, I’m thinking that may have been a mistake and I may just drink it.
But, as I tasted it in the Whisky Shop, it will be a pleasant mistake.
jmrl wrote: So I haven't bought anything to collect for a while but iif I did it would start with a 'B' and end in a 'rora'.
I have been thinking of buying a Brora to collect for years, but haven't got round to it. But I do have a distillery only cask strength 14 YO Clynelish which I bought a few years back and hurriedly tried at the distillery. It never shows up in any auction though so I don't know how its doing investment wise.
Willie JJ wrote:...with whisky prices rising at the rate they are, it's good to have stocks.
Would that I'd known that back in the 1970s and early 1980s. Alas, the 'golden era' of veritable bargains appears to now be nothing more than an historical footnote. And official distillery releases from presently closed sites that could be had for a song now fetch ridiculous prices through specialty retailers and/or auction houses.
Not that I would ever have purchased anything merely to collect and not to drink, mind you.
Willie JJ wrote:The price of 18yo Macallan is now insane.
Haven't bought a bottle in eons, though I do periodically sample newer releases.
I suppose this speaks well for my 'sanity'.
As to the issue of newer expanding markets allied to increased consumer demand for premium and ultra-premium whiskies driving prices for most products higher and higher, I can't help but suspect that the executive and managerial levels of many spirits companies are underestimating the volatility of the marketplace and the potential for a rather sudden and severe downturn in sales.
Then took the dog a walk on Dornoch beach. What a pleasant day!
And bought a Quinta Ruben to have a dram tonight.
Willie JJ wrote:Those bottles are about £30 here now and those companies are the ones that have longest resisted the price increases in the standard bottlings. Diageo typically look for around £40 for their entry level whiskies now and others are worse.
The view from the industry is that the potential for expansion into new markets is so great that there is no medium term prospect of a downturn. I share your view that this is shortsighted, but I think we can expect it to get worse for the forseeable future.
It wasn't that long ago I bought a Tomatin Legacy from the distillery for £25. There is still some low cost quality around. And Tesco's Islay malt for £21 is nice too.
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