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unblended Master Of Malts
Joined: 20 Mar 2015 Posts: 437
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Posted: Sat Mar 30, 2019 8:13 am Post subject: |
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does that include all the single bottles that are in the auction |
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lincoln imp Master Of Malts
Joined: 23 Dec 2007 Posts: 751 Location: Lincolnshire England
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Posted: Sat Mar 30, 2019 9:54 am Post subject: |
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unblended wrote: | does that include all the single bottles that are in the auction |
No it does not
SWA have in in total 570 lots (including the 111 full full sets) and Whisky auctioneer 400 so I doubt priced will be very high, we will see? _________________ Pour me a glass please. |
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dirge Member
Joined: 21 Jan 2019 Posts: 16
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Posted: Mon Apr 01, 2019 11:56 am Post subject: |
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The Lagavulins were going for £45 so £20 below retail. |
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lincoln imp Master Of Malts
Joined: 23 Dec 2007 Posts: 751 Location: Lincolnshire England
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Posted: Mon Apr 01, 2019 4:08 pm Post subject: |
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dirge wrote: | The Lagavulins were going for £45 so £20 below retail. |
This is what happens when flippers do not do their homework and think something that is relatively cheap and quite widely available with make them a handsome profit.
Timing is everything the few that were in the 93rd & 94th SWA went for £230-£360, that figure was noted by everyone with an avalanche of bottles on the 95th and hey presto, losses. _________________ Pour me a glass please. |
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unblended Master Of Malts
Joined: 20 Mar 2015 Posts: 437
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Posted: Mon Apr 01, 2019 5:17 pm Post subject: |
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dont you just love when a plan comes together
some people are still trying to sell the empty containers for £ 800.00
on gumtree |
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Scotchnthings Double Malt Member
Joined: 11 Feb 2019 Posts: 144
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Posted: Mon Apr 01, 2019 5:26 pm Post subject: |
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Diageo knows how to play the market, and as they are all sold out (seamingly) they just bottle some more in the meantime. |
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CountDramcula Member
Joined: 08 Feb 2019 Posts: 13
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Posted: Fri Apr 05, 2019 8:28 am Post subject: |
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Just looked at the bottles of Thrones Lochnagar on WA and can't understand why the first couple of lots are already bid up to silly money while the other 100 odd bottles are sitting at 15 quid each...
The logical thing would be to filter by lowest price first and bid accordingly; surely people aren't that lazy that they'll pay wildly over the odds for the first bottle that appears in the search results (currently £110), when another bottle for a tenth of the price is available in the later lot numbers.....seems a bit fishy to me.... |
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unblended Master Of Malts
Joined: 20 Mar 2015 Posts: 437
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Posted: Fri Apr 05, 2019 9:14 am Post subject: |
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it does makes you wonder sometimes it must be certain buyers
i think they will eventually all will be a lot more money
if i bid i do it later so hopefully you dont pay silly money as some do early on
something similar used to happen on ebay and the bids can get pushed up |
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davidbe Master Of Malts
Joined: 28 May 2015 Posts: 497
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Posted: Fri Apr 05, 2019 11:28 am Post subject: |
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CountDramcula wrote: | Just looked at the bottles of Thrones Lochnagar on WA and can't understand why the first couple of lots are already bid up to silly money while the other 100 odd bottles are sitting at 15 quid each...
The logical thing would be to filter by lowest price first and bid accordingly; surely people aren't that lazy that they'll pay wildly over the odds for the first bottle that appears in the search results (currently £110), when another bottle for a tenth of the price is available in the later lot numbers.....seems a bit fishy to me.... |
Never rule out money laundering... haha |
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lincoln imp Master Of Malts
Joined: 23 Dec 2007 Posts: 751 Location: Lincolnshire England
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Posted: Fri Apr 05, 2019 1:38 pm Post subject: |
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CountDramcula wrote: | Just looked at the bottles of Thrones Lochnagar on WA and can't understand why the first couple of lots are already bid up to silly money while the other 100 odd bottles are sitting at 15 quid each...
The logical thing would be to filter by lowest price first and bid accordingly; surely people aren't that lazy that they'll pay wildly over the odds for the first bottle that appears in the search results (currently £110), when another bottle for a tenth of the price is available in the later lot numbers.....seems a bit fishy to me.... |
There are two trains of thought here, the first is that some people cannot be bothered to wait so just bid high to start with and hope it is high enough.
The 2nd view ia that some auctions may have a lot of bottles and bid up a few to high levels price wise just to drum up interest and encourage people to bid more.
I have noticed some auction sites that have been set up in the last few years seem to get really high returns yet have little exposure, high returns on paper at least?
I do think generally on some auction sites there is some things that make little sense. to me anyway. _________________ Pour me a glass please. |
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lincoln imp Master Of Malts
Joined: 23 Dec 2007 Posts: 751 Location: Lincolnshire England
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Posted: Fri Apr 05, 2019 1:38 pm Post subject: |
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CountDramcula wrote: | Just looked at the bottles of Thrones Lochnagar on WA and can't understand why the first couple of lots are already bid up to silly money while the other 100 odd bottles are sitting at 15 quid each...
The logical thing would be to filter by lowest price first and bid accordingly; surely people aren't that lazy that they'll pay wildly over the odds for the first bottle that appears in the search results (currently £110), when another bottle for a tenth of the price is available in the later lot numbers.....seems a bit fishy to me.... |
There are two trains of thought here, the first is that some people cannot be bothered to wait so just bid high to start with and hope it is high enough.
The 2nd view ia that some auctions may have a lot of bottles and bid up a few to high levels price wise just to drum up interest and encourage people to bid more.
I have noticed some auction sites that have been set up in the last few years seem to get really high returns yet have little exposure, high returns on paper at least?
I do think generally on some auction sites there is some things that make little sense. to me anyway. _________________ Pour me a glass please. |
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Bazzaritchie New Member
Joined: 17 May 2018 Posts: 3
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Posted: Fri Apr 05, 2019 3:09 pm Post subject: |
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But they are all (apart from the Cardhu) still available on amazon! Am I missing something? I had pre ordered them all and then cancelled as I won a Genesis and couldnt justify both to the wife! There seems to be a never ending stock so why are people paying through the nose to buy at auction? |
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deadz101 Double Malt Member
Joined: 02 Feb 2016 Posts: 181 Location: scotland
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Posted: Fri Apr 05, 2019 7:29 pm Post subject: |
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The lunacy of herd mentality both buying and selling. Have to say I’ve done it myself with the likes of glenfiddich project xx a few years back. |
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CountDramcula Member
Joined: 08 Feb 2019 Posts: 13
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Posted: Sun Apr 07, 2019 9:53 pm Post subject: |
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90% of the Lochnagar bottles have sold on SWA for 40 quid a piece this evening....WA results in tomorrow; given the avalanche of bottles there, I'm guessing 30 pounds a piece.... |
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DillyT Master Of Malts
Joined: 18 Oct 2017 Posts: 333
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Posted: Mon Apr 08, 2019 8:14 am Post subject: |
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There where sets of 8 bottles on the SWA with a reserve of £400 and sets of 9 bottles at £450 not getting any bids which is a big cry from the £1300 they hit a month or so ago. I think this is just a sign that there are loads of flippers out there trying to jump on the bandwagon and make a quick Pound are not getting there fingers burnt. |
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