Whisky Forum - Whisky Investment

The Kas Man · Posted: Mon Sep 17, 2012 3:27 pm Post subject: Whisky Investment

Hi all,

Just wondering how many people buy whisky as an investment on here....?

When I sell any bottle I buy more whisky with it, always at least 2 bottles, 1 to keep 1 to sell or drink.
My collection is now worth around Â£12,000(all on a spread sheet), it has taken me around 6 years of selling but it has only cost me around Â£200 so far. I started off with around Â£100.

I drink around 6-12 bottles a year, depends on whom I drink with but I have around 60 bottles still unopened, around 4 opened just now.

Evil or Very Mad

Keith · Posted: Mon Sep 17, 2012 5:28 pm Post subject:

I have a few bottles which i have bought as an investment and if they dont gain much in value i can always drink them as i only bought whisky which i would drink

Gregor · Master Of Malts Joined: 25 Apr 2008 Posts: 798

I have bought and sold a few bottles and reinvested the profits in more whisky, some for drinking and some for selling on again. I havent kept track of my gains but i have never made a loss.

Quaich1 · Posted: Mon Sep 17, 2012 9:27 pm Post subject:

I guess my philosophy about my single malt scotch so-called collection is that I gradually open bottles holding on to the rarer ones for a while. However, now that I'm becoming an older gentleman or elder statesman, I don't really look at my collection as a mode for financial gain but more as a passionate hobby that slowly will be consumed over the hopefully many years to come.

Wink

_________________
"Always carry a large flagon of whisky in case of snakebite and furthermore always carry a small snake."
W.C. Fields (1880-1946)

Alastair · Posted: Tue Sep 18, 2012 12:02 am Post subject:

That is some good buying to turn Â£200 into Â£12000. Where do you use to sell your whisky normally?

JaymzPhoenix · Member Joined: 23 Aug 2012 Posts: 11

Out of curiosity, what do you look for when you purchase a bottle for investment?

Fergie · Master Of Malts Joined: 02 Dec 2006 Posts: 1743

The Kas Man · Posted: Wed Nov 07, 2012 9:42 am Post subject:

chrisg · Double Malt Member Joined: 12 Apr 2011 Posts: 197

albo · Master Of Malts Joined: 22 Mar 2011 Posts: 1888

albo · Master Of Malts Joined: 22 Mar 2011 Posts: 1888

Further to my post above, you say you have 60 bottles at the moment, and a value of Â£12,000 which by my workings is Â£200 a bottle average, this Â£75 profit is almost 40% of the cost of your average bottle.

Out of interest what sort of figure do you put up as a reasonable profit then?

Also you say you invested in the Bora as a safer option, what do you mean by a safer option? As in more chance to make more money, or more chance not to depreciate in value?

Just interested.

Fergie · Master Of Malts Joined: 02 Dec 2006 Posts: 1743

I would also consider original distillery bottlled Brora as a safer investment alongside Port Ellen, i really couldnt see them depreciate as long as you get them when they are released at the RRP and the way the market is at the moment you can make a quick and sometimes substantial short term profit on these bottles. Just look at the Diageo 2012 Special Release Port Ellen and Brora, both sold out in shops within minutes of becoming available.

The Kas Man · Posted: Wed Nov 07, 2012 8:55 pm Post subject:

Maybe I'm missing something here, but your 'small profit' of Â£75, isn't really that small is it? Calculating your average monthly growth from this venture, you're making about Â£163 a month, give or take, so poo pooing Â£75 as a small profit really doesn't make sense to me, especially as it's a healthy 37.5% of your initial investment.

Further than this, to make Â£12,000, given that you have said your 2 recent sales went for Â£1000 and Â£1200 or there abouts, leaving you with about Â£800 profit on each (assuming all of your bottles don't appriciate at that rate) then your bread and butter has to be the Â£50 - Â£100 profit range?

Or am I missing something?[/quote]

Sorry but you are missing something.

I have not sold the " 2 recent sales" you mention, I still have the bottles, I am just showing how you can buy at a low price when others are paying a higher premium at an auction, so I have not mad any profit, yet Smile

Regarding the Â£75 profit, yes a profit is a profit but you do not know how much I paid for this bottle or the condition etc.

Also I am making no % a month, as any profit is then spent on more whisky and I drink the odd bottle when I feel like it.
I am just putting a sensible overall figure on my wee collection,with the way prices are going it may be more than Â£12k, more for insurance and the missus!

If I sold all the bottles tomorrow, yes I would have money but at the moment it is all just talk about any true value.

Hope the above makes sense.

The Kas Man · Posted: Wed Nov 07, 2012 9:03 pm Post subject:

albo · Master Of Malts Joined: 22 Mar 2011 Posts: 1888

Thanks makes sense.