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glenlivet 1968 single malt

 
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ant567
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PostPosted: Mon Nov 12, 2012 6:37 pm    Post subject: glenlivet 1968 single malt Reply with quote

hi guys i have a bottle of glenlivet reserve vintage single malt 1968 whisky from cask 7629 filled to cask 13 dec 1968 & bottled in 2008 im looking to sell it & ive had a valuation from a large auction house in scotland of £200 to £300 ? some time back i seen it on The Whisky Exchange website for £1250 has anybody any idea of a correct value
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ant567
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PostPosted: Mon Nov 12, 2012 9:22 pm    Post subject: Reply with quote

anyone Question
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Quaich1
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PostPosted: Mon Nov 12, 2012 9:30 pm    Post subject: Reply with quote

ant567 wrote:
anyone Question


I know the bottle:



50.9% alc./vol.
Producer: Glenlivet Distillery, Ballindalloch, Banffshire, Scotland.

This very rare cask strength Glenlivet went into a re-fill sherry cask (No. 7629) on 13th December 1968 and with bottled 7th August 2008, just a few months short of its 40th birthday.

Appearance: (bottle 228, for example) Clear, bright golden.
Aroma: Restrained, old leather, cigar box, tobacco, vanilla and green apple skin. Faint orange zest.
Taste: Perfectly balanced vanilla, oak, spice and faint apple/pear fruit.
Aftertaste: Green apple skin and sandal wood.
diffordsguide rating: 4.5/5

This is definitely a nice rarer bottle. The auction price you quote seems a little low but you know it's a buyer's market and depends on the crew present or bidding. You might get lucky and get much more but just like horse-racing, the number of hungry betters (bidders in your case) affects the odds. I checked a number of sites but I couldn't find any specific current prices. You could also query the distillery/corporation that owns the brand for an estimate.
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Mark
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PostPosted: Mon Nov 12, 2012 10:26 pm    Post subject: Reply with quote

This Glenlivet 1968 Reserve Vintage cask 7629 was only a few months short of being 40 years old when it was bottle making it a very rare single cask distillery bottling of the Glenlivet. It was selling in whisky specialist shops a couple of years ago for around £1200 - £1300, so the £200 to £300 estimate today is under what i would say you would get for it. Which auction house gave you this estimate?

You could try contacting The Whisky Exchange, they may make you an offer for it, you wont get the shop price, probably around half the shop price, i would guess around £600. Or you could try the online auction www.scotchwhiskyauctions.com
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chrisg
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PostPosted: Tue Nov 13, 2012 12:12 am    Post subject: Reply with quote

ant567 The Whisky Exchange price would have included 20% VAT plus they have to make a profit so i would agre with Mark, if this sells for £1200 in a whisky shop then in an auction or private sale you may get around half that amount.

Also as Quaich1 says it will also depend on the bidders on the day if you put it to auction.

Having said that Glenlivet is an iconic brand and this is a very rare sold out expression so you may fetch a lot more.
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ant567
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PostPosted: Tue Nov 13, 2012 8:32 am    Post subject: Reply with quote

thaks for the replys guys the estimate was from mc tears auction house in scotland & i thought it was on the low sid but as stated its an auction so depends on the day i guess .ive seen aan online auction company again scotish i think not sure what route to take . my cooncern is the guy who gave me an estimate is a whisky expert so what is he basing such a low price on
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drPete
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PostPosted: Tue Nov 13, 2012 8:47 am    Post subject: Reply with quote

There have been a number of lots sold at McTears recently with wildly inaccurate reserves so I'm not convinced exactly how "expert" they are!

I have done quite a lot of business with scotchwhiskyauctions.com and recommend them - I have no commercial interest to declare, just a very satisfied customer. You can search all past results on their website so that may give you a guide. Alternatively whiskyhighland.co.uk can give you an accurate valuation based on previous results. Again, no commercial interest, have just used the site a few times and found it useful.
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k1ranki
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PostPosted: Tue Nov 13, 2012 6:29 pm    Post subject: Reply with quote

I agree with dr Pete. McTears do seem to give very low estimates. Is this so they cover themselves if the whisky doesn't perform?

I also dislike the way they bundle quite rare bottles with drinking malts, so that you can't get a good idea of what something is actually fetching. Sure, they seem to be the most established auction house but recently (with some notable exceptions like the recent Macallan extravaganza) they seem to be mostly selling off bottle batches and job lots to drink, rather than to collect.

I follow SWA and find them far more satisfactory both for the buyer and seller. Its personal taste but they seem to be able to achieve more realistic prices and market the bottles better. Mulberry Bank also seem to be getting more top end bottles and yours should go into such an auction, rather than get missed in a mass of mediocrity.
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ant567
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PostPosted: Tue Nov 13, 2012 9:45 pm    Post subject: Reply with quote

yes im going with swa they estimate 600 to 800 i think ill put a £450 reserve on it & if it doent sell then ill just keep it for a while longer
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Quaich1
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PostPosted: Tue Nov 13, 2012 9:50 pm    Post subject: Reply with quote

ant567 wrote:
yes im going with swa they estimate 600 to 800 i think ill put a £450 reserve on it & if it doent sell then ill just keep it for a while longer


Sounds like a good plan. I wish you well.
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