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Douglas Laing XOP Platinum - Port Ellen 1982 35yo (sherry)
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eelbrook
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PostPosted: Tue Nov 20, 2018 2:02 pm    Post subject: Douglas Laing XOP Platinum - Port Ellen 1982 35yo (sherry) Reply with quote

Just been announced. 273 bottles. UK allocation is 60.

To my mind, too expensive to crack open and drink.

Also, I personally don't believe that it is investible (even in the medium to long term) given the alleged £1,950 RRP..

Perhaps though, it will appeal to some collectors.


Last edited by eelbrook on Wed Nov 21, 2018 2:55 pm; edited 1 time in total
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Dave h
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PostPosted: Tue Nov 20, 2018 11:27 pm    Post subject: Reply with quote

Is there any Port Ellen fanatics/ experts on here. Any thought on this one?

This is the final piece of the quartet celebrating DL 70th Platinum XOP bottlings.

Are you better buying an official Port Ellen...

Nice release albeit pricey by nature.
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James T
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PostPosted: Tue Nov 20, 2018 11:40 pm    Post subject: Reply with quote

I have had a few Port Ellen bottling's from Douglas Laing in the past and they were every bit as good as the original distillery bottling's, in fact i still have some tucked away in one of the cupboards which will be drunk at some point.

DL were wise or lucky enough to buy up a load of Port Ellen stock when it closed, I wonder how much they still have sitting in their warehouse. The prices have now gotten too much for me as a drinker but i would be confident the new release wont disappoint going by the earlier DL releases i have tasted.
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Quaich1
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PostPosted: Wed Nov 21, 2018 12:10 am    Post subject: Reply with quote

James T wrote:
I have had a few Port Ellen bottling's from Douglas Laing in the past and they were every bit as good as the original distillery bottling's, in fact i still have some tucked away in one of the cupboards which will be drunk at some point.

DL were wise or lucky enough to buy up a load of Port Ellen stock when it closed, I wonder how much they still have sitting in their warehouse. The prices have now gotten too much for me as a drinker but i would be confident the new release wont disappoint going by the earlier DL releases i have tasted.


I concur with James re Independent bottlings. For example, I had a G&M Port Ellen Rare Old 1980, 35 Years and it was spectacular and I rated it as 96.
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eelbrook
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PostPosted: Wed Nov 21, 2018 8:37 am    Post subject: Reply with quote

Hi Dave

I'm guessing you're not buying to drink though.

Please don't let the 'completionist' in you cloud your logic.

If you are buying for investment (short, medium or long term), there are better bottlings out there (both Port Ellen and others) for that kind of cash.

Eelbrook
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eelbrook
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PostPosted: Wed Nov 21, 2018 5:17 pm    Post subject: Reply with quote

Just seen that Signatory have released a Port Ellen, as one of their 30th Anniversary bottlings.

It is also an ex-sherry 1982 35 year, which is presented in a very classy looking wooden box with a brace of engraved Glencairn glasses.

TWE is selling it for £1,575.

Quite a price difference when compared with the Douglas Laing bottling's supposed RRP.

Food for thought.
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eelbrook
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PostPosted: Sun Nov 25, 2018 4:18 pm    Post subject: Reply with quote

On the subject of Port Ellen, Bartels Whisky has a cracking Black Friday weekend deal.

A single cask Port Ellen 1983 33yo (in a beautiful black piano key box) for £840.
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Dave h
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PostPosted: Thu Nov 29, 2018 6:00 pm    Post subject: Reply with quote

https://www.houseofmalt.co.uk/product/port-ellen-35-year-old-xop-platinum-douglas-laing/?wpam_id=3

Youll get a penny change from £2,500 👌
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eelbrook
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PostPosted: Fri Nov 30, 2018 4:45 pm    Post subject: Reply with quote

Today, it is £2799.95.
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davidbe
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PostPosted: Fri Nov 30, 2018 5:27 pm    Post subject: Reply with quote

eelbrook wrote:
Today, it is £2799.95.


I'm sure this sort of thing happens through traffic to the item.
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Drame Blanche
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PostPosted: Fri Nov 30, 2018 7:35 pm    Post subject: Reply with quote

Why is not ok for me to flip bottles (and buy actual whisky to drink with the profit) when stores do the exact same, exactly? :D
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TheWM
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PostPosted: Fri Nov 30, 2018 7:43 pm    Post subject: Reply with quote

Drame Blanche wrote:
Why is not ok for me to flip bottles (and buy actual whisky to drink with the profit) when stores do the exact same, exactly? :D


Cause you’re profiteering from your hobby. You should burn in hell. Laughing
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Drame Blanche
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PostPosted: Fri Nov 30, 2018 7:54 pm    Post subject: Reply with quote

TheWM wrote:
Drame Blanche wrote:
Why is not ok for me to flip bottles (and buy actual whisky to drink with the profit) when stores do the exact same, exactly? :D


Cause you’re profiteering from your hobby. You should burn in hell. Laughing


Well then 90% of people on Etsy should burn in hell, too :D

Anyway, my post also was a way to show a slight disappointment to behaviours we now see almost daily and also on £100 bottles.

In my mind there's also a clear role the poor digitalisation of the whisky world - and let's say it, of some whisky users, too - plays, similarly to other fields. But that's for another topic.
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eelbrook
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PostPosted: Fri Nov 30, 2018 8:43 pm    Post subject: Reply with quote

Many UK retailers profiteer daily from selling way above producers' RSPs. What they do is perfectly legal of course. But is it moral? You decide?

Perhaps it is more transparent than initially advertising new releases at below RSP. But there are no actual bottles available. Then, a few days later, stock magically appears at way above RSP.

With regards to the Douglas Laing Port Ellen XOP Platinum, I am not 110% certain about the list price that I quoted earlier in ths thread.

All that I know is that I've received four genuine retailer offers of bottles at between £1.6k and £1.8k. (In my view too much for an indie PE)

All four are presumably all taking a decent margin So the £2,799 mentioned above is maybe a touch steep lol.

But, as with any retail or secondary market price, no-one is forced to buy. It is entirely a customer's choice.

Inflated retail prices and private 'flipping' would be killed dead in an instant if no-one hit the "buy" button for anything above RSP.


Last edited by eelbrook on Fri Nov 30, 2018 10:52 pm; edited 1 time in total
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TheWM
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PostPosted: Fri Nov 30, 2018 10:33 pm    Post subject: Reply with quote

Drame Blanche wrote:
TheWM wrote:
Drame Blanche wrote:
Why is not ok for me to flip bottles (and buy actual whisky to drink with the profit) when stores do the exact same, exactly? :D


Cause you’re profiteering from your hobby. You should burn in hell. Laughing


Well then 90% of people on Etsy should burn in hell, too :D

Anyway, my post also was a way to show a slight disappointment to behaviours we now see almost daily and also on £100 bottles.

In my mind there's also a clear role the poor digitalisation of the whisky world - and let's say it, of some whisky users, too - plays, similarly to other fields. But that's for another topic.


I hear you buddy. Big business can make money charging the little man no problem. Little man wants to try and get ahead of the game by strategically buying bottles at his risk and/or lucky enough to grab a macallan are frowned upon for making far less profit.

Vote with your feet. It’s already worked with Mortlach.
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