www.scotchmaltwhisky.co.uk

Whisky Forum - Auctions

 

Whisky Forum

FAQFAQ   SearchSearch   MemberlistMemberlist   RegisterRegister   ProfileProfile   Log in to check your private messagesLog in to check your private messages   Log inLog in
Auctions
Goto page 1, 2  Next
 
Post new topic   Reply to topic    Whisky Forum Index -> Single Malt Whisky
View previous topic :: View next topic  
Author Message
Icelander
Member
Member


Joined: 08 Apr 2021
Posts: 15
Location: UK

PostPosted: Tue Apr 13, 2021 12:42 pm    Post subject: Auctions Reply with quote

Does anyone use online auctions? I used to go to Christies and then Bonhams but it had to be a rare bottle and at a good price (or sometimes a nice bottle at a ridiculous price)

I watched one of the online and somebody had purchased a bottle that was not unavailable and was £10 to the better. All good. However, add on commission and postage and they were £20 down...and of course no idea of authenticity.

It made me think... do people get "excited" and slightly carried away in an auction?
Is there "I must win" element?

Hope they enjoy their purchase though.
Back to top
View user's profile Send private message

Albie
Double Malt Member
Double Malt Member


Joined: 31 Oct 2019
Posts: 124

PostPosted: Tue Apr 13, 2021 3:02 pm    Post subject: Reply with quote

I do think that there can be a certain amount of auction fever adding to the final price of some auctions.
Back to top
View user's profile Send private message
pilch69
Member
Member


Joined: 25 Jun 2020
Posts: 16

PostPosted: Tue Apr 13, 2021 5:06 pm    Post subject: Reply with quote

I've been keeping my eye on a batch 1 Glenfiddich winter storm

trouble is nearly all has a broken base to the box, almost as if its been in and out so many times its worn away
considering its not been opened you'd think it would be as new

obviously I suspicious that is been refilled and fake

its not just one, its most


Last edited by pilch69 on Thu Apr 22, 2021 11:46 am; edited 1 time in total
Back to top
View user's profile Send private message
lincoln imp
Master Of Malts
Master Of Malts


Joined: 23 Dec 2007
Posts: 683
Location: Lincolnshire England

PostPosted: Tue Apr 13, 2021 6:13 pm    Post subject: Reply with quote

In years gone by i have got a bit excited and paid too much but these days whisky auctions are a common as muck, there are usually at least 1 or 2 a week,and there is 3 finishing this week as it is.
i just let is slide now and to be honest the prices some people are paying at the moment are bordering on insanity.
While I am on the subject i have noticed that many bottles that looked like they were sold re -appear months later, sometimes earlier, i have my suspicions that some auctions are artificially inflating the values of some bottles for gains later on.
At the moment some auctions have lots of bottles of the same whisky that are not available to the minions , strange that, it is obvious that some auction houses get allocated new bottlings (or bottlers go there first) and they go straight on an auction site rather than being made available to the masses.
Also if you took out the reams of Macallan bottles some auction sites would have the auctions half the size , I have no idea how why new Macallan offerings are so popular because a majority of them are in the * to mundane category.

Seriously this is a genuine question to all forum members on here who are fans of later Macallan offerings, can you tell me what the fascination is, do you actually like the taste, or you think it is good value, perhaps a bit of both or do you just buy as an investment with an eye on future gains, a polite question of course?
Macallan of old was at times fantastic but in my view there has not been any of the old quality for at least 20 years, I suspect that a majority of Macallan is purchased to sell on, I
also suspect that if more people actually opened some of the recent bottlings and tasted them the price may come down as they would realise they are being charged too much for the quality of whisky on show.

I love the whisky scene, Scotland and talking to other fans of this iconic spirit but the way that greed at all levels has infiltrated this community in the last few years, possibly longer makes me wonder how long I can get excited about it.

If you want to know about greed check out the new releases of Glenturret at The Whisky Shop because it made my eyes water.

NAS £47.45 43%
10 year £52.45 50%
12 year £64.95 46%
15 year £110 55%
25 year £1150 44.5% sold out
30 year £1500 45.7% sold out

Apologies for going off topic here.
_________________
Pour me a glass please.
Back to top
View user's profile Send private message
Timp
Master Of Malts
Master Of Malts


Joined: 21 May 2016
Posts: 1063
Location: Isca

PostPosted: Tue Apr 13, 2021 7:04 pm    Post subject: Reply with quote

Have about as much desire for Macallan as I do Glenturret tbh.

Oh and f**k all from the The Whisky Shop chain, biggest gougers on the high street. Lol. Often heard it’s for tourists and that just makes it worse in my view. Rant over..

Oh in answer to the question, yes I do use auctions but sparingly and only for things I just can’t get elsewhere. I don’t have any interest in so called investment bottling’s as I don’t have the money or interest, and I am basically impatient so everything gets opened. Very Happy
Back to top
View user's profile Send private message
lincoln imp
Master Of Malts
Master Of Malts


Joined: 23 Dec 2007
Posts: 683
Location: Lincolnshire England

PostPosted: Tue Apr 13, 2021 10:04 pm    Post subject: Reply with quote

Timp wrote:


I don’t have any interest in so called investment bottling’s as I don’t have the money or interest, and I am basically impatient so everything gets opened. Very Happy


That is the best mindset to have where whisky is concerned, try what you buy is my ethos too. Wink
_________________
Pour me a glass please.
Back to top
View user's profile Send private message

Uncle Bobby
Single Malt Member
Single Malt Member


Joined: 06 Feb 2018
Posts: 74

PostPosted: Wed Apr 14, 2021 6:40 am    Post subject: Reply with quote

lincoln imp wrote:
In years gone by i have got a bit excited and paid too much but these days whisky auctions are a common as muck, there are usually at least 1 or 2 a week,and there is 3 finishing this week as it is.
i just let is slide now and to be honest the prices some people are paying at the moment are bordering on insanity.
While I am on the subject i have noticed that many bottles that looked like they were sold re -appear months later, sometimes earlier, i have my suspicions that some auctions are artificially inflating the values of some bottles for gains later on.
At the moment some auctions have lots of bottles of the same whisky that are not available to the minions , strange that, it is obvious that some auction houses get allocated new bottlings (or bottlers go there first) and they go straight on an auction site rather than being made available to the masses.
Also if you took out the reams of Macallan bottles some auction sites would have the auctions half the size , I have no idea how why new Macallan offerings are so popular because a majority of them are in the * to mundane category.

Seriously this is a genuine question to all forum members on here who are fans of later Macallan offerings, can you tell me what the fascination is, do you actually like the taste, or you think it is good value, perhaps a bit of both or do you just buy as an investment with an eye on future gains, a polite question of course?
Macallan of old was at times fantastic but in my view there has not been any of the old quality for at least 20 years, I suspect that a majority of Macallan is purchased to sell on, I
also suspect that if more people actually opened some of the recent bottlings and tasted them the price may come down as they would realise they are being charged too much for the quality of whisky on show.

I love the whisky scene, Scotland and talking to other fans of this iconic spirit but the way that greed at all levels has infiltrated this community in the last few years, possibly longer makes me wonder how long I can get excited about it.

If you want to know about greed check out the new releases of Glenturret at The Whisky Shop because it made my eyes water.

NAS £47.45 43%
10 year £52.45 50%
12 year £64.95 46%
15 year £110 55%
25 year £1150 44.5% sold out
30 year £1500 45.7% sold out

Apologies for going off topic here.


With you on all of this.
Been looking through The Grand Whisky Auction which finished the other night and what do I see - again? 6-packs of Ardbeg Committee Release no less. Even if you got your mother/granny/cousin to buy one they wouldnt come in a 6-pack box. Retailers profiteering again and they never go on sale to the public. GWA will never say where they came from but whoever it is should be struck off Ardbeg's distribution list.
As for Glenturret, that's just a producer chancing their arm and jumping on the bandwagon. Third division whisky at Premier League prices. Great work if you can get it.
Back to top
View user's profile Send private message
webdunk
Triple Malt Member
Triple Malt Member


Joined: 04 Sep 2017
Posts: 221
Location: Inverness

PostPosted: Wed Apr 14, 2021 7:05 am    Post subject: Reply with quote

pilch69 wrote:
trouble is early all has a broken base to the box, almost as if its been in and out so many times its worn away

...

its not just one, its most


Terrible packaging design. Any bottles that were posted were at risk of breaking the box mounts if not very carefully packaged. Some bottles/boxes came with foam inserts which rectified the issue. So a damaged box is no indication of anything other than form over function at the design stage.
_________________
@in5tadram
Back to top
View user's profile Send private message
Jimny14
Single Malt Member
Single Malt Member


Joined: 11 Oct 2020
Posts: 35
Location: North lancashire

PostPosted: Wed Apr 14, 2021 7:34 am    Post subject: Reply with quote

At risk of going off topic have any of you guys who are unhappy about the cost of the new glenturret whiskies had a chance to taste them? As I understand it the new whiskies are new blends etc so may taste quite different to the "old" glenturret? I dont know, I've not tasted any.

As far as auctions go I find them useful for picking up a specific bottle that I'm after (specific year presents etc) but much like all auction sites (ebay etc) I find it easiest to set a firm top price that I'd be happy paying (including fees and postage etc) then put that in as my bid and leave it. If I get out bid then tough.
Online auction houses are good at emailing/texting etc to build up hype and remind you have been outbid, theres not much time left etc. But of course they are they earn more money that way.

As for auctions and limited releases, committee releases, etc I see it and suspect lots of it is likely companies trying to limit supply and therefore drive up their profit. This is again what a company is supposed to do. Is it fair to the normal consumer? No, could the distilleries work out who is flipping limited releases or selling job lots likely sent to retail? Probably. My gut feeling is that distilleries dont want to spend the time finding out who is doing it because they dont care as they have had their profit. Business is business I guess.
Back to top
View user's profile Send private message
lincoln imp
Master Of Malts
Master Of Malts


Joined: 23 Dec 2007
Posts: 683
Location: Lincolnshire England

PostPosted: Wed Apr 14, 2021 4:07 pm    Post subject: Reply with quote

Jimny14 wrote:
At risk of going off topic have any of you guys who are unhappy about the cost of the new glenturret whiskies had a chance to taste them? As I understand it the new whiskies are new blends etc so may taste quite different to the "old" glenturret? I dont know, I've not tasted any.



Even if these whiskies tasted like angel *** they are still far too expensive and let's be honest at those prices you would expect them to taste great. This is just another distillery owner doing a Mortlach rejuvenation programme. At the older end of the range they are priced at such a level that would be investors will Hoover them up thinking they are something special, this sort of whisky is not aimed at drinkers, it is squarely aimed at investors so they actually don't need to worry about the quality as very few will be opened.
Reminds me of the Rosebank Grace bottle it is well over a thousand quid, i tasted it and thought it was rubbish.
_________________
Pour me a glass please.
Back to top
View user's profile Send private message
Jimny14
Single Malt Member
Single Malt Member


Joined: 11 Oct 2020
Posts: 35
Location: North lancashire

PostPosted: Wed Apr 14, 2021 4:15 pm    Post subject: Reply with quote

Sorry Imp, I've read your message a couple of times but cant work out whether you've tasted any of the new range or not?
Back to top
View user's profile Send private message
lincoln imp
Master Of Malts
Master Of Malts


Joined: 23 Dec 2007
Posts: 683
Location: Lincolnshire England

PostPosted: Wed Apr 14, 2021 7:20 pm    Post subject: Reply with quote

Jimny14 wrote:
Sorry Imp, I've read your message a couple of times but cant work out whether you've tasted any of the new range or not?


No, I only found out about them this week, the point I am making that they are far too expensive and even if they did taste great they are still way over priced by some margin IMHO. I can get far better bottles cheaper, certainly at the 25 year price point for around £250-£300 there is Glenlivet 25, Aultmore 25, Glen Scotia 25 it makes no sense to pay £1150 for a Glenturret to me.
_________________
Pour me a glass please.
Back to top
View user's profile Send private message

Jimny14
Single Malt Member
Single Malt Member


Joined: 11 Oct 2020
Posts: 35
Location: North lancashire

PostPosted: Wed Apr 14, 2021 8:32 pm    Post subject: Reply with quote

Ah no problem. It's a fair point you make. You can get different bottles with the same age statement for a lfar ower price. My argument is that quantifiably that is all you can say. You are likely right that you will prefer the much cheaper 25yo etc whiskies, (possibly even in a blind tasting) but you dont know.
Back to top
View user's profile Send private message
lincoln imp
Master Of Malts
Master Of Malts


Joined: 23 Dec 2007
Posts: 683
Location: Lincolnshire England

PostPosted: Wed Apr 14, 2021 9:19 pm    Post subject: Reply with quote

Jimny14 wrote:
Ah no problem. It's a fair point you make. You can get different bottles with the same age statement for a lfar ower price. My argument is that quantifiably that is all you can say. You are likely right that you will prefer the much cheaper 25yo etc whiskies, (possibly even in a blind tasting) but you dont know.


even if I tried the 25 year and it tasted great I would still refuse to pay that sort of money from a mid range distillery. I just used those bottles as an example , you could buy 2 Highland Park 25 for that sort of money.
As for preferring a much cheaper whisky, I judge all whisky by taste and taste alone, if it is in front of me, price will not affect my scoring.
The issue I have with the likes of premium isationon is that the distilleries whisky does not justify charging that much, i have had old and young glenturret, trust me their best casks do not justify asking £1150 for a £25 year or £1500 for a £30 year but if people want to pay it and drink it good look to them.
_________________
Pour me a glass please.
Back to top
View user's profile Send private message
TheWM
Master Of Malts
Master Of Malts


Joined: 26 Nov 2012
Posts: 2004
Location: Cheshire

PostPosted: Thu Apr 15, 2021 8:49 am    Post subject: Reply with quote

Two points.

The Whiskyshop are sharks who are lucky that my partner was with me when I last visited them as they were so rude and unhelpful that I saw red and told them where they could go.

You can still pick up Glenturret 30s for £350 from MoM or similar. In fact Serge reecently reviewed one and scored it 90 IIRC.

Go figure why these ones are still available at what these days appears to be a fair(ish) price.
Back to top
View user's profile Send private message
Display posts from previous:   
Post new topic   Reply to topic    Whisky Forum Index -> Single Malt Whisky All times are GMT
Goto page 1, 2  Next
Page 1 of 2

 
Jump to:  
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot vote in polls in this forum
 Drink Safely   Add Your Site   Other Whisky Sites    Links   Contact Us 

 

© 2020 www.scotchmaltwhisky.co.uk All rights reserved.

This website was produced in Scotland.