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True values

 
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DillyT
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Joined: 18 Oct 2017
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PostPosted: Sun Jul 18, 2021 3:46 pm    Post subject: True values Reply with quote

I have been trying to work out the best way to work out the true value of the whisky I have. I am not planning on selling anything as quite a lot of it I want to open at some stage but I keep wondering what is it worth..

I have found Whiskyhunter but they are very expensive.. Are there any others out there?
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lincoln imp
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Joined: 23 Dec 2007
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Location: Lincolnshire England

PostPosted: Sun Jul 18, 2021 4:15 pm    Post subject: Reply with quote

The general rule of thumb is that it is worth what someone is willing to pay for it and actions rather than shop prices are a good way to go.
The next thing is if depends whether your are valuing from a investor, collector or drinker's perspective, which of course are poles apart.
As an example the latest Macallan 30 year OB costs roughly 5k but from my drinkers perspective I would not value it more than £400-£500 tops for the taste experience it provided taking into account the % abv and age etc.
If you are going to drink them why worry about value, it is pretty much irrelevant.
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Scotchnthings
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PostPosted: Sun Jul 18, 2021 6:12 pm    Post subject: Reply with quote

I also think there are no true values. Its still a relatively small market that buys and sells whisky so prices can fluctuate more then 50% auction to auction depending on the bottle. I would say just check historical prices on the latest bottles sold on whiskyauctioneer for example. Might give you an idea.
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Scotchnthings
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PostPosted: Sun Jul 18, 2021 6:12 pm    Post subject: Reply with quote

I also think there are no true values. Its still a relatively small market that buys and sells whisky so prices can fluctuate more then 50% auction to auction depending on the bottle. I would say just check historical prices on the latest bottles sold on whiskyauctioneer for example. Might give you an idea.
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Andy M
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Joined: 09 Jul 2007
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PostPosted: Sun Jul 18, 2021 6:49 pm    Post subject: Reply with quote

I would gauge the current value of a whisky on what it has recently sold for at auction.
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maltmad
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Joined: 10 Jul 2021
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PostPosted: Sat Jul 24, 2021 5:19 am    Post subject: Reply with quote

The real value can only be known by analysing sales at auctions. I use whiskyhunter.net for this purpose. Some may say it is expensive, but I think it is cheaper than the time I would have had to spend gathering this information myself. Given that I do whisky quite seriously, it's an invaluable tool for me.
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maltmad
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PostPosted: Sat Jul 24, 2021 5:22 am    Post subject: Reply with quote

Scotchnthings wrote:
I also think there are no true values. Its still a relatively small market that buys and sells whisky so prices can fluctuate more then 50% auction to auction depending on the bottle. I would say just check historical prices on the latest bottles sold on whiskyauctioneer for example. Might give you an idea.

The secondary market is already quite mature. It is several million in sales every month (according to open auction sales data). Yes, some bottles may jump higher and lower - but it's worth aiming for the average.
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