Hold this for a special occasion or as investment?
What you think of Knappogue Castle good value? Worth buying for investment or drinking on special occasion?
Well this all depends on what you want, from what you buy. Knappogue is regularly available in the U.S. at prices similar to this, the currency change is what has piqued my interest.
Are you prepared to drink your own money at E25 a shot? Do you appreciate whiskey or have an interest in it? Do you want to speculate on possible future price rises?
Only you would have an answer to that, the last available whiskies distilled in Tullamore are of a type that is simply not available any more. The techniques and ingredients were quite different then. They used small proportions of different grains in the mash and a wider 'cut' of the alcohol distilled. In other words more of the feints or heavy alcohols and compounds that in small amounts add greatly to the flavour profile were allowed into the cask.
So if you want to drink it and find out what that piece of distilling history tastes like fire ahead; if you want to have a memento or speculate thats open to you too.
Generally speaking though Irish whiskies are much less collectable than Scotch, despite the high price for the stuff here, that doesn't hold abroad despite the best efforts of the Jameson & co. marketing and premiumisation departments. Knappogue Castle 1951 for example is E950 here in Galway, it's E850 in Dublin and widely available at $599.99 in the States; factor that information all together and the base price from the company that sells the Knappogue to all these retailers must be about E200. The mark-up on premium spririts is enormous.
So at E323 [at today's exchange rate] makes it a decent buy as an example of a rare style of whisky making, no longer extant. A 25yo Lagavulin can be got for less than that or even a rare Ardbeg
And at that price I plan to drink it.