Malt-Teaser wrote:Hi Bond,
this is something of a specialist area of mine and one on which I have already written some articles.
Please feel free to PM me to discuss this further.
MT
Malt-Teaser wrote:Hi Bond,
this is something of a specialist area of mine and one on which I have already written some articles.
Please feel free to PM me to discuss this further.
MT
bond wrote:3. Special Releases (several con jobs around on this one)
bond wrote:Without getting into the eternal debate on whether whisky is meant for drinking or investment....
vitara7 wrote:its all very well collecting closed distilleries, but one of the reasons some of them were closed to start with was they had so many cask of the stuff sitting in bond.
one of the best distilleries to try and get id say is glen flagler, the owners have no more casks of the stuff and are aware of no casks sitting anywhere, so everythign thats ever going to be bottled of glen flager is out there, and its only going to get rarer.
Di Blasi wrote:Good to know about the Glen Flagler, vitara7, thanks for the info.
Is this also the case with Dallas Dhu and Rosebank???
vitara7 wrote:one of the best distilleries to try and get id say is glen flagler, the owners have no more casks of the stuff and are aware of no casks sitting anywhere, so everythign thats ever going to be bottled of glen flager is out there, and its only going to get rarer.
Malt-Teaser wrote:Hi everyone, I will try to answer your questions:
Di Blasi & DrRich,
Yes, I am also "WhiskyHammer" and if you follow the link provided (by Di Blasi) you will find a main menu on the top right. Within this menu you will then find a section called "Collect to Invest" which offers some general advice as to what I believe to be "Collectible". Not individual bottlings, but general ideas - much as Bond began to outline in the original post.
I have also provided analysis of some individual bottlings to show what can happen. Obviously this is not a certainty for most new bottlings, but examples of some specific ones. Hopefully also outlining why they have been so collectible.
Glen Flagler,
this is indeed a highly collectible distillery. The last available casks were bottled as the very highly collectible "Glen Flagler 1973" and also an even more expensive edition of "Killyloch 1967".
Rosebank & Dallas Dhu .... etc,
Rosebank - This is (in my opinion) a wonderful whisky, but as yet it hasn't really captured the imagination of the collectors & Investors. It keeps being tipped by the experts (MJ ...etc) as being one to keep an eye on, but I guess we won't know until it really has all gone.
My own advice: The OB bottlings, especially the older ones which have increased in price will continue to do so. There are many independent editions still to be found which are great for drinking, but these will be very slow to appreciate in value, if at all within the next 7-8 years.
Dallas Dhu,
I know someone with contacts into DD and I was warned during Spring this year that the last warehouse stocks were expected to run out by the end of this year.
Has this actually happened?
I'm not sure, but if not, they won't last too much longer.
I also believe that the last casks in the warehouse were all owned by G&M!
There are some Dallas Dhu bottlings which can still be found and which represent (again in my opinion) great investment opportunities.
Try looking for the "Centenary" edition - the one in a blue wooden frame.
There are also a couple of "Royal Family" editions which I don't remember the exact details, but they are something like "Jubilee" editions.
Any of these OB special editions should be held on to!
Port Ellen,
Just how many "Annual Releases" will there be?
Nobody seems to know, but the earlier ones are appreciating in value nicely and I expect the later ones to do the same over time.
Mr. T.,
I agree with some of what you say, especially that the greatest gains are to be made by getting in at the beginning with special editions. I also agree that it can be quite difficult trying to judge which ones to go for!
One can make educated guesses by looking at past performance, but one should also take into account "fashion"!
Yes, this does exist with whisky collecting!
At the moment Ardbeg are enjoying the crest of a (collecting) wave. It seems that all their "specials" are highly sought after and showing tremendous very short-term gains.
However, the more recent editions like that 1965 at almost €3000 and the Single Cask bottlings released just in time for Christmas at around €500 - €600 are, in the opinion of many, priced too high.
It seems that Ardbeg want the gains shown by earlier bottlings, in cash, up front.
I personally think that they will sell these editions, but they are stepping away from many collectors who in turn, will turn elsewhere. Thus, possibly damaging their longer-term collectibility.
I do not agree with your idea tha tthe market is saturated, the true collectible editions are strictly limited in low numbers and there will always be more collectors than bottles available. The world is not static, people as well as collectibles move forward and I believe the market will always be there.
If one looks at other fashions in collecting, the 1980's - 1990's boom for classic cars immediately comes to mind. Here was an item collected by a few knowledgeable ones. But suddenly it became fashion for everyone to want to jump on the bandwagon and try to make a "quick buck". I personally knew of some classic Porsches changing hands at stupid prices. Then, suddenly, an economic downturn almost overnight and the market went "pop".
Millions (GBP) were lost as values plummeted.
This is something I fear for whisky collecting if it becomes too fashionable and the "in vogue" item for general investors. Mainly because they look for short-term large gains and if they fail, they move elsewhere very quickly, leaving chaos behind.
When looking for investment, the whisky market is indeed a steady one, offering good returns so long as one knows what to buy. But this is a LONG-TERM market where one should consider investment periods of 8-20 years as normal!
As you can probably tell, this subject is dear to my heart and I could continue almost endlessly, but I fear I have already written far too much for one single post, but hopefully, also given some food for thought.
For sure, I'll never be too far from this subject and although I have some slight delays in adding new features to "Collect to Invest" on WhiskyHammer, I am working on this and I expect much more to happen in this area during 2007.
Take care and enjoy your collecting,
MT
Malt-Teaser wrote:However, the more recent editions like that 1965 at almost €3000 and the Single Cask bottlings released just in time for Christmas at around €500 - €600 are, in the opinion of many, priced too high.
It seems that Ardbeg want the gains shown by earlier bottlings, in cash, up front.
I personally think that they will sell these editions, but they are stepping away from many collectors who in turn, will turn elsewhere. Thus, possibly damaging their longer-term collectibility.
MrTattieHeid wrote:I'm up to 7,000 posts there.
Malt-Teaser wrote:Hi everyone, I will try to answer your questions:
Glen Flagler,
this is indeed a highly collectible distillery. The last available casks were bottled as the very highly collectible "Glen Flagler 1973" and also an even more expensive edition of "Killyloch 1967".
Rosebank & Dallas Dhu .... etc,
Rosebank - This is (in my opinion) a wonderful whisky, but as yet it hasn't really captured the imagination of the collectors & Investors. It keeps being tipped by the experts (MJ ...etc) as being one to keep an eye on, but I guess we won't know until it really has all gone.
My own advice: The OB bottlings, especially the older ones which have increased in price will continue to do so. There are many independent editions still to be found which are great for drinking, but these will be very slow to appreciate in value, if at all within the next 7-8 years.
Dallas Dhu,
I know someone with contacts into DD and I was warned during Spring this year that the last warehouse stocks were expected to run out by the end of this year.
Has this actually happened?
I'm not sure, but if not, they won't last too much longer.
I also believe that the last casks in the warehouse were all owned by G&M!
There are some Dallas Dhu bottlings which can still be found and which represent (again in my opinion) great investment opportunities.
Try looking for the "Centenary" edition - the one in a blue wooden frame.
There are also a couple of "Royal Family" editions which I don't remember the exact details, but they are something like "Jubilee" editions.
Any of these OB special editions should be held on to!
Port Ellen,
Just how many "Annual Releases" will there be?
Nobody seems to know, but the earlier ones are appreciating in value nicely and I expect the later ones to do the same over time.
Mr. T.,
I agree with some of what you say, especially that the greatest gains are to be made by getting in at the beginning with special editions. I also agree that it can be quite difficult trying to judge which ones to go for!
One can make educated guesses by looking at past performance, but one should also take into account "fashion"!
Yes, this does exist with whisky collecting!
At the moment Ardbeg are enjoying the crest of a (collecting) wave. It seems that all their "specials" are highly sought after and showing tremendous very short-term gains.
However, the more recent editions like that 1965 at almost €3000 and the Single Cask bottlings released just in time for Christmas at around €500 - €600 are, in the opinion of many, priced too high.
It seems that Ardbeg want the gains shown by earlier bottlings, in cash, up front.
I personally think that they will sell these editions, but they are stepping away from many collectors who in turn, will turn elsewhere. Thus, possibly damaging their longer-term collectibility.
I do not agree with your idea tha tthe market is saturated, the true collectible editions are strictly limited in low numbers and there will always be more collectors than bottles available. The world is not static, people as well as collectibles move forward and I believe the market will always be there.
If one looks at other fashions in collecting, the 1980's - 1990's boom for classic cars immediately comes to mind. Here was an item collected by a few knowledgeable ones.
This is something I fear for whisky collecting if it becomes too fashionable and the "in vogue" item for general investors. Mainly because they look for short-term large gains and if they fail, they move elsewhere very quickly, leaving chaos behind.
When looking for investment, the whisky market is indeed a steady one, offering good returns so long as one knows what to buy. But this is a LONG-TERM market where one should consider investment periods of 8-20 years as normal!
As you can probably tell, this subject is dear to my heart and I could continue almost endlessly, but I fear I have already written far too much for one single post, but hopefully, also given some food for thought.
For sure, I'll never be too far from this subject and although I have some slight delays in adding new features to "Collect to Invest" on WhiskyHammer, I am working on this and I expect much more to happen in this area during 2007.
Take care and enjoy your collecting,
MT
corbuso wrote:Regarding the Glen Fargler, what makes you think that the whiskies of this distillery will gain a lot of value in the future. What makes it so different from a Rosebank, an Inverlven or a Littlemill distillery?
corbuso wrote:Regarding the Glen Fargler, what makes you think that the whiskies of this distillery will gain a lot of value in the future. What makes it so different from a Rosebank, an Inverlven or a Littlemill distillery?