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Credit Crunch and Hoovering

General chat and talk about whisky.

Credit Crunch and Hoovering

Postby adogranonthepitch » Thu Oct 16, 2008 10:17 pm

Well my whisky friends. I would like to say to say have friends from both sides of the fence of hoovering community, so I make this comment to you, my friends, my peers and fellow hooverers ....

Hoovering is dead ... long live the hoover!

The market has receeded over over the last 6 months, but is quite polarised in its effect.

If you have abottle hat is GBP400+ pre 'le crunch', the chnaces are that your bottle has retained its vale, if not increased (many examples ... see whiskyauction)

However, those wishing to make their way in the lesser expensive market have seen achievable prices drop in the last 6 months.

Most interesting, Mr Bond :)
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Re: Credit Crunch and Hoovering

Postby adogranonthepitch » Thu Oct 16, 2008 10:19 pm

apols for sppellings .. had a few quintan rubaians glen mo's ... good stuff ... especialally at 22 gbp!
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Re: Credit Crunch and Hoovering

Postby Spirit of Islay » Thu Oct 16, 2008 10:21 pm

Hi Chris ,
I hear your Isle of Dogs Bank is in trouble.....
They've called in the Retrievers !
:lol:
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Re: Credit Crunch and Hoovering

Postby Deactivated Member » Thu Oct 16, 2008 10:33 pm

I wonder whether it is just a price threshhold or whether the expensive-on-release bottles will also fall. I think here of the Ardbeg 1965s or Bruichladdich 40yos. The few bottles that were released for, say, under £100 and have reached figures of over £400 have demonstrated their desirability already. The ones that started high have not.

But I agree with you that the more recent bottlings aimed at the collector market (HP are the worst offenders, but also Springbank and various others come to mind) were never going to achieve high and sustained increases in prices.

There will still be the odd one or two, though, that do become treasured. The trouble is, by definition, they will be the ones that people least expect.
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Re: Credit Crunch and Hoovering

Postby Jimmy321 » Thu Oct 16, 2008 10:46 pm

I have not a hoover, however recently having sooked up a Laga 21 for £110.00 on ebay it got me thinking, with the recession starting to bite perhaps in a year or twos time a hoover may take advantage of the less fortunate (or busto as poker players like to say) with a view to selling in five to ten years time.
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Re: Credit Crunch and Hoovering

Postby adogranonthepitch » Sat Oct 18, 2008 9:13 pm

These are interesting times my friends ....
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Re: Credit Crunch and Hoovering

Postby mlawrenson » Sat Oct 18, 2008 9:16 pm

adogranonthepitch wrote:These are interesting times my friends ....


Yes. And as the Chinese proverb goes, we are living in them.
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Re: Credit Crunch and Hoovering

Postby r900p » Sat Oct 18, 2008 10:54 pm

It will be interesting to see how things fair at the McTears and Bonhams auctions i guess that will tell the real story.

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