Love this Ralfy. I use auctions a fair bit, mostly for bottles such as SB15's & Kilkerran's just to put into the stash. I will say this, I don't even look at bottles with a reserve on them. Cheers, and take care mate👍
My experience of auctions is property, totally different concept to quick sale collectibles, A single sale can take 15-20 minutes as bids are eeked out of buyers. We do have a local auction house that has a sale in a few weeks of whisky, spirits, cigars and other such items. All appear to be from house clearances etc as there are more Bells Christmas Special decanters than I have ever seen! As its so close I'm minded to enter a few commission bids as cheaper bottles are grouped together and also attend to see just how much people will pay for a bottle of 20-30 year old (judging by the labels) of standard Red Label! The question is do I bid on a plastic box full of 200 minatures!? When bidding it is also easy to forget buyers fees which will add 20-30% of any price paid, so not insignificant.
About half of my current collection is from on-line auctions and I rarely focus on any particular bottle but bid embarrassing low on many, with a strike rate of about 5% Any wins are a genuine bargain and if you're fortunate enough to live locally, then collect to save on postage and insurance.
U.K. auctions can be great but they hammer you for postage and don’t usually include insurance in the price. Way less value than retailers on that score.
I set my budget at 100 euros per bottle, not including additional costs. You can find some very good bottles for that price, like single casks from Glenallachie, if you are a fan of that distillery. I have made exceptions of course. I bought a single cask cask strength non-chill-filtered 48-year-old cognac for 200 euros. I haven't opened the bottle yet, so I can't say if it's worth the money, but 48 years of maturation in wood, and then straight from the cask for only 200. It seems a good price for me. The brand is Vallein Tercinier btw.
I'm in the US and have just started gearing into the auctions late last year. I definitely agree with settling a budget. And living here, part of my budget includes shipping charges that I have to take into account. Sometimes I lose on bottles I want, but like you said there is almost always another bottle in the next auction. I have only enjoyed the auctions more because of the selection of scotch in the US, basically all core range bottleings. Good to find harder to get bottles at a reasonable price if you win the auction. Best of luck to all 🥃
Reserve prices are only put down on unique modest size lotts. A person that is selling the lott sets the price. Say close enough to double the price. The reason being that the lott can only be sold off once and cannot be flipped again. The reserve price will also deter the whisky flippers away and the whisky collectors will buy them to hold onto or maybe sell them in a pub or hotel if the person is a publican or a hotel owner
Hi Ralfy, for me this video is a real jewei as a piece of micro-history, and marvellously well presented. Thank you so much. And mates, remember to press "like".
I'd like to add one more thing: in auction you need to accept the fact you don't know how a bottle has been stored with the previous owner/s. The risk is higher the older the bottle happens to be. Any whisky can be completely ruined even if it weren't a forgery.
The absurd reserve prices on auction listings just reminds me very much of the Fudds at all the local gun shows in my area. I've seen these same sellers for over twenty years and they keep dragging around the same inventory. They refuse to adjust to the market when prices trend down, saying crap like "I know what I've got" or "I know what it's worth". It's exhausting. The reserve prices set in the stratosphere are the same type of exhausting behavior. And yes, in the US the three-tier system is archaic and cumbersome. A vestigial relic of Prohibition that should have gone away after it ended. Like NATO should have been disbanded after the Soviet Union fell. Mission accomplished, the communists threw in the towel. You are right Ralfy, they just want to pile laws on top of laws and they don't care how it hurts or burdens the populace.
Some On line Whisky Auctions are boycotting whiskies. I only know of one for the moment which is the M&H from Isreal. Involving themselves with politics when they shouldn't be. Lucky enough i didtnt register
Here in America we have to suffice with buying a Blanton's out of some guy's trunk in a parking lot, because that loser goes around to every liquor store buying every bottle that's kind of sort of sought after.
@@SteelheadTed even the best value stuff, which in my opinion is the BiB that’s from the non fancy brands, clocks in at or above the price of a rum that is (in my opinion) better. Scotch is a few dollars more, but for $35 you can get a bottle of NAS Deanston or a 50% ABV Black Bull that are leagues better than the cheap BiB. Any bourbon that’s as good as good single malts seems to be 2x the price of a single malt and 3-4x the price of a great rum. It’s frustrating because bourbon is local, so it should be cheaper… but for some crazy reason it just isn’t.
Seeing that Britain has taken free speech away from her subjects. And presumably other rights as well, one can understand why they see the need to disarm the civilian populace. We wouldn’t want any resistance to tyranny now would we.
Love this Ralfy. I use auctions a fair bit, mostly for bottles such as SB15's & Kilkerran's just to put into the stash. I will say this, I don't even look at bottles with a reserve on them. Cheers, and take care mate👍
My experience of auctions is property, totally different concept to quick sale collectibles, A single sale can take 15-20 minutes as bids are eeked out of buyers.
We do have a local auction house that has a sale in a few weeks of whisky, spirits, cigars and other such items. All appear to be from house clearances etc as there are more Bells Christmas Special decanters than I have ever seen!
As its so close I'm minded to enter a few commission bids as cheaper bottles are grouped together and also attend to see just how much people will pay for a bottle of 20-30 year old (judging by the labels) of standard Red Label!
The question is do I bid on a plastic box full of 200 minatures!?
When bidding it is also easy to forget buyers fees which will add 20-30% of any price paid, so not insignificant.
About half of my current collection is from on-line auctions and I rarely focus on any particular bottle but bid embarrassing low on many, with a strike rate of about 5%
Any wins are a genuine bargain and if you're fortunate enough to live locally, then collect to save on postage and insurance.
U.K. auctions can be great but they hammer you for postage and don’t usually include insurance in the price. Way less value than retailers on that score.
Lovely little stories. Love it!
I set my budget at 100 euros per bottle, not including additional costs. You can find some very good bottles for that price, like single casks from Glenallachie, if you are a fan of that distillery.
I have made exceptions of course. I bought a single cask cask strength non-chill-filtered 48-year-old cognac for 200 euros. I haven't opened the bottle yet, so I can't say if it's worth the money, but 48 years of maturation in wood, and then straight from the cask for only 200. It seems a good price for me. The brand is Vallein Tercinier btw.
I love a nice smoky scotch, single malt or blended. I tend to like grain spirits in general but sometimes I enjoy Metaxa or brandy.
Ralfy me old chap, what's your fav music to put on whist having a dram? An idea for extra, extras?
From counterfeit olive oil to counterfeit wine. Even the LCBO sold counterfeit wine in toronto
I'm in the US and have just started gearing into the auctions late last year. I definitely agree with settling a budget. And living here, part of my budget includes shipping charges that I have to take into account. Sometimes I lose on bottles I want, but like you said there is almost always another bottle in the next auction. I have only enjoyed the auctions more because of the selection of scotch in the US, basically all core range bottleings. Good to find harder to get bottles at a reasonable price if you win the auction. Best of luck to all 🥃
Haven’t found a decent US auction… where are you bidding?
@@robfut9954 scotch whiskey auctions
Reserve prices are only put down on unique modest size lotts. A person that is selling the lott sets the price. Say close enough to double the price. The reason being that the lott can only be sold off once and cannot be flipped again. The reserve price will also deter the whisky flippers away and the whisky collectors will buy them to hold onto or maybe sell them in a pub or hotel if the person is a publican or a hotel owner
Hi Ralfy, for me this video is a real jewei as a piece of micro-history, and marvellously well presented. Thank you so much. And mates, remember to press "like".
Fantastic! Thanks, Ralfy.
I'd like to add one more thing: in auction you need to accept the fact you don't know how a bottle has been stored with the previous owner/s. The risk is higher the older the bottle happens to be. Any whisky can be completely ruined even if it weren't a forgery.
Good Evening 😊 Absolutely a Great Review👌🏽 Thanks Mate 👏🏼 Greetings From South Africa 🇿🇦
I just won a bottle of Bell’s islander to accompany one book.
Will see how the tasting notes in the book correlate to the whisky 😂
What’s a good online community option sites / community to purchase or sell decent whisky with whisky lovers apart from auctions
The absurd reserve prices on auction listings just reminds me very much of the Fudds at all the local gun shows in my area. I've seen these same sellers for over twenty years and they keep dragging around the same inventory. They refuse to adjust to the market when prices trend down, saying crap like "I know what I've got" or "I know what it's worth". It's exhausting. The reserve prices set in the stratosphere are the same type of exhausting behavior.
And yes, in the US the three-tier system is archaic and cumbersome. A vestigial relic of Prohibition that should have gone away after it ended. Like NATO should have been disbanded after the Soviet Union fell. Mission accomplished, the communists threw in the towel. You are right Ralfy, they just want to pile laws on top of laws and they don't care how it hurts or burdens the populace.
Jesus, that went dark didn’t it.
Some On line Whisky Auctions are boycotting whiskies. I only know of one for the moment which is the M&H from Isreal. Involving themselves with politics when they shouldn't be. Lucky enough i didtnt register
😁☕👍
Here in America we have to suffice with buying a Blanton's out of some guy's trunk in a parking lot, because that loser goes around to every liquor store buying every bottle that's kind of sort of sought after.
Trunk whisky is the best.
I see Blanton every couple months on the shelf for $75. I rarely buy it, especially if Elijah Craig BP is sitting right next to it for less.
Bourbon is a poor choice of purchase these days. Terrible value to quality.
@@robfut9954 All bourbon? LIke, none of it is good value to quality? You're casting a awful wide net there.
@@SteelheadTed even the best value stuff, which in my opinion is the BiB that’s from the non fancy brands, clocks in at or above the price of a rum that is (in my opinion) better. Scotch is a few dollars more, but for $35 you can get a bottle of NAS Deanston or a 50% ABV Black Bull that are leagues better than the cheap BiB. Any bourbon that’s as good as good single malts seems to be 2x the price of a single malt and 3-4x the price of a great rum. It’s frustrating because bourbon is local, so it should be cheaper… but for some crazy reason it just isn’t.
Seeing that Britain has taken free speech away from her subjects. And presumably other rights as well, one can understand why they see the need to disarm the civilian populace. We wouldn’t want any resistance to tyranny now would we.