But that’s not what this article is about. The bourbon is heading to retailers now, with a suggested price of about $50. Live them. Enjoy a pour of Holy Water 20:8 with a friend and discuss. Share Followers 1. Users have rated this product 5 out of 5 stars. Do you think if they shut down the secondary market overnight, would it just come back? If you were to have a legal secondary market, what would it look like? Bourbon Secondary Market is the worst by far. Elmer T. Lee is a great bourbon for $40, but it is quite frankly a terrible value at $100+. Find the ideal Scotch whisky, Bourbon whiskey and more with our advanced whisky finder, where we look for the right whisky at the right price. To people who argue solemnly that the secondary market accounts for the higher prices we pay for whiskey today, consider this. 0:00 Got a two and a half year old. Bourbon . $800 for GTS? Let us find you a brand that might fit your tastes or price for that matter. The simple fact is, consumers want the ability to exchange goods with one another; bourbon, or any alcohol for that matter, is no different. ANYONE THAT VIOLATES FACEBOOKS COMMUNITY STANDARDS WILL BE REMOVED FROM THE GROUP. Hey guys, I’ve been getting into collecting a bit and wanted to know what everyone considers reasonable secondary prices for hard to find, but not unicorn bottles. Bourbon is a style of corn-based, barrel-aged whiskey that originated in the southern United States. $150 for EH Taylor Small Batch? Auction prices for collectible whisky increased significantly! This is a bourbon I used to casually drink from time to time in the early 2010s, but even then I didn’t have a particularly strong attachment to it. Price gouging and the secondary market By flahute , May 15, 2016 in General Bourbon Discussion This topic has been inactive for at least 365 days, and is now closed. 3. share. It’s funny to think, though, that I bought a bottle of this for a friend’s birthday party in 2013 for probably … $25? 0:06 These are the rules of the Bourbon Secondary Market. Average Price: $45 Distillery: Buffalo Trace Distillery, Frankfort, KY The Whiskey: This wheated bourbon is the actual predecessor to Pappy. Please feel free to start a new thread on the subject! Blanton’s 30th Anniversary Bourbon at 93 Proof 46.5% ABV was released in 2014 to commemorate 30 years of Blanton’s, it was available as a limited run only for sale in the Japanese market. Though tens of thousands of new bottles are released each November, with the rather-reasonable price tag of $249 for the 23 Year, the secondary market … A private Facebook page called “Bourbon Secondary Market” boasted more than 18,000 members in June 2016, according to what can be publicly viewed on the page. Single barrel bourbon or barrel finished cocktail? BottleBlueBook uses multiple sources to track the current prices on the bourbon secondary. By Nino Kilgore-Marchetti / October 27, 2016 As the latest crop of Van Winkle whiskies make their way across the country to markets where, for the most part, the prices will be super overinflated, there will be at least a few whiskey drinkers/collectors pondering how much these bottles really should cost. It’s a global phenomenon. MONTHLY UPDATE The Whiskystats Price Update for November 2020 15. The Scotch whisky market isn’t the only one susceptible to the surge. By flahute, May 15, 2016 in General Bourbon Discussion. Most of our indices are deep in the green. These days Blanton’s Silver is only for sale on the secondary market. This is an INTERNATIONAL group where bourbon aficionados, enthusiasts, and collectors come to buy, sell, trade; WHERE THE LAW … Love them. Release Date: Sept. 2020 Age: 11 Alc/Vol: 55.35% Proof: 110.7 Bottle Count: 177 Class: Straight Bourbon Whiskey State of Distillation: TN Available at select retailers in TN. The “bourbon secondary market” is plural — referring to all of the secondary whiskey marketS — because there are tons of places that spirits are resold. Weller and … Examples. Should distilleries price the bourbon so high that it basically eliminates the secondary market? For the better part of the 21st century, the price of virtually all aged spirit has soared. Find the right whisky for yourself or as a gift online. A Bourbon distillery sells bottles to the distributor knowing the price will be marked up by the distributor and the retailer before reaching the consumer. What they’re referring to of course is the Secondary Market, and unfortunately finding “it” isn’t as easy as shopping on Amazon. PRIVATE BARREL. Report Save. Secondary/gouging price: $300. EPISODE . The vast majority of Bourbon is made in Kentucky, which remains its spiritual hom ... Stores and prices for 'Old Charter Oak French Oak Kentucky Straight B ... ' | prices, stores, tasting notes and market data. While the illicit secondary fills a natural gap in the market for bourbon and is no more than willing buyers connecting with willing sellers, it does open the door to a number of problems. BTAC (Sazerac) is one of the biggest drops in the bourbon year — second only to the Pappy drop in November. 3 years ago. In fact, W.L. You will be quizzed prior to being admitted into the BSM group. So there’s limited things to be done. Report Save. 3 years ago. General Bourbon Discussion ; Price gouging and the secondary market Price gouging and the secondary market. In my opinion this is a perfect example of the Law of Diminishing Returns kicking in where I can buy multiple bottles of similar quality for the same price I would have to pay for one bottle of ETL on the secondary market. For instance, a rare bottle of Macallan 60-Year-Old 1926 Scotch whisky sold for almost $1.9 million at a Sotheby’s auction, setting a new auction record for any bottle of wine or spirit. Below, are the recent prices I have seen on the secondary market. From Scottish, Irish, American, Japanese whiskies and many other regions around the world. I’m sure it comes to no surprise that the Secondary Market is not one, but a conglomerate of multiple outlets someone can use to buy or sell Whiskey that is rare, or sometimes impossible, to find sitting on the shelf of the local liquor store. Learn them. 3. share. What makes it so popular? 033. Macallan is all over the place but prices for some rare Springbank and Glenfarclas soar up too. Not sure what to buy? level 2. No, BSM, or Bourbon Secondary Market, was simply a spot for drinkers to re-sell bottles of coveted American whiskeys. secondary markets exist for bourbon, (2) is the increased demand for bourbon reflected in secondary market prices, and (3) are secondary markets “efficient” despite their unusual institutional features. The Secondary Market & Three-Tier System at Work. Secondary/gouging price: $300 This is a bourbon I used to casually drink from time to time in the early 2010s, but even then I didn’t have a particularly strong attachment to it. Bourbon is a style of corn-based, barrel-aged whiskey that originated in the southern United States. The vast majority of Bourbon is m ... Stores and prices for 'Black Maple Hill 16 Year Old Premium Small Bat ... ' | prices, stores, tasting notes and market data. Yep, all the shitlords congregate in BSM. level 1. This topic has been inactive for at least 365 days, and is now closed. This year will see the new Eagle Rare … Here is the Whiskystats Price Update for December 2020! There are other, smaller secondary groups with lower prices on less desired bottles. Secondary market for whiskies continue to explode with prices reaching highs never seen before in the high-end spirits market. “Good riddance,” wrote one person on Reddit’s r/bourbon thread. Thanks to the Internet, pricing guides now exist to help you keep track of the world of black-market bourbon and whiskey, says First We Feast.Within the past year, two online “blue books” have surfaced in an attempt to track the quickly changing prices in ‘secondary-market whiskey selling,’ as the collectors, buyers, and sellers call it. Yeah I just recently joined too and immediately realized the craziness too. It’s the base for some of the most sought-after whiskeys on the secondary market, like Pappy Van Winkle. The bourbon market doesn’t have the advantage of using mass amounts of data since the resale of alcohol is technically illegal (or a gray area?)
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