BottleBlueBook uses multiple sources to track the current prices on the bourbon secondary. Should distilleries price the bourbon so high that it basically eliminates the secondary market? level 2. 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. but there is a new site that started tracking the bourbon secondary. 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. Deliciously smooth and full of flavor, this is a crowd-pleaser. Please feel free to start a new thread on the subject! Users have rated this product 5 out of 5 stars. Auction prices for collectible whisky increased significantly! There are other, smaller secondary groups with lower prices on less desired bottles. PRIVATE BARREL. From Scottish, Irish, American, Japanese whiskies and many other regions around the world. 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. $800 for GTS? 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. 3 years ago. Yeah I just recently joined too and immediately realized the craziness too. It's about $25 now, a 130% increase, but Rittenhouse Rye BIB never has been a player in the secondary. level 1. 0:00 Got a two and a half year old. What they’re referring to of course is the Secondary Market, and unfortunately finding “it” isn’t as easy as shopping on Amazon. 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. 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. Elmer T. Lee is a great bourbon for $40, but it is quite frankly a terrible value at $100+. ANYONE THAT VIOLATES FACEBOOKS COMMUNITY STANDARDS WILL BE REMOVED FROM THE GROUP. 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. You will be quizzed prior to being admitted into the BSM group. 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?) Live them. 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 … The Scotch whisky market isn’t the only one susceptible to the surge. For the better part of the 21st century, the price of virtually all aged spirit has soared. Examples. 3. share. 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. Secondary market for whiskies continue to explode with prices reaching highs never seen before in the high-end spirits market. Bourbon . Weller and … This is an INTERNATIONAL group where bourbon aficionados, enthusiasts, and collectors come to buy, sell, trade; WHERE THE LAW … Report Save. This topic has been inactive for at least 365 days, and is now closed. General Bourbon Discussion ; Price gouging and the secondary market Price gouging and the secondary market. Bourbon is a style of corn-based, barrel-aged whiskey that originated in the southern United States. 033. It’s a global phenomenon. In fact, W.L. Single barrel bourbon or barrel finished cocktail? 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. 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. A bottle of Rittenhouse Rye BIB cost $11 a decade ago. Not sure what to buy? It’s the base for some of the most sought-after whiskeys on the secondary market, like Pappy Van Winkle. $150 for EH Taylor Small Batch? Average Price: $45 Distillery: Buffalo Trace Distillery, Frankfort, KY The Whiskey: This wheated bourbon is the actual predecessor to Pappy. Let us find you a brand that might fit your tastes or price for that matter. 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. Bourbon is a style of corn-based, barrel-aged whiskey that originated in the southern United States. 3 years ago. BTAC (Sazerac) is one of the biggest drops in the bourbon year — second only to the Pappy drop in November. 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. The “bourbon secondary market” is plural — referring to all of the secondary whiskey marketS — because there are tons of places that spirits are resold. MONTHLY UPDATE The Whiskystats Price Update for November 2020 15. These are the rules of the Bourbon Secondary Market. Love them. “Good riddance,” wrote one person on Reddit’s r/bourbon thread. 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. Report Save. But that’s not what this article is about. Below, are the recent prices I have seen on the secondary market. If you were to have a legal secondary market, what would it look like? 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. Macallan is all over the place but prices for some rare Springbank and Glenfarclas soar up too. Enjoy a pour of Holy Water 20:8 with a friend and discuss. 3. share. So there’s limited things to be done. This year will see the new Eagle Rare … 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. Do you think if they shut down the secondary market overnight, would it just come back? The simple fact is, consumers want the ability to exchange goods with one another; bourbon, or any alcohol for that matter, is no different. Yep, all the shitlords congregate in BSM. By flahute, May 15, 2016 in General Bourbon Discussion. Share Followers 1. 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. What makes it so popular? 0:06 Rock Hill Farms, Weller 12 and Antique 107, Elmer T Lee, EH Taylor Barrel Proof and Single Barrel, and anything else in that range. It’s funny to think, though, that I bought a bottle of this for a friend’s birthday party in 2013 for probably … $25? EPISODE . The bourbon is heading to retailers now, with a suggested price of about $50. 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 Secondary Market & Three-Tier System at Work. These days Blanton’s Silver is only for sale on the secondary market. To people who argue solemnly that the secondary market accounts for the higher prices we pay for whiskey today, consider this. No, BSM, or Bourbon Secondary Market, was simply a spot for drinkers to re-sell bottles of coveted American whiskeys. Secondary/gouging price: $300. Most of our indices are deep in the green. Learn them. 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. Bourbon Secondary Market is the worst by far. Find the right whisky for yourself or as a gift online. Here is the Whiskystats Price Update for December 2020!
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