I have an opportunity to purchase this bottle, it will be around $1700.00. I will never open it, is this a good investment. For that amount of money, is their better buys for the long haul? Opionins would be great!
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I have an opportunity to purchase this bottle, it will be around $1700.00. I will never open it, is this a good investment. For that amount of money, is their better buys for the long haul? Opionins would be great!
By and large, you're asking the wrong folks here -- not because it's a Scotch, but because it's a collectible. Most of us drink our whiskeys. :yum:
Chuck has pretty much summed up our collective viewpoint of whisk(e)ys as investments here:
http://www.straightbourbon.com/forum...nt.php?f=9&a=3
Although he is addressing American whiskey, and SMSW does have a pretty wide collector base, it is scattered so much throughout the world that bringing potential buyers together in a bidding critical mass would, I think, prove problematic.
For whatever it's worth, though, WineSearcher shows an average price for this bottling of c. $2,750. But, then, how thorough will a wine search engine be regarding liquor?:skep:
Also FWIW, if I were determined to spend almost $2,000 on whiskey, I believe I'd spread it out over several different bottles and types. Then, if my investment turned into a monetary bust, at least I'd likely have multiple bottles with which to drown my misery.
Good advice! All that money on one bottle seems risky.Quote:
Originally Posted by TNbourbon
Please get it and provide tasting notes. :grin:
Tell the truth, I often use wine-searcher whenQuote:
Originally Posted by TNbourbon
searching bourbon pricing and find it to be a big
help. Between that & google shopping, I'm able
to find the best price for someone that ships to
my area. I even subbed to WS pro at the suggestion
of some here (or at BE, I don't recall).
This seems like good advice, especially if you'reQuote:
Originally Posted by TNbourbon
looking for investment material and not intending
to drink. Finding a happy medium might be your
best bet.
My jaded soul says," If you don't wanna drink it, don't buy it." Buy a bond or invest in something else. Whisk(e)y is the water of life. Let someone buy it that will drink it. A 52 year old bowmore may be a bit dry with the wood. Maybe grab a White Bowmore. I can say that the white is special. Lots of flavor, and shockingly sprite for its age. :grin:
Being a Scotch collector myself, $1700 is a good price at the moment for a 38 yo 1957 Bowmore distillery edition (1 of 861) provided that it has the box, key, key bag and the side inserts. You should be able to realize a nice return in 5 years.
I'd buy it if I knew where it was :)
Are there better buys.....sure, the problem is figuring out which one. I've done well with Balvenie Vintage Casks but they started at much less then $1700. The 1946 Macallan 50 & 52 yo have about doubled in price since release for example.
Who knew back in 1993 that the bottle of Black Bowmore I paid about $130 for would be worth $4000 today. It was a great bottle for $130 but I don't think I'd open it now if I had to shell out $4k. I guess I should have bought more of them and drank less. Good Luck
4600 for a black, and 6000 for a white. A 38 year old Bowmore should taste amazing. And...1700 is a steal IMO. 130 for a black AVB...that's awesome. I'm very, very, very jealous. :cool:
Yeah the first release 29 yo was only £80 list price when it came out. Tasted pretty good too!
Finally got it, Bottle #517/#861, excited, investment good or bad I have one. Did post this in, What did you purchase today thread. Just typing this in with a MM drink. :grin: What a day!!