Back when I was first getting my taste buds wet with premium bourbons, I didn't care how much a premium bottling of bourbon would cost, I just wanted to have it. The most I have shelled out was around $90 for a bottle of Pappy 20, which is a damn fine bourbon. Lately though I am having a harder time forking over the big bucks that some of these bourbons are commanding. I mean, are Pappy 23yo and Hirsch 20yo really $180 better than my Weller 12yo? Would I be paying more for far superior bourbon, or am I paying more just because it is so rare? Obviously supply-side economics play a big role in pricing, but what I am asking is: Will I get that much more enjoyment out of it as far as taste is concerned? Increasingly the answer is becoming no. With so many great bottlings in the $15-$30 range, why would I pay more for something other than to just say I have it? This doesn't really apply to collectors like Mark and Chris, who have a different motivation, but more to those of us in casual Bourbonia.
Anyway, I am interested in what price you call the limit for your typical bourbon purchases? Putting aside the "special occasion" purchase, where do you draw the line? For me it is around the $45 mark. Considering that everything in the Antique collection can be had for that price, how much better quality can the more expensive bourbons be?