by pigs nose » Fri Aug 07, 2015 2:10 pm
What I mean is this:
I have a bottle of the old green bottle greenspot that I paid about €40 for. A newer bottle would cost about €60 in the shops. As a collectors item, some might say its worth €70-90. Maybe CWS or someone would price it at €100. But if I were to sell it to CWS or to someone else, Id be lucky to get €50 for it.
So if my friend says shed like to try the old greenspot, we can crack it open and say how its "worth" €100. But in reality I couldnt just walk into a shop and sell it for that. Added to that there are problems with selling spirits wihout a licence etc.
Likewise, if I wanted a second bottle to replace the one we drank, even though its "worth" €100, I wouldnt pay that because, for all I know, he seller has taken an old bottle, filled it with paddy and resealed it.
Im not saying your plan wont work, and there are some great stories about people buying bottles of baileys whiskey for £20 and selling them for a grand a few years later etc. But those are very rare exceptions.
Again just in my view! Ive toyed in the past with the idea of selling a few bottles and of buying colectibles off individuals (as opposed to retailers, auctions etc) but usually Ive decided against it.
If, notwithstanding the above, you do want to proceed, the best bets are first editions from a distillery, editions about to be discontinued, distilleries that have closed, once off for special events e.g. royal marriages etc.