People put stock in whisky

[Gregg]

While investors flee traditional markets such as stocks and commodities on growing recession fears, trade in rare bottles of whisky is flourishing.

Roughly 11 months after the launch of a Dutch online trade platform for exclusive single malt whiskies, mostly from Scotland, the World Whisky Index has seen an average return of 26.2 per cent, compared to a more than 40 per cent decline in the MSCI World stock index.

"There's big demand for rare whiskies and people are willing to offer a lot of money for certain bottles", said a spokesman for The Whisky Talker, a Dutch firm that initiated the index website which aims to bring buyers and sellers together.

Since its launch last November, the index has seen investment inflows of around 2 ($NZ4.5) million euros, and consists of 4498 bottles at present, the spokesman said.

The top gainer on the index is a 30-year old Bowmore Scotch whisky in a ceramic bottle, which has gained about 137 per cent in the past eleven months and is now worth about 450 euros.

A 15-year old Convalmore is the top loser, slipping 27 per cent in the same period to 80 euros.

But even if the 80-proof alcoholic drink turns out not to be recession-proof, there is still a reassuring side to this type of investment.

"While shares and obligations can become completely worthless, if bottles turn out to be not very valuable, you always still have the bottle to drink", the spokesman said.

http://www.stuff.co.nz/4730369a4560.html

 

[Anthem]

That is a no loose situation.

Thanks for a good article.

AVB should send his millions over there :laugh:

 

[AVB]

Roughly 11 months after the launch of a Dutch online trade platform for exclusive single malt whiskies, mostly from Scotland, the World Whisky Index has seen an average return of 26.2 per cent, compared to a more than 40 per cent decline in the MSCI World stock index.

"There's big demand for rare whiskies and people are willing to offer a lot of money for certain bottles", said a spokesman for The Whisky Talker, a Dutch firm that initiated the index website which aims to bring buyers and sellers together.

Since its launch last November, the index has seen investment inflows of around 2 ($NZ4.5) million euros, and consists of 4498 bottles at present, the spokesman said.

The top gainer on the index is a 30-year old Bowmore Scotch whisky in a ceramic bottle, which has gained about 137 per cent in the past eleven months and is now worth about 450 euros.

You mean this one?

It is a good place to sell but pretty expensive if you are buying.

 

[indyrob]

You mean this one?

It is a good place to sell but pretty expensive if you are buying.

OhForCryingOutLoud!


If I can't have a bottle of my own, it's nice to know someone who does.

 

[AVB]

Don't bitch too much, mines not worth anything. I've opened it and it's at least half gone

OhForCryingOutLoud!


If I can't have a bottle of my own, it's nice to know someone who does.

 

[kiwifruit]

Is it good and is it worth the price point?

Your reviews are so helpful in that it looks past the marketing and lets us know if the additional years are worth the $$$.

 

[AVB]

It is good and certainly worth the $250 or so I paid for it but if it is worth $600 now is hard to say. At $250 I opened it. At $600 it would most likely be sitting on the shelf next to some of my other collectibles.

Is it good and is it worth the price point?

Your reviews are so helpful in that it looks past the marketing and lets us know if the additional years are worth the $$$.

 

[kiwifruit]

Thanks.

So the Bowmore is inline with your Macallan 30 review. Awesome buys when you bought them but currently not worth the price difference compared to the 18 year old.

 

[AVB]

No, you can't say that because the current Bowmore 30 can be had for under $350 if you look hard. It is this particular one, the Sea Dragon, that has gone up in value.

Thanks.

So the Bowmore is inline with your Macallan 30 review. Awesome buys when you bought them but currently not worth the price difference compared to the 18 year old.

 

[kiwifruit]

Sorry for the misunderstanding and please bear with me. Is the price difference in the Bowmore 18 and Bowmore 25 and 30 worth it then?

Around here, the Bowmore 18 is about 100 and the 25 is about $250.

Thank you for being so helpful by the way. I rely heavily on information from your reviews and whatever else I can find online. It really sucks when you purchase a bottle of scotch only to find out it doesn't suit your taste or live up to the marketing.

In the past year, I gravitated to craft beer since mistakes aren't as costly.

 

[AVB]

In the case of the 25 I do think it is worth it. The 30 is worth it to me also but like many things there is a point of diminishing returns that is different for everybody. If you are not really a "scotch person" then it may not be worth it to you.

Sorry for the misunderstanding and please bear with me. Is the price difference in the Bowmore 18 and Bowmore 25 and 30 worth it then?

 

[kiwifruit]

Thank you. I really enjoy good scotch but sometimes buying an expensive bottle that doesn't turn out so well gets annoying.