Bourbon Joe wrote:This should be very good bourbon and is worth as much as $100 for the full bottle. Very Old Fitz would be worth that 300 dollars. You can drink it or sell it. Since it was bottled in the same year as I graduated from high school, I would offer you 100 for it, if it is in pristine condition. Let me know.
Wait, it is a Very Old Fitzgerald, so im confused. Is it worth $100 or $300? The bottle is in really good condition, I dont see any seepage around the top or discoloration.
Actually I just checked on ebay, i dont know why I didnt think of that earlier to gauge the price as that is generally a real time value of what people will pay, but it seems that this particular bottle should be worth somewhere in the $400-$600:http://www.ebay.com/itm/Very-Rare-One-o ... 2a2314bec5
This one is newer and its only an 8 year oldhttp://www.ebay.com/itm/Sealed-Very-Old ... 2c681f9a64
This one is a 12 year old and just slightly younger than my bottlehttp://www.ebay.com/itm/Rare-Very-Old-F ... 4d0450afca
Now this one is younger as well and again only an 8 year oldhttp://www.ebay.com/itm/Sealed-Vintage- ... 4169bed01e
This is the only that was older by a year, but it was also only an 8 year.
Now thats been over the last month or so, so those should be a fair measuring stick on the price. And please dont get me wrong, I am not trying to insult anyone since you guys are the experts, but why has it been selling so high? Whats so great about this Bourbon? Like I said, I dont know much about it, and I am still inclined to keep it for myself as it seems to be worth a little something and I think I would learn to appreciate it later on in life. I mean I really do only spring for bourbon when I am in the drinking mood, I just havent learned the subtleties or the distilleries and things like that.
On a side note, ive been doing some browsing and realize that ebay has been practically shut down on selling these types of bottles (I noticed there were no active listings aside from an old empty) apparently it had been fine until that 12 year old bought some bottles and exposed how lax the age verification was. What effect does that have on the value of something like this? Wouldnt that suggest I hang onto this bottle for some time? I mean now there really isnt anywhere for someone to pick these bottles up unless they stumble on one and the way it looks, there is a huge interest in this stuff stemming from the Pappy Van Winkle line.
I will say that I have no problem entertaining offers on this bottle if someone is truly interested and isnt trying to low-ball me, just shoot me a PM with your number and I will go from there, but be warned this bottle isnt leaving my possession for anything under $300, I value it more than that for my own personal collection.
Thanks for allowing me the opportunity to learn about this subject and i hope we can keep the conversation flowing, ive already learned a good deal about my bottle and look forward to hearing what you guys have to say.
Oh and one last thing, is there any way to preserve the bottle if I open it? Can it be transferred to a new set-up so the cork wont deteriorate and make the bourbon go all funky as one user mentioned? Or is my only option to just open it and drink it within a year?