Moderator: Squire
berkeley223 wrote:I have 3 bottles of Patty Van Winkle 23. I bought out a store's stock a few years ago when I saw they were selling them for a good 100-200 less than I'd seen elsewhere (paid $180 each). I haven't opened the bottles and frankly I like other bourbons more so I don't have any strong desire to drink it. I was in a liquor store today and see them selling for $999! The owner offered to buy mine and asked me to make him an offer, I said I'd think about it.
Question: if I were to sell these today, what do you think I could get?
More important (perhaps newbie) question: Will this stuff keep appreciating? If I hang on for 5-10 years could it be worth much more than $999? I know they have limited releases of the 23 year old from time to time, so it's not like this stuff is the last bottles that will exist.
Thanks
bourbonv wrote:From time to time people will show up at this forum simply to find out how much their old bottle is worth and how to sell it. I think this would be a good place to discuss this question in some detail.
The short answer to the question is simply - Your bottle is worth whatever you can convince someone to give you for it.
There is no real market for old American whiskey for several reasons. The first is that it is illegal to sell alcohol without a license.
Mike Veach
Danial wrote:bourbonv wrote:From time to time people will show up at this forum simply to find out how much their old bottle is worth and how to sell it. I think this would be a good place to discuss this question in some detail.
The short answer to the question is simply - Your bottle is worth whatever you can convince someone to give you for it.
There is no real market for old American whiskey for several reasons. The first is that it is illegal to sell alcohol without a license.
Mike Veach
This is my first post here, so I hope this doesn't come off as spam but I would like to address this old post from Mr. Veach. Contrary to popular belief, it is legal to ship adult beverages through UPS and Fed-Ex. And the USPS is now strongly considering allowing the same for private individuals. In August, the postmaster went on record as saying that it was time for the USPS to tap into that market for the revenue it would generate and they are now considering it for 2014.
As for "no real market for old American whiskey", I don't know what part of the country Mike's from, but I can assure you, the market is alive and well where I am from and has been for some time. While I have more of an interest in drinking the stuff than collecting it, there are at least couple of venues online where collectors buy and sell all the time. It's a thriving market.
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