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RIDICULOUS PRICES

Tom03
Connoisseur Connoisseur
Posted on 03-05-2017 at 22:10 pm

https://www.whiskybase.com/whisky/45075/imperial-1995-vw

345€!!!! ?????

I bought one 2 years ago for the lovely price of 55€ for a friend as a birthday present...


Tom03
Connoisseur Connoisseur
Posted on 03-05-2017 at 22:13 pm

https://www.whiskybase.com/whisky/27442/benromach-1977

850€ ????? !!!!!

Still available at a local store ... around 200€


peathead
Expert Senior Senior Expert
Posted on 03-05-2017 at 22:36 pm
Yes, I was wondering where that crazy price came from.  850 € is outrageous.  I bought that bottle half way last year at 198 €.



  Edited on 03-05-2017 at 22:37 pm
mrgood
Expert Junior Junior Expert
Posted on 03-05-2017 at 23:58 pm

if the Benromach is still available it certainly doesn't make sense but the Imperial might.  Closed-distillery-syndrome, and with Imperial it's a sure thing because the distillery is dust now.  If someone has a serious hard-on for Imperial (or that particular bottling of Imperial) and are willing to pay, then the valuation is justified.  It's just too bad there isn't a magical way to know the last price the bottle actually SOLD for anywhere in the world.

lincolnimp
Connoisseur Connoisseur
Posted on 04-05-2017 at 00:19 am
peathead wrote:
Yes, I was wondering where that crazy price came from.  850 € is outrageous.  I bought that bottle half way last year at 198 €.



Whiskybase marketplace is full of speculators, dreamers and chancers where prices are concerned, in my humble opinion you just look foolish asking crazy prices.

Here is another example more than twice its ever gone for at auction 2000 euro

https://www.whiskybase.com/whisky/3298/clynelish-1972

At least it is up for offers.

Edit, Jesus look at this one from the same seller, 2250 euro only a year ago on whiskyacution one went or 560 euro

https://www.whiskybase.com/whisky/36609/benriach-1976

2500 euro is a bargain for this 1980 16 year Cadenhead but hey its a ort Ellen so it must be worth it right?

https://www.whiskybase.com/marketplace/whisky/34339



Do Marketplace sellers really think others in the WB community are that stupid, I would be embarrassed to ask so over the odds for  a bottle. I have no problem people chancing their arm but these prices beggar belief.


  Edited on 04-05-2017 at 00:39 am
VaryingViewpoint
Expert Senior Senior Expert
Posted on 04-05-2017 at 01:02 am

lincolnimp wrote:
peathead wrote:
Yes, I was wondering where that crazy price came from.  850 € is outrageous.  I bought that bottle half way last year at 198 €.

Do Marketplace sellers really think others in the WB community are that stupid, I would be embarrassed to ask so over the odds for  a bottle. I have no problem people chancing their arm but these prices beggar belief.

In a word yes. But, that doesn't mean that includes you or anyone else that has any common sense when it comes to valuation. This type of over the top high pricing happens to every collectible; from CDs to DVDs to Stamps and so on.... It's all about finding that someone that is willing to pay the premium on something that only they think is worth it. And that's all it takes. One.


There's nothing happening in whisky pricing that doesn't happen with any other collectible. 
One life... Drink it well
lincolnimp
Connoisseur Connoisseur
Posted on 04-05-2017 at 09:02 am
lincolnimp wrote:
peathead wrote:
Yes, I was wondering where that crazy price came from.  850 € is outrageous.  I bought that bottle half way last year at 198 €.

Do Marketplace sellers really think others in the WB community are that stupid, I would be embarrassed to ask so over the odds for  a bottle. I have no problem people chancing their arm but these prices beggar belief.

In a word yes. But, that doesn't mean that includes you or anyone else that has any common sense when it comes to valuation. This type of over the top high pricing happens to every collectible; from CDs to DVDs to Stamps and so on.... It's all about finding that someone that is willing to pay the premium on something that only they think is worth it. And that's all it takes. One.


There's nothing happening in whisky pricing that doesn't happen with any other collectible. 

You are right VVP but putting something on here with such a high price is self defeating. If something has a high value but is open to offers people are still tempted but if the valuation is so incorrect and high, people do not tend to bother if their valuation is less than half the asking price, generally people just by pass it.
Lets face it, If you accept less than half the price of what you are asking, again you would  look a bit  foolish, all you are doing is putting off punters who would give a fair all round price.
But as you say its everywhere, like I said chancers but they only need one mug to make them happy don`t they.
There is a big difference between high prices and utterly ridiculous prices but I suspect the people who ask silly money are not desperate for cash in the immediate future and can afford to hook that big fish with money to burn.

We all want to buy cheap and sell high I suppose but there is a limit to everything, some of the Marketplace sellers on here obviously have no limits wink
  Edited on 04-05-2017 at 09:12 am
karloo
Newbie Newbie
Posted on 04-05-2017 at 10:02 am

Hi guys,

Note to yourself: the value and prices are two different things.
Collectables will be priced high ( not only whisky ) until central banks start lifting interest rates which I can't see happening anytime soon, It's all about trust in our paper money. People with too much of that paper prefer anything else, name it: paintings, stamps, whisky, gnomes, Pokemon cards, bitcoins etc. 
Once paper money become store of value again, everything will come down to earth, until then,,,
From another thread about HP 18. IMHO today's HP18 is not even shadow from older HP18 ( round bottle ). For an almost same price, you can buy Caol Ila 25 in Europe, which is totally underrated whisky ( again IMHO ).
cheers 
VaryingViewpoint
Expert Senior Senior Expert
Posted on 04-05-2017 at 18:41 pm
lincolnimp wrote:
lincolnimp wrote:
peathead wrote:
Yes, I was wondering where that crazy price came from.  850 € is outrageous.  I bought that bottle half way last year at 198 €.

Do Marketplace sellers really think others in the WB community are that stupid, I would be embarrassed to ask so over the odds for  a bottle. I have no problem people chancing their arm but these prices beggar belief.

In a word yes. But, that doesn't mean that includes you or anyone else that has any common sense when it comes to valuation. This type of over the top high pricing happens to every collectible; from CDs to DVDs to Stamps and so on.... It's all about finding that someone that is willing to pay the premium on something that only they think is worth it. And that's all it takes. One.


There's nothing happening in whisky pricing that doesn't happen with any other collectible. 

You are right VVP but putting something on here with such a high price is self defeating. If something has a high value but is open to offers people are still tempted but if the valuation is so incorrect and high, people do not tend to bother if their valuation is less than half the asking price, generally people just by pass it.
Lets face it, If you accept less than half the price of what you are asking, again you would  look a bit  foolish, all you are doing is putting off punters who would give a fair all round price.
But as you say its everywhere, like I said chancers but they only need one mug to make them happy don`t they.
There is a big difference between high prices and utterly ridiculous prices but I suspect the people who ask silly money are not desperate for cash in the immediate future and can afford to hook that big fish with money to burn.

We all want to buy cheap and sell high I suppose but there is a limit to everything, some of the Marketplace sellers on here obviously have no limits wink


You're correct on the "high price is self defeating". I guess I'm just used to it from my years on eBay as both a buyer and seller. Most but not all, way over priced (200%-1000%) items are never sold for the original asking price. I laugh at the "buy-it-now or best offer" prices on eBay as so many of those are sold at 40%-60% of the asking price. It just shows that the seller has no idea of what the true value is of the item they are selling and is just hoping for as much as possible. But, in thinking about it a little more these type of over reaching pricing does skew the market as a lot of new members that are new to whisky can easily get caught-up in the hype and it may take years and many thousands of ill-spent dollars to find that most over-priced items are not what they may appear to be, as far as what true valuation goes, that is.

  Edited on 04-05-2017 at 19:04 pm
One life... Drink it well
VaryingViewpoint
Expert Senior Senior Expert
Posted on 04-05-2017 at 18:52 pm
karloo wrote:

Hi guys,

Note to yourself: the value and prices are two different things.
Collectables will be priced high ( not only whisky ) until central banks start lifting interest rates which I can't see happening anytime soon, It's all about trust in our paper money. People with too much of that paper prefer anything else, name it: paintings, stamps, whisky, gnomes, Pokemon cards, bitcoins etc. 
Once paper money become store of value again, everything will come down to earth, until then,,,
From another thread about HP 18. IMHO today's HP18 is not even shadow from older HP18 ( round bottle ). For an almost same price, you can buy Caol Ila 25 in Europe, which is totally underrated whisky ( again IMHO ).
cheers 

You're correct on the fiat currency issue. The people that have the most to spare understand the fragility of the fiat currency system and are for the most part trying to spend what they have on hard assets; precious metals, real estate, collectables and so on... Which just drives prices even higher on most everything. All based on fear.

  Edited on 04-05-2017 at 21:12 pm
One life... Drink it well
mrgood
Expert Junior Junior Expert
Posted on 04-05-2017 at 19:17 pm

.... It's all about finding that someone that is willing to pay the premium on something that only they think is worth it. And that's all it takes. One.

a fool and their money are soon parted... and these days there are more than enough fools to go around.

djmaxliving
Expert Junior Junior Expert
Posted on 05-05-2017 at 02:46 am

I was in duty free today, going to pick up a bottle of Aultmore 18 after seeing it before priced at £85, then I look at the price today and had to look twice to make sure I wasn't mistaken the price for the 21 year old sadly not, now £110. I just left it for another idiot to buy.

Tom03
Connoisseur Connoisseur
Posted on 05-05-2017 at 03:35 am

https://www.whiskybase.com/whisky/25542/linkwood-1984-twm ...........!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

peathead
Expert Senior Senior Expert
Posted on 05-05-2017 at 10:51 am

Wow, that is ridiculous indeed.  But that's the same as with the Littlemill 1984 CC for La Boutique du Chemin.  It was for sale, pre-order, at 279 €.  Five months later a shop tries to sell it for 400 €.

karloff
Specialist Specialist
Posted on 05-05-2017 at 18:01 pm

I went to my local and favourite whisky shop today to treat myself and I must say, looking around I found it rather depressing, everytime I go in there seems to be a price rise, and that's across the whole board, Scotch,American,Irish etc.I went in with a price in mind to spend and I was struggling. Here is an absolute beauty for ya, Yamazaki 12 now has a price tag of £110 WTF shocked In the words of private Frazer"Doomed, we are all Doomed" I came out with Knob Creek Rye.

I'd much rather be someone's shot of whisky than everyone's cup of tea.
karloo
Newbie Newbie
Posted on 06-05-2017 at 09:55 am

Namesake,

there is no reason to be depressed. Leave Yamazaki for Chinese wannabe Japanese. From a top of my head:

and twe is an expencive shop. Yamazaki 12 is good but 50 quid good.








  Edited on 06-05-2017 at 10:15 am
cfosterk
Expert Senior Senior Expert
Posted on 07-05-2017 at 22:42 pm
karloff wrote:

I went to my local and favourite whisky shop today to treat myself and I must say, looking around I found it rather depressing, everytime I go in there seems to be a price rise, and that's across the whole board, Scotch,American,Irish etc.I went in with a price in mind to spend and I was struggling. Here is an absolute beauty for ya, Yamazaki 12 now has a price tag of £110 WTF shocked In the words of private Frazer"Doomed, we are all Doomed" I came out with Knob Creek Rye.


£110 seems cheap karloff. I was in a fantastic wine and whisky shop and noticed Yama 12. I asked the price expecting £70/£80 as I wasn't familiar with the price hikes and was told it was £149 a pop. This shop has the most keen of prices usually and I asked why so expensive. They had been asked by a customer to get a bottle or two. Their supplier had totally stiffed them and charged them £149. They tried to return but that wasnt an option so the shop was trying to get their money back......

lincolnimp
Connoisseur Connoisseur
Posted on 07-05-2017 at 23:04 pm
cfosterk wrote:
karloff wrote:

I went to my local and favourite whisky shop today to treat myself and I must say, looking around I found it rather depressing, everytime I go in there seems to be a price rise, and that's across the whole board, Scotch,American,Irish etc.I went in with a price in mind to spend and I was struggling. Here is an absolute beauty for ya, Yamazaki 12 now has a price tag of £110 WTF shocked In the words of private Frazer"Doomed, we are all Doomed" I came out with Knob Creek Rye.


£110 seems cheap karloff. I was in a fantastic wine and whisky shop and noticed Yama 12. I asked the price expecting £70/£80 as I wasn't familiar with the price hikes and was told it was £149 a pop. This shop has the most keen of prices usually and I asked why so expensive. They had been asked by a customer to get a bottle or two. Their supplier had totally stiffed them and charged them £149. They tried to return but that wasnt an option so the shop was trying to get their money back......


That's what I would call a shop to avoid then, clawing money back after their own slack business practice cost them but rather then just write it off the,y in turn, try to stiff one of their customers.

peatbogger
Specialist Specialist
Posted on 07-05-2017 at 23:45 pm

A few month back I mentioned that a friend called from duty-free and asked if I wanted something.

I triggered on a bottle of Laddie Black Art 4.1 at £150, feeling it was a good price as it was almost £40 under the shop link here on WB.
Originaly released in 2013, this is a delayed batch bottled later.
Seems like it's being released now, because not long ago someone put in a shop link for a different duty-free with about the same price; €175 - £148

This weekend it became available at our stores, but the importer must have had a stroke.
I'm tempted to call and ask if it's a joke... €422 or £358 !!!!!!
Looks like the mad-price-disease has hit our shores sad
cfosterk
Expert Senior Senior Expert
Posted on 07-05-2017 at 23:46 pm

i wouldnt agree linc since they were caught in the middle. sourced something for their customer, given a reasonable price but then stiffed on the invoiced.

will end up selling at a loss i've no doubt.

They keep me stocked with Campbeltownd - they re selling longrow 18 (2012) at £74; kilkerran WIP 2 and 6 at £32.95; Springbank 12 CS at £43.95.

If I had broader tastes there are undoubtably bargains...



 

lincolnimp
Connoisseur Connoisseur
Posted on 08-05-2017 at 00:26 am
cfosterk wrote:

i wouldnt agree linc since they were caught in the middle. sourced something for their customer, given a reasonable price but then stiffed on the invoiced.

will end up selling at a loss i've no doubt.

They keep me stocked with Campbeltownd - they re selling longrow 18 (2012) at £74; kilkerran WIP 2 and 6 at £32.95; Springbank 12 CS at £43.95.

If I had broader tastes there are undoubtably bargains...



 

I get they are caught in the middle but it can`t be right to pass on a massive increase just because you were caught out, especially if it is way over the odds. Surely you will put your punters off and in the long term damage your business if you are seen to be asking way too much for a product??
In business don`t you check prices before you order something?

  Edited on 08-05-2017 at 00:26 am
Tom03
Connoisseur Connoisseur
Posted on 08-05-2017 at 16:18 pm

That's how easy the system is manipulated:

https://www.whiskybase.com/whisky/27442/benromach-1977

price back at 225... I posted the link to this topic as a shoplink.
A few days later got an error report, et voila!!!!!

I would find it far more interesting to know the release price of every bottle ...

  Edited on 08-05-2017 at 16:19 pm
lincolnimp
Connoisseur Connoisseur
Posted on 08-05-2017 at 19:36 pm
Tom03 wrote:

That's how easy the system is manipulated:

https://www.whiskybase.com/whisky/27442/benromach-1977

price back at 225... I posted the link to this topic as a shoplink.
A few days later got an error report, et voila!!!!!

I would find it far more interesting to know the release price of every bottle ...


I absolutely agree, that is much more useful than the inflated shop prices and you can see how fast the rise was, if there is a release date on , the shaft rate I would call it wink

VaryingViewpoint
Expert Senior Senior Expert
Posted on 13-06-2017 at 23:03 pm

Yamazaki Sherry Cask 2013 NAS with a limited 18,000 bottles for an average price of € 3481,16 https://www.whiskybase.com/whiskies/whisky/46208/sherry-cask with an overall rating of below 90; 183 votes 89.63. That's rated less than the Lagavulin 12-year-old 2016 edition.

I don't get Japanese whisky. And with these prices who really wants to try, unless you have more money than you know what to do with.

  Edited on 13-06-2017 at 23:04 pm
One life... Drink it well
alectron
Connoisseur Connoisseur
Posted on 13-06-2017 at 23:38 pm

Tom03 wrote:


I would find it far more interesting to know the release price of every bottle ...


This has been requested since the beginning of Whiskybase, and has been confirmed to come soon in 2012 I believe. The thread used to be here, among a few other places over the forum:

https://www.whiskybase.com/contribute/group/71/topic/11975


c.

  Edited on 13-06-2017 at 23:39 pm
Remember - whisky scores and impressions are highly subjective and situational by nature - so don't go and buy whisky according to someone else's taste...
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