Thinking of selling your whisky? Cash in before Christmas!
As the end of the year (all too rapidly) approaches now seems like a good time to be selling a few bottles. Our November auction, followed by our two week special Christmas sale which starts this year on the 23rd of December have both traditionally featured some exceptional prices and provide ideal opportunity to gain maximum exposure and return on your bottles.
Our Christmas sale in particular is always a sure bet for record prices. The fact that it is twice the length at two weeks long and stretches over the course of the festive holidays certainly helps. This is the time of year where that wonderful cocktail of laziness, boredom, too much food, plentiful alcohol and an unfeasibly comfy chair coverage to make ideal bidding conditions for many of our buyers. People have more time to pay attention to auctions at this time of year and a lack of much else to do, so we notice a considerable upswing in the number of bids cast in these auctions as a result.
Likewise our November sale always seems to see an upswing in prices at the lower and middle ranges of the sale as people seek to stock up the drinks cabinets and gather a few presents in time for Christmas. So if you’re thinking about selling a few good bottles at the moment then now might be a good time to get in touch.
The current trend in auctions is for old and scarce official examples of single malts and long-discontinued independent releases such as Cadenhead dumpy bottlings, old SMWS releases and old bottlings by Signatory and various other indy bottlers. Examples from almost all silent distilleries now perform well at auction, not just the magic couplet of Port Ellen and Brora but also the likes of Coleburn, Glenugie, Banff and Glenlochy all bring the buyers to the yard these days. It’s pretty easy to figure out what is hot at auctions these days, just cast your eye over our past sales this year and see some of the numerous impressive prices achieved.
For those of you with a super high end bottle in the four-five figure range the Christmas sale is the perfect time for reasons made clear above. We’ve got a long and proud track record here WOA with the top end bottles – it’s one of the areas where we really excel so if you’re thinking about cashing in on a Fine & Rare Macallan or a 1937 Glenfiddich or a 1960 Karuizawa then this would be the perfect auction for it.
Another thing to consider when selling is the length of time since your bottle appeared at auction. We often find the best results are bottles that haven’t hit the market for a good few years, some great recent examples were the Port Ellen 12 year old by James MacArthur and the Springbank 1919. Given that the Port Ellen is now the highest selling Port Ellen ever seen at auction we can’t wait until one of the Queen’s Visit 1980 bottlings shows up – especially since it has since been rated 99/100 by Serge Valentin at Whiskyfun, the highest score he’s ever awarded any spirit. If you’ve got one then it’s worth considering that the first bottling to hit the market will no doubt go crazy. Likewise older Italian bottlings by Samaroli, Intertrade, Sestante and Donini all perform exceptionally well – especially those that still hold a high fill level.
If nothing else now is a good time to check and appraise your bottles. What is the condition like, how have they been performing, how long has it been since your bottle saw auction and what is the filling level like? (Bottle Level Guidelines) Levels only ever go down not up, if it’s at or approaching the base of the neck now might be the best time there will ever be to sell it. All these things are worth taking into consideration, with a strong trading window coming up here at Whisky Online Auctions now might just be the perfect time to sell a few good bottles. Don’t hesitate to get in touch, why not offset a few of those Christmas costs…
Get a free Whisky valuation today! Prepared by experts with over 25 years experience in whisky and auctioneering. You’ll always receive the most honest and expert consultation we can provide on how best to sell your bottles. Also click here to see our free guide on how to sell your whisky at Whisky-Online Auctions.
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