FAQs

What is Whiskystats?
Where do the price observations come from?
How often is the data updated?
How do you make prices from different sources comparable?
How do you deal with different currencies?
What is the Board?
Why should I become a member?
Why do I need a collection?
What is the Toolbox?
What do the indices mean?
Why can’t I see the single price observations?
Can I participate?

If you have any more questions you want us to answer, contact us directly by either using our contact form or by mailing us to contact(at)whiskystats(dot)net.

 

What is Whiskystats?

In its essence, whiskystats is a whisky auction price database. We observe the auctions, we collect the price informations and then we lay them right to your fingertips. In addition, we use this data to analyse the secondary whisky market.

 

Where do the price observations come from?

Currently we are observing three auctioneers. These are WhiskyAuction.com, ScotchWhiskyAuctions.com and Bonhams Hong Kong. Note that we restrict our attention to single-bottle lots of single malt whisky.

 

How often is the data updated?

The price observations in our database life on a monthly basis. That means that we do not bother at which exact day an auction was held. The auction results are assigned to the month in which most of the auction window falls in. Therefore, the latest auction results are added to our database at the beginning of the subsequent month.

 

How do you make prices from different sources comparable?

On auctions in general, either the buyer or the seller (or both) have to pay some kind of fees and charges which vary from auctioneer to auctioneer. To keep things comparable, all the prices displayed on whiskystats are buyers-prices. This means, that these are the prices which the buyer had to pay (including fees) excluding shipment costs (since those depend on the individual place of residence).

 

How do you deal with different currencies?

At the moment, all the prices on whiskystats are displayed in Euros. To convert prices from British Pounds, we use the average interbank exchange rate (ask) of the corresponding auction´s month. This rates are sourced from Oanda.

 

What is the Board?

Our Board is a blog where we publish our news or analysis of the secondary whisky market. For our analysis, we of course only use our own price observations. As we aim for transperancy, we always try to explain on what data our analysis´ are based and how we calculated the results.

 

Why should I become a member?

The access to our database is free but restricted to whiskystats-members. Becoming a member is as simple as it gets. Basically, you only need a valid E-mail address. This gains you access to our whisky database, gives you the possibility to track the value of your personal collection and lets you use our toolbox.

 

Why do I need a collection?

We gave you the possibility to add all the single whiskies in our database to your personal collection. In that way, you know about the current value or the historic price evolution of your favourite bottles at one glance. This could either be the actual bottles you own, your wanted list or simply some specific bottles you are interested in.

 

What is the Toolbox?

Our toolbox is a (growing) number of tools that help you analyse the secondary whisky market on your own. There are, for example, the monthly stats which display some of the most outstanding price observation of a single month. And there are our indices, which help us summarizing the price evolution of single parts of the market.

 

What do the indices mean?

We use the indices to describe the price evolution of multiple bottles at once. For our distillery indices for example, we consider all the price observations of the 100 most traded bottles of each distillery. Hence, these indices describe how the worth of these 100 bottles evolved over time. The same thing was done for the bottlers and the whisky regions. If we use any indices in our analysis, we usually state which bottles are included.

 

Why can’t I see the single price observations?

At the moment, we only display the monthly averaged price observations. This means that you only see one price per month, which is the average of all observations. A more detailed price representation is under development.

 

Can I participate?

There are multiple ways in which you can get involved on whiskystats:

      As a Member:
      If you are (or going to be) a whiskystats member, you can always join or start a discussion in our forums.
      As an Analyst:
      You have your own ideas on how to analyse whisky auction prices? Let us know! We can take on that topic or could provide you with the appropriate data.
      As a Publisher:
      You write, blog or vlog about whisky and need some information on the secondary market? We are happy to supply you with some profound analysis´!
      As a Journalist:
      Do you want to report on whiskystats? That is awesome! Just let us know what you need.
      As a Whisky Blogger:
      Do you have your own Whisky Blog? Do you want to join forces? We are looking forward to any kind of cooperating with you!
      As a Guest Blogger:
      Do you have your own results, experiences or the like you want to share? There is the possibility to become a whiskystats guest blogger. For this purpose too, we could provide you with the data you need.
      As a Whisky Auctioneer:
      Do you run an online whisky auction? Do you want us to use and analyse your data as well? Just contact us so we can work out the technical requirements.