August brought solid value gains for many of the most collectable whisky brands. Macallan leads the way while we focus on those whiskies that were jus… Read the full Article at: The Whiskystats Price Update for August 2021
Interesting work on the unsold bottles. Do you have a split between unsold at any price and unsold at reserve price. I assume 95% of them will be unsold at reserve price.
Your plan to look at unsold bottles on a per bottles basis looks interesting.
I think you’d need to compare the reserve price to a fair value price to decide if the reserve was too high or the bottle was falling out of fashion.
Keep up the good work.
from the 129 unsold lots at WhiskyAuctioneer, all had a reserve price.
SWA only started to publish whether or not an unsold lot had a reserve, so will need to check on that.
We currently do not know the exact reserve price, since this is not published information.
Thank you for that information. With a minimum bid level of £15 or £20 I would expect all bottles without a reserve to sell as this is about the price of a bottle of whisky retail.
I did some work a year or so ago on Scotch Whisky Auctions looking at similar bottles on sale in the same month with and without reserves.I found that bottles with a reserve on average achieved a lower selling price than those without a reserve.