alan scott

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  • in reply to: The Whiskystats Price Update for April 2022 #57253
    alan scottalan scott
    Participant

    Johannes,
    As an owner of a couple of Springbank Local Barleys it was interesting, if not enjoyable, to see the prices come back to earth over the last couple of months. Obviously the higher prices earlier this year brought more to market. As they say in the commodities business “The solution to high prices is high prices”.
    For the bottles I hold I like to see two separate bottles in an individual auction as I believe the bidders encourage each other upwards. Any more than this tends to dilute buyer interest and final prices come in lower. This is just a feeling with no data to back it up.
    If you have the time and inclination an article on the effect of market volume on prices might be of interest to your readers.

    in reply to: Editing Collections #47543
    alan scottalan scott
    Participant

    Thanks, Johannes!

    in reply to: The Whiskystats Price Update for August 2021 #46905
    alan scottalan scott
    Participant

    Johannes,
    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.
    Cheers
    Alan

    in reply to: The Whiskystats Price Update for August 2021 #46826
    alan scottalan scott
    Participant

    Johannes,
    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.
    Alan

    in reply to: Whisky Market Breadth #32663
    alan scottalan scott
    Participant

    There’s one new release going in auction for £130 at present. It cost £100 retail and can still be bought retail for £100! I won’t mention the name as I own it and I’m very happy to see the price going up.

    • This reply was modified 1 year, 9 months ago by alan scottalan scott.
    in reply to: Whisky Market Breadth #32559
    alan scottalan scott
    Participant

    Interesting article. Most market indices are driven by a small number of high performing stocks.
    You make the point that -“Apparently a lot of whiskies have a price change close to zero. This should be of no big surprise since a lot of new releases are entering the market and it takes some time to move the price”
    It’s actually worse than this as many new entrants to the market fall from their first auction price for 4 or 5 months before regaining an upward trend. Macallan Folio 5 for example was fetching 785 Euros in January 2020. It’s now fetching 568 Euros.
    This is a very common pattern for new releases and I wonder why collectors buy in the first auction. It can’t be to make money so I suppose the reason must be to be the first amongst their friends to own a new release.

    in reply to: The Whiskystats Annual Report of 2019 (I/II) #25037
    alan scottalan scott
    Participant

    Johannes,
    The number of bottles and their value has been increasing over the years.
    This could be due to
    1 The same number of people buying more bottles
    2 More people buying the same number of bottles.
    3 Somewhere in between.
    Do you have any data on the number of market participants?

    Thanks
    Alan

    in reply to: The Whiskystats Annual Report of 2019 (I/II) #24341
    alan scottalan scott
    Participant

    Johannes,

    Really interesting article. The Gini coefficient is a great way of looking at it. So the Whisky world is a bit like the real world. On average everyone getting richer but the lion’s share going to those at the top.
    I’ve done some analysis on age in the past but never thought about vintage as a differentiator before. Always good to learn new stuff.
    I look forward to part 2.

    Alan

    in reply to: The Data Quality Initiative #24252
    alan scottalan scott
    Participant

    Johannes,
    I think you may have a missing bottle/distillery.
    Bimber London Single Malt The 1st Release appears 27 times in Scottish Whisky Auctions covering auctions 102 to 106.
    Thanks
    Alan

    in reply to: Add Custom Bottles to Your Collections #22308
    alan scottalan scott
    Participant

    Johannes,
    I’ll look forward to that.I like exotic cargo.

    Alan

    in reply to: Add Custom Bottles to Your Collections #22250
    alan scottalan scott
    Participant

    Thanks, Johannes
    I bought Batch 3. I wonder what happenned to 1 and 2?
    Cheers
    Alan

    in reply to: Add Custom Bottles to Your Collections #22159
    alan scottalan scott
    Participant

    Thanks, Johannes
    Alan

    in reply to: Add Custom Bottles to Your Collections #22116
    alan scottalan scott
    Participant

    Johannes, Do you include vatted malts in the database? I’ve just bought a SMWS Peat Faerie 10 Year Old Blended Malt Batch #3 which has a 12 month record in Scotch Whisky Auctions and Whisky Auctioneer but I can’t find it in the database.
    Thanks
    Alan

    in reply to: The Whiskystats Shop Monitor #20699
    alan scottalan scott
    Participant

    Johannes ,
    Thanks for the explanation which will inform my use of this great new tool.
    Alan

    in reply to: The Whiskystats Shop Monitor #20696
    alan scottalan scott
    Participant

    Johannes, Thank you for this great new tool which is really useful. Playing around with it I came across what looks like an anomaly. The Shop Monitor gives Macallan Lumina the market value of 150 GBP while the Database gives a June value of 74 Euros.
    Cheers
    brugen

    in reply to: Learn how to Search the Whiskystats Database #20338
    alan scottalan scott
    Participant

    Johannes,

    Just tried it and it is just what I need.
    Thank you for your fantastic work.
    Good luck with the database.

    Cheers
    Alan

    in reply to: Learn how to Search the Whiskystats Database #20314
    alan scottalan scott
    Participant

    Johannes,
    Sorting by the number of trades but not displaying the number of trades would be perfect for me.
    Thanks
    Alan

    in reply to: Learn how to Search the Whiskystats Database #20277
    alan scottalan scott
    Participant

    Good Morning, When I use the Database it returns Age, Vintage, Vol, ml and latest price for each bottle. Can these columns be adjusted by the user? If not would it be possible to add “Number of price observations” as a column? I know I can get this by clicking on the bottle description but I’m very lazy :-).
    Great database by the way!

Viewing 18 posts - 1 through 18 (of 18 total)