Add Custom Bottles to Your Collections

You now have the possibility to add bottles to your personal collections which are not yet included in the Whiskystats database. This article explains how to create these custom bottles and how to manage them. 

In our Whiskystats database we track the prices of tens of thousands of different scotch and japanese single malt whiskies. And yet we do not cover all of the different bottlings and expressions which are out there on the market. This is why you now have the possibility to add custom bottles to your collections. You will define your own purchase prices for this bottles as well as the latest price information which is known to you. In this way we can include these custom bottles when we estimate the total value of your collection or calculate the historic price development.
 
Add Custom Bottles
 
The first step is of course to create such a custom bottle. To do so, simply navigate to Your Collections and click on “Edit” for the collection you want to add a bottle. Below the listings of your bottles you will find a button called “Add Custom Bottle”. This will direct you to a form where you can define the characteristics of your whisky. After that, simply click on “Add Bottle” and the bottle will be added to your collection. In your collection stats it will be displayed under “Custom Bottles”.
 
Please Note: The custom bottles you create are not visible to the other Whiskystats users.
 
Update Latest Price Information
 
When you create a custom bottle you can define your purchase price and date as well as the latest price observation and the date of this latest price observation. When you edit your collection, you can update this latest price observation by clicking on “Update Price”. Thereby, the latest price date will be moved to the current month and year.
 
Note that custom bottles are always treated like if they were still in your collection when we calculate your collection´s indices. This means that there is nothing like a “Collection History” for custom bottles like there is for normal bottles of our Whiskystats database.
 
Manage Custom Bottles
 
When editing your collection, you can also add another bottle of an already created custom whisky. This added bottle will have the same purchase and latest price information. Likewise you can remove custom whiskies bottle by bottle from your collection.
 
So from now on you can fill those empty spots of the Whiskystats database with your own whiskies and price observations. We hope that many of you find this feature helpful!

Further Readings

The Whisky Pricing Machine

There is no question about it, it is the market that defines the prices. As the major market observer we now translate market data back into price estimations. We are proud to introduce to you the Whiskystats Whisky Pricing Machine! 

The Whiskystats Price Update for April 2017

Yet another round of auctions went by and of course we keep you updated on the major happenings on the secondary whisky market. It seems like the 2016 Macallan price-rally came to a stop. The Fab50 continue to stay at a constant price-level.

Whisky Pricing Examples

Our whisky pricing tool enables us to put a market conform price tag on any bottle of scotch single malt whisky. With this information we can now evaluate the latest round of auctions and find out which whiskies are currently over- or underprized. 

Comments