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Bourbon Pursuit

260 - Rare Bottles and High Bids with Joe Hyman of Skinner Auctioneers

Bourbon Pursuit

Bourbon Pursuit

Hobbies, Food, Arts, Leisure

4.9866 Ratings

🗓️ 2 July 2020

⏱️ 62 minutes

🧾️ Download transcript

Summary

Do you have a really old bottle of whiskey? What about a unicorn that’s coveted by every bourbon enthusiast out there? We’re joined by Joe Hyman of Skinner Auctioneers to talk about what it’s like to buy and sell high-end bottles at a legit auction. We talk about everything from the bottles they accept, how they process auctions, and how they spot fakes. Every year a whiskey breaks the ceiling for sales, who knows what it will be this year. Show Notes: BevAlc Insights: https://bevalcinsights.com/ Dating Old American Whiskey Bottles: https://bourbonveach.com/2020/06/29/dating-old-american-whiskey-bottles/ Whiskey Advocate Article: https://www.whiskyadvocate.com/black-market-bourbon-feature/ This week’s Above the Char with Fred Minnick talks about Bottled-In-Bond. How did you get into spirits and auctions? Did 50 year old scotch ruin you? How do you get these rare bottles? Talk about the legalities of selling and shipping alcohol for an auction house. How do you transport or ship the bottles? What do you define as a rare bottle? How often do you get something in and it's ruined somehow? How do people react when they bring you a bottle that they think is amazing, but you can't sell it? How do you spot fakes? What would happen if you auctioned a counterfeit bottle? Do you research on the secondary market for pricing? How do you gauge value? What do you attribute fluctuations in the market to? Any advice for people wanting to participate in an auction? Do you still get a thrill when finding rare bottles? Are there things you won't sell? What's the record sale? What's your commission rate?  Who is cooler, Scotch or American whiskey buyers? Support this Podcast on Patreon

Transcript

Click on a timestamp to play from that location

0:00.0

Unfortunately, this bottle's not sellable.

0:03.1

The mice got to it.

0:04.3

The center of the cork is completely chewed out.

0:07.0

There's maybe 5% of the cork around the outside and at the bottom.

0:13.3

That's not complete.

0:14.3

It's a miracle that it wasn't chewed, chewed completely through and evaporated.

0:18.4

So we got some drunk little mice running around.

0:30.1

Welcome back.

0:31.1

It's episode 260 of Burpin Pursuit.

0:33.9

I'm one of your host, Kenny.

0:35.3

And here's what's happening in your bourbon world.

0:38.1

Drizzly has launched a new program called Bev Alc Insights. It's a new resource for data and

0:43.6

insights into the beverage alcohol industry and its growing e-commerce sector. The platform

0:49.0

launches with more than a dozen of piece of content, each geared towards supporting retailer

0:53.5

growth, and new articles

0:55.0

to be released weekly. Currently available is a comprehensive hard-seltzer report, a review

1:00.5

of best practices for alcohol delivery and tips on optimizing inventory for the summer.

1:06.1

You can read more at Bevalkinsights.com. Do you want to know how to date an old whiskey bottle? You know,

1:14.2

like those ones you found in your grandma's crawl space. Or, I mean, you wish you found. Some people

1:19.2

have the craziest luck. Anyway, Michael Veach has a great new blog article on how he deciphers them.

1:25.4

He first starts by looking at the glass and seeing if it's a hand or mold blown,

1:30.3

which is going to place it in a certain era.

...

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