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Bourbon Pursuit

475 - Will There Ever Be A Shortage of Dusty Bourbon? with Brad Bonds and Shannon C Smith of Revival Vintage Spirits

Bourbon Pursuit

Bourbon Pursuit

Hobbies, Food, Arts, Leisure

4.9866 Ratings

🗓️ 15 August 2024

⏱️ 58 minutes

🧾️ Download transcript

Summary

One of those indulges that we find ourself in with this bourbon hobby is acquiring a few dusty bottles. And if you've never had a dusty bourbon before, then this episode will wet your appetite for one. There's so many aspects of it but can you imagine building a business off of a non-renewable resource like dusty bourbon? That's what we wanted to know so Brad Bonds and Shannon C Smith of Revival Vintage Spirits join the show. We talk about various aspects of the dusty bourbon market and collecting vintage spirits for sale such as strategies for acquiring dusty bottles, managing inventory and cash flow, vetting buyers, and dealing with potential fakes. We also touch on some legal things but also figuring out what brands stand out in the dusty market. Show Notes: Above the Char with Fred Minnick (@fredminnick) talks about whiskey going bad with only a small amount remaining. What led you down the dusty bourbon rabbit hole? Were you trying to buy and acquire dusty bourbon when you were at Cork 'n bottle? What was your strategy on acquiring dusty bottles? Are you scared about your inventory coming to an end? How do you manage your cash flow? How do you vet buyers and look for fakes? Why don't you like to resell Van Winkle? What has changed with the Kentucky Vintage law? What is defined as a vintage spirit? Are Beam decanters are good gateway for those getting started? How do you choose what to open for the open tasting bar? What percentage of your revenue is tastings vs full bottle sales? How do you guide someone in buying a bottle if they have a budget? What products today do you think will be great vintages tomorrow? Support this podcast on Patreon

Transcript

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0:00.0

Well, what's funny, you know, you can put it up against, we do a dusty gym beam basically daily from the 70s or 80s.

0:05.2

And so, you know, I would recommend coming in and getting a Blanton's pour next to a dusty gym beam and you'll blow your mind.

0:10.6

So you'll stop drinking Blantins.

0:35.0

Yeah. This is Bourbon Pursuit, the official podcast of Bourbon, bringing to you the best in news, reviews, and interviews with people making the bourbon whiskey industry happen.

0:36.8

And I'm one of your hosts, Kenny Coleman. One of those indulges that we find yourself in with this hobby we call bourbon whiskey industry happen, and I'm one of your hosts, Kenny Coleman.

0:41.8

One of those indulges that we find yourself in with this hobby we call bourbon is acquiring a few dusty bottles for our collection.

0:45.5

And if you've never had a dusty bourbon before, well, then this episode will surely

0:50.0

wet your appetite.

0:51.5

There's so many aspects of it, but could you imagine, first off, building a

0:55.7

business off of a non-renewable resource like dusty bourbon? Oh, that's what we wanted to know.

1:01.2

So we invited Brad Bonds and Shannon C. Smith of revival vintage spirits to join the show.

1:06.5

We talk about the various aspects of the dusty bourbon market and how you collect vintage spirits

1:11.3

for sale. We go into things like strategies for acquiring dusty bottles, managing inventory

1:16.3

and cash flow, vetting the buyers and the sellers because at the end of the day, you still

1:21.3

have to deal with potential fakes. We also touch on some legal things such as the definition

1:26.2

of vintage and also figure out what brands stand out,

1:29.9

even going forward in the dusty market and which ones could potentially be worth more in years to come.

1:34.8

With that, enjoy this week's episode, and now here's Fred Minnick with Above the Char.

1:40.0

I'm Fred Minnick, and this is Above the Charr.

1:52.8

This week's idea comes from Kyle DeWitt, who writes me on fredminic.com.

1:59.8

I hear of whiskey potentially going bad in the bottle over time when there is a small amount left.

2:05.7

Is there a similar issue with small amounts of whiskey left in a barrel for too long?

...

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