Collecting Whisky for investment has alot of hit and misses, usually it best to go for popular brands and aged single malts (though some blended works too). If you are novice (like I am) always stick with the large labels.
I used to buy a fair quantity of Japanese Whisky (10 bottles) and pay tax at customs, usual brands Yamazaki, Hibiki and Nikka some of which I sold at about 80 - 100% profit.
Also picked up a Royal Salute 38 500ml at DFS few years back for $500, I think its gone up by 50% or something. I got this idea to buy this from an article I read in forbes
Again this should not been used as a serious investment tool, its speculative as hell and should be a more of a pastime / chiak bah too eng kind of thing.
Collecting Whisky for investment has alot of hit and misses, usually it best to go for popular brands and aged single malts (though some blended works too). If you are novice (like I am) always stick with the large labels.
I used to buy a fair quantity of Japanese Whisky (10 bottles) and pay tax at customs, usual brands Yamazaki, Hibiki and Nikka some of which I sold at about 80 - 100% profit.
Also picked up a Royal Salute 38 500ml at DFS few years back for $500, I think its gone up by 50% or something. I got this idea to buy this from an article I read in forbes
Again this should not been used as a serious investment tool, its speculative as hell and should be a more of a pastime / chiak bah too eng kind of thing.
Where do u sell your whiskey? I have a gold label centennial not sure if it is worth anything![]()
Thanks. I am also an novice and still learning. I did some research and seem like Japanese whisky is more popular these days. I always thought whisky should always get those from Scotland. I had a few oversea trip this year and wonder what should i get from DFS.
Don't you need alcohol license to sell alcohol in Singapore?
used to be in the alcohol trade, recent years is more of jim murray's whisky bible reviews ( if he rates it well probably can gain some quick 30% profit and ^) or is those china people buying ton loads of certain whisky and keeping it ( most recent was the craigellachie 31 yo (iirc), when it was release rtp was abt 300+400, after being bought over by chinese customers + jim murray's good review its selling about 2-3k + sgd now in the market.
so its more of a hit and miss, buying from dfs usually depends on the kind of bottles , usually they have limited release like the highland park pure sherry and burbon but it gets sold out very fast. for ymzk wise etc best to buy from japan, if u do get lucky to get a bottle of ymzak from dfs , if u do find a seller at most selling for abt 100 sgd profit thats all.
if u wna keep whisky to sell later best if u have some knowledge about basic whiskies and knows how to keep it ( in case ur cock rots before even selling it ), buying johnny walker etc wont suffice. best if look for rare btls of famous brands such as mccallens, dalmore, etc.
How to prevent cork rot?
For starters keep the bottle upright, I learn this the hard way lol
Will it cause the cork to break when open?
Don't you need alcohol license to sell alcohol in Singapore?