Ich bin raus……obwohl sehr interessant.
Jetzt bin ich mir wieder bewusst warum ich Logistiker bin und kein BWLer😂
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…mich hätte ja schon interessiert, wie es sich mit dem Genusswert im IS-LM Modell verhält 
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Die Aussage ist das eine Diskussion über absolute Preise müßig ist weil Preise relative Größen darstellen. Auch Preisentwicklung bei Rum muss immer in Relation gesetzt werden um dieselbe beurteilen oder diskutieren zu können.
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there was a Skeldon 78 offered at RA in December 2023 auction, reserve not met, highest bid at 16,000 GBP, presumably the same bottle appeared in January RA auction, reserve not met, highest bid 12,800 GBP ! Investors and potentially wealthy rum lovers are shy of spending the top prices we have seen last year. Even the seller IMO did a mistake with setting a reserve as no one was willing to test the reserve and even more, the reserve stopped everyone from joining the battle. No reserve or let’s say a reserve of 10K would likely have initiated a competition, increasing the price.
The trend of last year lasts, it’s going to be cheaper.
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for RA, there was the additional factor, that it had two auctions within one month, i.e. the postponed Christmas auction and the one yesterday. Maybe it was a bit too much at one time…
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Reserve price is stupid, anyway. It would make more sense to set a starting bid at the reserve level. That way everyone can see what the seller asks as a minimum and can decide if they are willing to bid that. Eliminates the guessing game and the item sells even with only one bid placed. The “race” will still be there if others see “oh, someone placed a bid… so I either let it go or place a higher bid”.
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£270 
Funny how there seems to be random bottles that just spike… next auction 3 of them at £95 each 
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Well funny enough that I created a split of that bottle just yesterday…with not that much appreciation apparently.
and I never checked any auction site. Maybe I should start 
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Incredible… normally the SBS series does not very collectable to me. And that price for such a young Hampden… okay…
I agree with you; only this seller will be lucky. The ones at the next auctiom won’t.
It sometimes is even crazier, with those bottles of Kraken or the Havana 7 with a fancy labels.
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true. they do have a couple of unicorns however. the 2005 ny or the 2001 swr come to mind.
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Definitely! Their quality is beyond doubt. They just don’t seem to go for crazy prices at auction. Maybe it is the ‘boring’ label. I actually like them for it.
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Ok folks, buckle up, this will potentially hurt us the enthusiasts a lot:
E&A Scheer got bought by a private equity firm: Rum Giant E&A Scheer Which Holds Largest Stock Of Aged Sourced Rums Ge – 88 Bamboo
E&A Scheer is a Giant when it comes to acquiring and trading rum casks. Since private equity behaves like private equity, this will potentially mean a huge markup in independent bottled single casks, I.e., the stuff we love so much - RA, Rumclub, etc
This is worse news than a luxury brand buying Don Papa to premiumize (wtf?) the mass market.
I think it’s time to stock up - I’ll expect the 100-400 euro price range IB bottles to double in price over the next 3 years
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well, it happened before as Scheer was owned already by another PE who is now selling to the next.
The news is by the way not new and was already discussed at RX.
The main share of Scheer‘s profit is unlikely coming from selling smaller batches to IBs.
There have been so many good rum released last year, auction prices are still dropping so indeed good time to stock up but no need to panic. So I don’t agree.
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I hope you’re right, thanks for the additional context
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Such a news is interesting, as it shows the rum world is slowly becoming as attractive as whisky for investors. If they’re buying E&A Scheer it’s because there believing in rum commercial potential. That means the value of rum (in general) will increase. So I think JakobM is right, it’s not good news for prices.
A strange situation is occurring right now with auctions prices going down and IB releases still on top. As these are still selling, but slowly, it shows that there is still some potential for crazy prices.
So JakobM may be right, it’s time to (carefully of course) buying the dip in auctions.
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don’t get me wrong, I agree basically, as I believe as well that the same is going to happen to rum what happened to whisky. But I doubt that the trade of Scheer will accelerate the development. But I am definitely stocking up.
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The amount of sales, special offers and discounts has increased a lot lately. At least I feel like not a day goes by without a newsletter anouncing sales.
Even shops that usually don’t offer many discounts are reaching for the red marker.
I think it’s no secret that times are tough now in the industry, especially after the corona frenzy.
Would love to hear some views on how the situation is percieved “from the inside”.
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I have a friend that is wine merchant and he’s saying that since about last August, the sales have declined a lot.
His problem now is that he needs cash to buy new releases, so he has to carefully lower some of his prices. Carefully because nobody in the business wants to push the prices even lower.
If you see last RA auction, it’s clear that the price are down in rums too.
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Interesting development. But besides the shops, it seems like the secondary market prices decline as well.
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RA is all over the place for UK prices ; one month you could get FS shibboleth, redoubtable and nobillary for £80 hammer price last month they went up to £100+
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