With EU Lots back (at least for some EU countries) the overhead costs declined again.
For my 197£ Bid I paid 300€ incl. Shipping (two bottles), commission, insurance. VAT was only applied to the Services and not to the LOT.
For me this worked out fine.
Yep, same for me. Ended up at a total of 220 £ including shipping & insurance for my winning 170 £ bid on one bottle.
The comission was 25,71 £ … so more than 10% but it was still a good deal for me. Got the Plantation 1995 STCE which goes for around 315 € in stores, so with the 220£ i end up at around 250 €
winnings bits seemed to be down again, may be due to lack of bids; the bears are ruling the market
I’m so confused by RumAuctioneer. So now that the EU lots are back, deliveries to Germany won’t incur VAT? Are EU lots just then the lot price + commission (ca. 15%) + shipping?
Yes, I can confirm this.
Thanks!
Yes. Hammer + 12,5% Fee + NL VAT 21% on fee only + shipping (shipping includes a blanket 6€ excise duty per bottle).
Edit: NL VAT is 21%
That’s what I paid. My credit card did the change and I paid 300€ at all.
loss & breakage insurance ist 3% vom Zuschlagspreis + Kommission… bin da auch eher vorsichtig, nach dem Motto: das macht den Bock auch nicht mehr fett 
Super, danke für die Infos!
nach der Verwirrung UPS vs Fedex und drei Wochen Lieferzeit, klappt es jetzt wieder flott: eine Woche (Fedex bzw Hermes; für EU Lots)
Is there a definite downward price correction going on on both platforms in the past few months? RT is ongoing but prices for many many things seems to be ~15-20% down compared to, say, 6 months ago. And we can’t say that November is a weak month.
Is there a similar correction in prices on the secondary (flipper) market?
That’s an interesting observation and a very good question. I’ve also had the feeling for some time that prices and demand on the secondary market are at least stagnating (at least for some otherwise popular bottlings).
I keep an eye on ebay for some Foursquare ECS and Hampden from time to time and feel that they are now available for longer and there are more frequent discounts.
I don’t know if it’s similar on the auction platforms, but I’d also be interested to know.
The same feeling came to me when I was checking some auction results and also when I was checking the price history of some bottles here on RumX.
My guess is that because of the economic downturn people are less likely to spend big money on a non-essential item (can we really call that New Yarmouth 1994 limited bottling non-essential?).
Perhaps part of the craze earlier on was also inflation related; your bottle of rum would keep its value, is the idea. Now that inflation is flat and perhaps even going down, that need will do the same.
That sounds very plausible, but it should also have an effect on the primary market. Perhaps the development will lead to falling or at least stagnating issue prices. It would be desirable. At the moment, however, there is no sign of this… On the contrary!
I can only agree with the observation that the prices are stagnating.
Prices on RA are dropping, a Caroni Extra Strong 21 on Spiritacademy is still available for 550€ after one week, etc.
@portman Regarding pricing on the primary market. In the last months at least two shops (www.rumundco.de and www.thewhiskyroundabout.com) had some interesting bottles on sale. 
Something we’ve never seen in the last years, quite the opposite.
My assumtion is that the price stagnation we clearly see on the secondary will also hit (or has already hit - see above) primary.
What does it mean for us? It is a good time to buy rum.
PS: I’m not sure this observation is also valid for high end bottles (Velier Skeldon etc.).
As somebody coming from a Whisky background and just fairly recently got into Rum more seriously I can confirm that prices are dropping, also on the primary market. Although slightly only. And most bottles are not sold out immediately.
I talked to the Rum Depot guys here in Berlin by chance and they more or less confirmed that >100€ bottles are not flying off the shelves as easily as before. That should affect secondary market, too.
My guess is also that it is because of the difficult economic and unsettling global situation. Additionally there is more and more strong competition as new distilleries and new bottlers are on the market, plus an increase in output. The high end stuff will always be sold out quickly and stays at least stable in price. However buyers are better informed nowadays which puts pressure on companies to provide better products overall.
Nonetheless prices will never be as low again as inflation, energy costs, taxes, shipping etc. are high. And not to forget demand for decent quality is still high even though there is more product on the market.
Yeah, your’re absolutely right. I remember that selloff at Rum & Co a few weeks ago. Never seen anything like it in their shop. And it surely was for a good reason.
I agree, and remember to have said this already earlier: people keep their money tighter, as most don’t get 10% salary increase to counter inflation.
Also I believe there might be a point reached, where the market is saturated: there is a limited number of collectors and enthusiasts, and I sometimes feel that the number of limited and exclusive releases is growing steadily.
As there is a smaller collector market compared to Whisky, it also does attract less people interested in it to “buy to sell later”, as there is less return to be expected when one only cares for investment. Most releases get the highest secondary market price on auctions shortly after they have been available if I am observing the value calculation in the app correctly. FOMO might be the culprit there, but lots of bottles go down after that.
Shops do this as well: the RA Jamaica HD of 30 yrs from some years ago is suddenly available again, at a price close to initial release, while a similar release just now (same stats except 3 years older) is going for the same price, while the last year and even this spring would have seen a steep increase of the price instead.
As others have already said as well, many shops had some intense selloffs.
Let’s hope the distilleries will survive, because I expect this to become worse if one looks at the international situation. The more the dollar devalues due to loosing its status, the more turbulent the economy will become.
Let me give you my take.
All asset classes went down in price from lets say 6/2022.
Here for ex. is the index of super rare whiskies https://www.rarewhisky101.com/indices/market-performance-indices/rare_whisky_100_index
Its the same with Rolex watches, oldtimer, houses, most stocks and even bitcoin.
Only exeption, gold and government bonds.
One possible trigger could be the money flow from central banks.
Around June/2022 the US FED switched from pumping more money into the system(QE) to QT where it started to pull $75billion out of the system each month.
That will go on for some more months until they reach official 2% inflation or some thing big breaks.
Tl;dr So if i’m right here we will see rising prices again
after the central banks starting to pump money into the sytem.