Whiskystats’ Post

🤔 Ever wondered what happens if a buyer and seller can’t reach an agreement on auction day? Bayleys National Auction Manager, Conor Patton, explains why there’s no absolute right to negotiate once an auction passes in—and what this means for buyers. 🏠💼

The After Auction Market: Your Secret Weapon for Nabbing Premium Cuban Cigars Ever missed out on that perfect box of Cohibas? Don't despair! The after auction market at Cigarlands is your golden ticket to scoring those elusive Cuban treasures. Here's the insider's guide to navigating this hidden gem: For Lot Creators: Quick Decision Window: You've got 6 hours post-auction to accept the highest bid, even if it's below your reserve. Extended Opportunity: If you hold off, participants get 18 hours to match your reserve price. Flexible Relisting: Didn't sell? Relist for free after 72 hours, or earlier for a small fee. For Bidders: Second Chance: If you're the highest bidder but missed the reserve, stay alert! The creator might accept your bid within 6 hours. Reserve Price Reveal: After 6 hours, you'll see the reserve price and can choose to buy or pass. Fast Fingers Win: In the final stage, it's first come, first served among participants. Cigarlands isn't just another cigar marketplace. We're revolutionizing how aficionados connect, negotiate, and secure the finest Cuban cigars. With verified users, authenticated products, and ironclad buyer protections, we're bringing Swiss-quality service to the world of premium tobacco. Ready to elevate your cigar game? Dive into the Cigarlands experience and discover why we're the ultimate destination for discerning puro enthusiasts. #cubancigarexpert #cigaraficionado #premiumtobacco #cigarbidding #cigarlands #afterauction #cigarcollector #habanos #cohiba #luxurylifestyle #cigarculture #botl #sotl #cigarlife

The Exit is as important as buying. That's why it should always be considered when entering cask ownership. Founded in 2020, Auction Your Cask is one of our well established in-house exit options, it's seen a great variety of casks across young and old age statement single malt whisky. Rum has also featured, in what is believed to be the world's first ever online auction sale of the spirit. This Beyond The Cask article looks at what to consider when selling a cask, and the different ways you can exit. Read the full article by registering to download your free copy of Beyond The Cask here - https://hubs.ly/Q02Z8Npn0

OFTEN FORGOTTEN BY AUCTIONEERS Auctioneers should not fail to include the facts that matter to the decision-making part of the audience’s brain. At the point of decision-making it is often system 1 (as discovered by Nobel Prize winning Behavioural Scientist Prof Daniel Kahneman) that takes over. The unconscious, automatic part of the brain. System 2, the conscious part of the brain that sales people sadly aim their logical arguments to, is only in charge of 5% of decisions. To move system 1, you need activate decision triggers. Social proof, the principle of authority and principle of consistency are often largely forgotten in auctioneer’s speeches in my observations. - Do mention the genuine opinions of others who have taken similar action that you want your audience to take. - Do know and use the science to convey the expertise and credentials of the auctioneer when it is socially acceptable to do so, or it will backfire. - Do bring to awareness those previous actions take that are logically consistent with the behaviour you want to continue. Good luck new auctioneers Barry Plant Real Estate And for new and experienced auctioneers: Don’t fail to learn (and master and consistently use!) the science of ethical persuasion that benefits you, your vendor and the buyer. #persuasion #auctioneers #realestateagents #realestateagenttips #persuasiontips #influence

Scotch Whiskey exports were down 18% in value and 10% by volume in the half of the year. And auctions of rare whiskeys have plummeted – FT

We’re pleased to announce the release of our eighth Noble & Co Whisky Intelligence Report, developed in partnership with Brainnwave. This quarterly update provides a comprehensive analysis of the fine and rare whisky auction market. Our takeaways: - Auction Market Challenges: Total value and volumes fell by 50% over the period versus the same period last year, with declines across all price segments. - Shifting Buyer Behaviour: Bottles auctioned for under £1,000 now account for 51% of total value transacted, up from 43% last year. - Savvy Collectors: Bottles over 50 years old saw a significant increase in the volumes remaining unsold, reflecting collector caution and signs of them holding on until better times return. - Price Drops: Average bottle prices fell 19% year-on-year, with volume declines driving down market values. A large part of this is due to the shift to higher volumes at lower prices. - Market Resilience: Despite the downturn, Glenfarclas and Port Ellen showed positive growth, while The Macallan retained its dominant brand market share, albeit with a 34% decline in absolute value transacted. As we look ahead, we’re closely monitoring the macroeconomic environment to gauge the potential for market recovery. For a full breakdown of these trends, download the report. 🔗https://lnkd.in/eBTmR3ew Our thanks to those that supported the publication of this report: The Macallan Scotch Whisky Auctions Ltd Sotheby's Bonhams Aste Bolaffi MALTDAQ Just Whisky Auctions Speyside Whisky Auctions Limited Prestige Whisky Auction Ltd Whisky.Auction Glenkeir Whiskies Ltd Thought Collective Martha Moger #WhiskyMarket #AuctionTrends #WhiskyIntelligenceReport #WhiskyCollecting #NobleAndCo #Brainnwave #FineAndRareWhisky

Want to get a gauge of the local property market? Head along to an in-room auction. Tonight’s auction event by Raine and Horne Marrickville saw 8 properties going under the hammer across a range of different price points. Good indicators of what’s happening in the market include - seeing who’s bidding, ferocity of bidding, and watching to see if vendors adjust their reserve. To really understand your local market, nothing beats being on the ground.

We are delighted to publish our sixth Noble & Co Whisky Intelligence Report, in partnership with decision intelligence firm Brainnwave. In the report we review the performance of the fine and rare whisky at auction market. The key highlights are: - Volumes at auction are in decline, down by 11% in Q4 2023 vs Q4 2022 - This is mostly being seen in lower-priced bottles, with volumes of bottles selling for £100-£1,000 down by 11.4% and £1,000 to £10,000 down by 9.4% - Average prices are rising but this is predominantly a mix shift due to the weakness at the lower-priced end of the market - Volume declines worsened through December and January, even accounting for seasonality. Bottles selling between £100 and £200 were down by 20% in December 2023 vs December 2022, and 21% in January 2024 vs January 2023 - Most of the major brands have seen significant brand declines. The Macallan noted a very strong value in the quarter due to the sale of The Macallan Valerio Adami bottle - Our data shows that bottles that are “unsold” at auction are not increasing significantly in number overall. This implies sellers are being more careful in putting bottles to auction in a more fragile market - Overall, it is clear that the macro-economic climate is weighing on the auction market. If 2024 is a year of economic recovery, this may feed through to the auction market. - We now have 905,025 bottle sales in our dataset and over 20 million datapoints The full report can be downloaded for free here https://lnkd.in/e4dj6pjx Our thanks to all of those that partnered and assisted on the creation of this report. Our thanks to The Macallan; Sotheby's; Bonhams; Aste Bolaffi; Speyside Whisky Auctions Limited; Prestige Whisky Auction Ltd; Scotch Whisky Auctions Ltd; MALTDAQ; Volpe & Castello Limited; Just Whisky Auctions; Whisky.Auction; The Whisky Shop (Glenkeir Whiskies Ltd); Thought Collective; Martha Moger #Scotchwhisky #auctions #fineandrare #bottles #analysis

The After Auction Market: Your Secret Weapon for Nabbing Premium Cuban Cigars Ever missed out on that perfect box of Cohibas? Don't despair! The after auction market at Cigarlands is your golden ticket to scoring those elusive Cuban treasures. Here's the insider's guide to navigating this hidden gem: For Lot Creators: Quick Decision Window: You've got 6 hours post-auction to accept the highest bid, even if it's below your reserve. Extended Opportunity: If you hold off, participants get 18 hours to match your reserve price. Flexible Relisting: Didn't sell? Relist for free after 72 hours, or earlier for a small fee. For Bidders: Second Chance: If you're the highest bidder but missed the reserve, stay alert! The creator might accept your bid within 6 hours. Reserve Price Reveal: After 6 hours, you'll see the reserve price and can choose to buy or pass. Fast Fingers Win: In the final stage, it's first come, first served among participants. Cigarlands isn't just another cigar marketplace. We're revolutionizing how aficionados connect, negotiate, and secure the finest Cuban cigars. With verified users, authenticated products, and ironclad buyer protections, we're bringing Swiss-quality service to the world of premium tobacco. Ready to elevate your cigar game? Dive into the Cigarlands experience and discover why we're the ultimate destination for discerning puro enthusiasts. #cigars #cubancigars #cigarmarketplace #cigarcommunity #cigarlover #cigaraddict #cigarporn #cigarlife #cigarculture #cigarindustry #cigarbidding #cigarauction #cigarseller #cigarbuyer #cigarbusiness #cigarethusiast #cigarpassion #cigarlove #cigarworld #cigaraddiction #cigarcollection #privacy #security #dataprotection #onlineprivacy

And the results are in 📈 Bryan is here with a roundup from our jam-packed May Auction, but if you're keen to know more, you can dive into the full results here: https://lnkd.in/ehsG_fsp ✨ #PropertyAuction #AuctionHouse #EastAnglia #Results