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Month: July 2018

Singlemalting # 195 – Promise of Hope – Whiskey collectables

G’day everyone and welcome to what will be the first ever blog that I have written on a whiskey without actually tasting it.

 

Bourbon Sunshine

 

Recently I was on yet another trip South and managed to snag myself a bottle of something extremely rare. I have not really been a big buyer of whisky in the past. Wait on a sec before you get all shocked and horrified I need to clarify that having been in the industry most of my whisky drinking life I literally have more whisky in my basement than I can drink.

Whisky shopping can be a bit like Antique shopping with dusty bottles of amazing whiskies often sitting around for years before someone in the know scoops them up and makes an instant 100% return or more. This is frequently the case for Limited edition distillery bottlings but even in the independent bottling world there are bargains to be had. For indies there is even more chance that a special bottle has been overlooked for years and will gift someone a “start the car” moment.

For me this is perhaps the first bottle in what might become a long line of purchases that go into my “whisky fund” collection. I have always been a drinker of whisky and not a collector. Almost every bottle on my shelves is open and I am a firm believer that whisky was made to drink but I have no problem with the fact that the drinker may not be me. Like any investment there are always risks to take and a level of comfort you need knowing that you could blow your money. In the case of whisky investment the worst case scenario is that you can drink it……um seems like a win win to me.

Hope for ALS

In these uncertain times and stock market fluctuations whisky has been a consistent winner for investors over a long period. So with a little homework and a bit of luck you too can find those treasures and start your own whisky bank.

The topic of today’s blog just happens to be a bottle that found it’s way to me after a year of waiting. The Parker’s Heritage Collection from Heaven Hills has had some epic releases over the years including extremely old whiskey. The Promise of Hope is a 10 year old Bourbon at 48% and even reading through many tasting notes and reviews I have found a consistent thread of incredible balance and harmony in this whiskey. Almost enough to make me want to crack it and have a sip right now but I’m going to resist the urge on this occassion.

Parker Beam having been diagnosed with ALS has begun the Promise of Hope fund that goes towards research, advocacy and compassionate care for a very difficult disease with no cure at this time. This is the first single barrel whiskey released under the Parker’s Heritage Collection and helped to add around $ 250,000 into the fund.

If any of you are interested in helping out with this worthy cause you can check it out here – Promise of Hope Fund.

So to give you an idea in numbers for a bottle like this. Original retail price – $ 50. Almost immediately on release that went to $ 100 and is now worth over $ 500 on the secondary market. All this in only 5 short years after ithit shelves in 2013.

Promise of Hope

If you like whiskey/whisky in all its forms and can be disciplined enough to not open every bottle that you bring through your front door then get out there and find some gems. The rewards will be well worth it.

Next time drinking then writing – should be fun.

Cheers

Jonathan