Bourbon Pursuit Podcast #260: Rare Bottles and High Bids with Joe Hyman of Skinner Auctioneers

, | July 8, 2020

Do you have a really old bottle of whiskey? What about a unicorn that’s coveted by every bourbon enthusiast out there? We’re joined by Joe Hyman of Skinner Auctioneers to talk about what it’s like to buy and sell high-end bottles at a legit auction. We talk about everything from the bottles they accept, how they process auctions, and how they spot fakes. Every year a whiskey breaks the ceiling for sales, who knows what it will be this year.

Show Notes:

  • BevAlc Insights: https://bevalcinsights.com/
  • Dating Old American Whiskey Bottles: https://bourbonveach.com/2020/06/29/dating-old-american-whiskey-bottles/
  • Whiskey Advocate Article: https://www.whiskyadvocate.com/black-market-bourbon-feature/
  • This week’s Above the Char with Fred Minnick talks about Bottled-In-Bond.
  • How did you get into spirits and auctions?
  • Did 50 year old scotch ruin you?
  • How do you get these rare bottles?
  • Talk about the legalities of selling and shipping alcohol for an auction house.
  • How do you transport or ship the bottles?
  • What do you define as a rare bottle?
  • How often do you get something in and it’s ruined somehow?
  • How do people react when they bring you a bottle that they think is amazing, but you can’t sell it?
  • How do you spot fakes?
  • What would happen if you auctioned a counterfeit bottle?
  • Do you research on the secondary market for pricing? How do you gauge value?
  • What do you attribute fluctuations in the market to?
  • Any advice for people wanting to participate in an auction?
  • Do you still get a thrill when finding rare bottles?
  • Are there things you won’t sell?
  • What’s the record sale?
  • What’s your commission rate?
  •  Who is cooler, Scotch or American whiskey buyers?
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Bourbon Pursuit

Kenny Coleman and Ryan Cecil host the Bourbon Pursuit podcast from Louisville, KY. Together, they share a passion for the stories that made an industry flourish with a focus on history, personality, and of course, great bourbon. Their guests include master distillers, bloggers, historians, local events and more.