Scotia Royale 12 (and auctions again)

So this is something that I picked up at an auction a while back. I know my last post but one was about auctions so I’m probably sounding like some auction crazed lunatic right now. But before talking about this whisky I thought I’d mention that a aspect of auctions that I like and that is the opportunity to pick up miniatures.

Scotch Whisky Auctions (and others probably) seem to regularly bundle together miniatures to sell off and they seem to go for pretty reasonable prices. For example,  I got 10 assorted minis for £25 and it included some cool stuff - an old Bunnhabhain (possibly one of their first miniatures produced after checking on Twitter) and a lovely old Signatory Strathmill that’s got me interested in that distillery.  It was a random selection with some stuff better than others. But whilst certain minis are highly sought after (mainly silent stills) they generally don’t seem to be that collectable. So they’re great for picking up for that other reason to buy whisky – i.e. to drink.

Ralfy, as ever, does a great bit about miniatures. One thing he mentions in there is you can pick up minis of different ages of the same bottling (e.g. an Ardbeg 10 from 90s or 2000s) and compare them with their latest incarnation to see how consistent it is.

Photo not stolen from Master of Malt for once

A note of caution though is that neck fill levels are often lower than full-size bottles so I assume they’re more susceptible to air getting in. As ever always study the pictures carefully.

So, anyway,  Scotia Royale is not something I’d ever come across and I thought it might be just a weird wee blend that you often see (a lot of these on auction sites – and obscure doesn’t necessarily mean valuable or quality either). Certainly it was obscure enough that I struggled to find a stock photo online anywhere.

A bit of label reading and googling told me that it was bottled by A Gillies and produced by Glen Scotia. Reading up a bit more on this it seems that this company is dormant and the distillery shut in 1982 and lay silent until 2000. Another good thing about picking up random bottles is the chance to do some amateur sleuthing.

So this wee bottle is probably quite old depending on when they actually bottled it. It still had a decent neck fill. If it was produced at Glen Scotia I’m not sure how much is grain and whether the malt is Glen Scotia. Certainly the label doesn’t give too much away – even the alcohol % is a mystery.

On to the tasting. First things first; it had that certain mustiness to it that some old bottles have, that it needed to shake off  – a kind of carboard/cupboard feeling. But I found it dissipated as a bit more air got to it.

Colour wise it was quite golden syrupy. Smooth  on the nose with some gentle sweetness, not too much of that candy sweetness you get with grain. More like sultanas in an old jar.

It reminded me of Chivas 12 with its lighter style. There’s a bit of butter and vanilla in there like Chivas. But there’s a bit more to chew on, more of a battered leather feel to it.

It opened up nicely – really smooth and creamy with a nice mouthfeel.

There’s was a nice long aftertaste too. Not hugely complex but tasty. It had that dry Campbeltown style you might get with Springbank. Not peaty like Glen Scotia is now but perhaps its origins might explain the earthy quality that made it a bit different to the Chivas.

It looks like it’s seldom seen these days so maybe I’ll never see this stuff again. It’s nice to have that little connection with the past though. I wouldn’t bust  a gut to get a full bottle of this. But I know that this isn’t just some random awful blend but a decent quality whisky.

Flora, Fauna and Auctions (but not Merryweather)

Rather than a review this is fairly random post about auctions and the Flora & Fauna range.

I was browsing some whisky auction sites the other night. These sites themselves are quite an interesting phenomena and I might write something about them soon (read: months away). Sufficed to say that I find them quite interesting to browse even when I’m not looking for anything - particularly older bottles and old labels.

Anyway, a week or so ago I noticed that a complete set of Flora and Fauna whiskies had been sold for £4,000 on whiskyauctioneer.com

That’s 26 bottles from different United/Diageo distilleries all released under the Flora and Fauna label. I won’t go into detail about this range here because other people have covered it, but basically these bottles were limited releases from various distilleries under the same ownership, including some from distilleries that don't have an official bottling. They also have rather nice labels featuring, guess what, flora and fauna.

I wasn't aware of the Flora and Fauna range until early last year when the news of the new Mortlach range emerged. Long story short: I heard about this great whisky called Mortlach, then was excited to  hear about a new range being launched, then flabbergasted to hear how much they would cost and then spent a lot of time trying to get hold of a couple of bottles of the highly rated Flora and Fauna 16 year old. And get hold of them I did.

Since then I've seen other F&F bottles popping up on retail and auctions sites. So seeing the whole lot together being sold I wondered if £4,000 represented good value. I knew that Mortlach F&F was more difficult to get hold nowadays but paying an average of £150 per bottle seemed a bit steep. Then again a few months ago another complete collection of F&F went for £4,900 on the same auction site so maybe this person had snagged a bargain.

Being that kind of person I suddenly wanted to look at this in a bit more depth and satisfy my curiosity so I looked through auction data from all the auctions run by Scotch Whisky Auctions  (mainly because I find their site most user-friendly and they have a lot of data). I copied, pasted and tidied up the data and attempted to compare the prices of bottles in the range over the last 4 years. I excluded bottles with wooden boxes and 1^st editions – these are more sought after and skew the average price.

What did I find out? Are you still interested?

The first thing say is that pricing across the Flora and Fauna range is not uniform. At all.  The availability, age statements and release dates vary between the distilleries so there are huge differences in the prices paid for the bottles but I'll come on to that.

If you look at the average price paid for each bottle across auctions in the last 4 years and added it together it would come out at £3400 in total. So £4000 might seem a bit over the odds but not outrageous considering you're getting all the bottles at once.

Then again if you took the most paid each bottle at auction (standard versions not boxed remember) you might have ended up paying £6180. 

Then again had you been lucky enough to get them at their cheapest you could have had all the bottles for £2150. 

Perhaps a more useful comparison would be the most recent prices paid for each, which would total £3270 which isn't far off the average.

Looking in more detail at individual whiskies in the range revealed more volatility. The key thing for me was that there wasn't a steady climb of the prices of each whisky over time. The highest prices paid for bottles were rarely in the last few auctions. It can be very erratic. Notable variations for me included;

Balemenach: averaging around £190 with a peak of £320

Craigllachie averaging around £210 with a peak of £410

Dufftown averaging around £60 with a peak of £290

Glen Elgin averaging around £150 with a peak of £520

Royal Brackley with an average £274 with a peak of £500

Finally Speyburn averaging about £1000 (!) with a peak of £1800 (Somewhere Whiskysponge is dying with laughter.)

£1800 - Srsly?

Only one of those (Dufftown) hit their peak in the last 5 auctions with all of them recently falling quite a long way short of their peak. In fact a more sought after boxed version of the Speyburn could be nabbed for less than £1000 around 12 months after the £1800 peak for the non-boxed version. 

Most other whiskies in the range were steady throughout the auctions with smaller peaks and troughs. The brands that rose most steadily were Rosebank, Pittyveach and Mortlach which showed a clear rise over time. Unsurprisingly 2 of those are from silent distilleries and the Mortlach has had greater exposure recently and still represents better value than its latest incarnation. So this tells us more about the value of whiskies from closed distilleries than it does about collecting Flora and Fauna.

I think I'm right in say the range is discontinued now so they are collectible if you're into that kind of thing. And its within reach of the casual collector since most of the range is still available for £40-80. Completing it might prove tricky though - and it might be somewhat galling to eventually shell out £1500 for a 12yo Speyburn to complete the set. Patience would appear to be the key and not getting dragged into a bidding war.

Obviously this is just a snapshot in time, if I'd looked into this 18 months ago I might have been telling you to sell everything and buy Speyburn but I'd say unless you're interested in having this collection for it's own virtues (i.e. drinking, although those labels are pretty) I wouldn't stick bet the farm on it.

Look out for future in depth analysis on obscure mid-range whisky collections.

WW