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Hi everyone. I have never paid over $70 for a bourbon, and the most expensive was Pappy 12. I was able to try the 23 year and the 20 at a tasting flight, and both were heavily over-oaked and tannic. Those Pappy bottles selling for $1k-4k are $70-300 bottles MSRP and IMO not any better than a lot of easily found bourbons. Weller 12 is the exact same bourbon as Pappy (often literally from the same batch), stored in different barrels. Anyone who distributes it knows this, but isn't allowed to talk about it, at least when I was a distributor. But alas, hype sells. The discontinued bourbons will continue to increase and are a fantastic investment.

Hi everyone. I have never paid over $70 for a bourbon, and the most expensive was Pappy 12. I was able to try the 23 year and the 20 at a tasting flight, and both were heavily over-oaked and tannic. Those Pappy bottles selling for $1k-4k are $70-300 bottles MSRP and IMO not any better than a lot of easily found bourbons. Weller 12 is the exact same bourbon as Pappy (often literally from the same batch), stored in different barrels. Anyone who distributes it knows this, but isn't allowed to talk about it, at least when I was a distributor. But alas, hype sells. The discontinued bourbons will continue to increase and are a fantastic investment.

I don’t think it’s a secret that they are the same mashbill but they are stored in different areas of the warehouse and are bottled at different proofs l, at least for the older ones (15 and up). Which makes a difference.  Not one worth the premium for sure but they aren’t identical.

I would not say that overall bourbon prices are coming down, as they are generally continuing to increase.  If you are just talking about Buffalo Trace/Sazerac products, like this thread so far, then you may be seeing more of their products available.  The regular retail price I pay for BT/Saz stuff through store allocation programs has not changed, but maybe the marked up/secondary prices are coming down.  Probably in response to a slower economy, and the end of COVID shifting drinking back to bar consumption.  Most of you probably know they have increased production by 50% in the last five years, with the youngest products now hitting shelves.  I took the Expansion Tour at the distillery last November, and saw first hand their newest mash tubs and fermenters.  Buffalo Trace has held prices remarkably steady at the expense of creating tremendous unmet demand.  They and Brown Forman (Woodford, OldFo) are private/family controlled and have followed similar paths, while distilleries owned by public conglomerates (Beam, Makers, Wild Turkey) have recently been pushing prices more (especially WT).

If you are unable to get the BT products you like, look for the new Origin series from Bardstown Bourbon Co.  At around $50 and 6 yr age statement (not found on most BT products), they have a rye recipe at 96 proof and a wheated recipe BiB at 100 proof.  I have had both many times and really like both palates (but a bit weak on the finish).  Maker's Mark is also coming out with an 11/12 year blend at 90.4 proof (wish that were higher) that could be a Weller 12 alternative.

Blanton's here in WA state starts at about $70 (+ another 1/3 in taxes).  But that's only when you can find it, which you can't. I look every time I'm in the stores. I haven't noticed prices coming down on any of the higher end stuff.

My current favorite is Frey Ranch, which isn't distributed here, but can be found in the SouthWest states for $40-$50. It's a bit on the sweet side, but a great sipper.

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