PeterG7 started a discussion
11 years ago
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What to do with a $26000.00 Malt
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Lars replied
Here's the link for those interested.
Now tell me would you buy it from this guy if he offered? I personally would be tempted but in the end would pass on it, who knows what he's done to it. I think the guy is going to drink it personally.
11 years ago 0
systemdown replied
He'd have a hard time selling it.. Canadians please be wary, if the bottle surfaces somewhere for sale not through a "usual" outlet!
11 years ago 0
CanadianNinja replied
First of all, I believe it's possible that he may not have all that much trouble selling it. If he's willing to leave the country and search for a buyer outside of Canada I would suspect it wouldn't take very long before he could get rid of it.
Second, while I certainly don't condone theft, I hope Glenfiddich is able to get it's product safely returned, it is very hard for me to feel any sympathy for the LCBO! Through the LCBO the Canadian government robs it's citizens with completely ridiculous taxes on alcohol and particularly whisky. I'd be very interested to know how much of that $26,000 price tag is taxes!?
11 years ago 0
systemdown replied
LOL @paddockjudge 's recent activity: "added Glenfiddich, 50-year-old Single Malt to their cabinet". Complete with profile pic update. Nice.
11 years ago 6Who liked this?
PeterG7 replied
@CanadianNinja I'm sure there is a LCBO mark up. A check of the Whisky Exchange has it priced at 21700 cdn. By the way, there is a really nice picture of him leaving the LCBO.
11 years ago 0
CanadianNinja replied
@systemdown, haha beautiful! I say we don't tell anyone as long as he shares ; )
11 years ago 6Who liked this?
YakLord replied
@CanadianNinja - mark-up for profit and social responsibility, plus taxes...the basic sales + goods and services tax in Ontario is currently 13%, which is included in the price (along with a bottle deposit of $0.20), and while my brain isn't functioning totally this morning, you could do it this way:
Y + 0.13Y + 0.2 = 26,000
A year or so ago that particular bottle was at $25,000, but the LCBO has a legislated mandate to review and raise prices on an annual basis...
11 years ago 1Who liked this?
michaelschout replied
I'm with @CanadianNinja! I'll keep my mouth shut for a dram or two.
11 years ago 2Who liked this?
goldfilm replied
Travel around the world for $25000 and sell it in the last country you visit.
11 years ago 2Who liked this?
tjb replied
As a strange coincidence I happen to have just returned from Canada and happen to have a bottle of Glenfiddich 50 year old for sale. Offers welcome, cash only!
11 years ago 1Who liked this?
Nolinske replied
I hear there is a soon to be graduate that will offer @tjb $200 for his commencement dram :) if that is insufficient then I will offer u 300 yen. (Crosses fingers hoping he does not use a currency conversion tool)
11 years ago 0
Wills replied
@tjb I guess the police was already reading here, now they are REALLY interested ;)
Still no statement from @paddockjudge yet? Guys you always get me laughing :D
11 years ago 0
What do you do with a $26000.00 50 year old Glenfiddich that was stolen fro a Toronto LCBO? A guy walked into the Queen Quay LCBO paid for a bottle of wine and somehow, from a locked cabinet managed to walk out with the malt. So, considering there were only 50 bottled, I would think it would be pretty difficult to sell or auction openly. You can't even brag that you have it. The other option of course, is to drink it. I would think something that valuable is going to be hard to hide.