One of those indulges that we find ourself in with this bourbon hobby is acquiring a few dusty bottles. And if you’ve never had a dusty bourbon before, then this episode will wet your appetite for one. There’s so many aspects of it but can you imagine building a business off of a non-renewable resource like dusty bourbon? That’s what we wanted to know so Brad Bonds and Shannon C Smith of Revival Vintage Spirits join the show. We talk about various aspects of the dusty bourbon market and collecting vintage spirits for sale such as strategies for acquiring dusty bottles, managing inventory and cash flow, vetting buyers, and dealing with potential fakes. We also touch on some legal things but also figuring out what brands stand out in the dusty market.
Show Notes:
- Above the Char with Fred Minnick (@fredminnick) talks about whiskey going bad with only a small amount remaining.
- What led you down the dusty bourbon rabbit hole?
- Were you trying to buy and acquire dusty bourbon when you were at Cork ‘n bottle?
- What was your strategy on acquiring dusty bottles?
- Are you scared about your inventory coming to an end?
- How do you manage your cash flow?
- How do you vet buyers and look for fakes?
- Why don’t you like to resell Van Winkle?
- What has changed with the Kentucky Vintage law?
- What is defined as a vintage spirit?
- Are Beam decanters are good gateway for those getting started?
- How do you choose what to open for the open tasting bar?
- What percentage of your revenue is tastings vs full bottle sales?
- How do you guide someone in buying a bottle if they have a budget?
- What products today do you think will be great vintages tomorrow?
- Support this podcast on Patreon