Whisky Reselling

What is whisky reselling?

As the title states, its reselling whisky. Imagine it as reselling on eBay but for whisky reselling we use different platforms which are detailed below.

Whisky's are VERY profitable, we will alert you when the next Whisky drop it. You need to be 18 years of age, if not use a family/friends details.

Airports/ Travel retail stores

*all of this section also applies to any friends or family who are travelling, ask them to keep an eye out for you*

This is more for if you’re from the UK and are going on holiday, or spend a lot of time going through airports for work etc. The tax free travel retail stores you find in London and glasgow airports often have good stock allocations of limited whisky. There’s too many to list but if you’re going through any large airport have a look through the brands like Macallan, Ardbeg, Yamazaki, Bowmore, Laphroaig, Lagavulin etc and check resale value if you’re unsure. There is sometimes stock in smaller airports too so check if you’re going through any.

If you are returning to the UK from an EU country this is your allowance;

4 litres of spirits over 22% alcohol = 5 full size bottles (750ml) + 5 miniature bottles (50ml)

10 litres of spirits over 22% alcohol - but you must pay excise duty at £10.66 per litre on every litre. Once you go over 4 litres, your allowance is gone and you pay duty on everything.

I’ve know people who’ve bought 20 bottles through forgetting that there was a limit and nothing happened but If this happens and they pull you to the side, apologise and say you’ll pay whatever tax is owed on them. They may also confiscate the spirits.

If you are returning to the UK from a non-EU country you are allowed only 1 litre of spirits over 22%

If you’re ever going through Heathrow Terminal 5 have a look at some recent Macallan sales before you go to the Macallan boutique store, if you see something profitable, buy it. As of right now they have a full 007 series in a display case that will get sold at some point, they frequently have the smooth arabica travel retail box in stock also. The limit is 1 per person. The staff here aren’t a fan of scalpers. If you make it obvious you’re buying it to flip they may refuse sale on single purchase limit bottles. They also backdoor and reserve bottles for people they know well so it’s worth trying to build a relationship with them if you’re going through T5 alot.

There are more Macallan Boutique stores around the world in major airports.

Airport Looping

There are also opportunities to loop airports in the EU. If you live here or are going to be there for a few weeks or longer - Certain airports like Barcelona, Schipol, Rome and many others offer super cheap one way flights to neighboring countries, sometimes as low as £15. This means you’re able to use the ticket, check in, go through security, buy the whisky and walk out of the airport. Repeat. This sounds strange but it’s pretty normal for a small percentage of all passengers to not board the flight after check in.

The only problem may arise if your destination is a non-EU country, if you get caught leaving the airport after purchasing anything in a duty free store in this scenario, it’s a certain type of tax avoidance.

Do not let this put you off, Airport travel stores in the EU are not actually duty free, it’s illegal to sell duty free items in the EU. It’s only a technicality if you’re boarding pass is for a destination country outside of the EU.

Local Stores

Go on google and search for whisky/ wine/ liquor stores within x miles of your house and have a look for some bottles. Get talking to the shop owner and take it from there, maybe say that you’re after something that’s recently released because a friend bought you the last bottle in the series as a present and you enjoyed it. Not many store owners like resellers, but if you can get a business relationship, maybe helping them secure some allocations for retail + £xxx and they will help you get some allocations for retail + £xxx in return.

How To Sell Your whisky

The Grand whisky Auction

Overview

The Grand Whisky Auction is one of the largest Whisky online auctions based in Scotland, usually consisting of over 3500 lots per auction. They attract alot of high paying customers meaning you are highly likely to sell your bottle for a good price.

Selling Fees

Initially there is a £5 sign up fee to register with The Grand Whisky Auction to verify the authenticity of each buyer. Next there is a £5 bottle registration fee and a £7.50 reservation fee. Once a sale has been made, 10% is deducted from the sale price. Once your bottle is sold, payout will come 7-21 days after the close of the auction.

Extra Info

The Grand Whisky Auction provide a useful service in which you can get a free valuation of your bottle before sending it to their team (See below).

If you would like some more information of what to expect if you sell a particular bottle at auction please just give us a call 01463210427 or [email protected].

Scotch Whisky Auction

Overview

Scotch Whisky Auction is a large auction house based in Glasgow, with over 8500+ lots on their last held auction. Again they attract extremely high paying customers so you are very likely to secure a good price for your bottle. You can also check previous auctions on their site to decipher the sale price for your bottle.

Selling Fees

The seller will be charged 0% of the hammer price as the commission rate. Additional fees are £6 per bottle or miniature (plus VAT) and £10 reserve per lot if required (plus VAT). For more information on selling with SWA can be found:https://www.scotchwhiskyauctions.com/selling/

Extra Info

Free collection service is provided in some areas by Scotch Whisky Auction. To see if you are eligible or to fill out the form click this link: https://www.scotchwhiskyauctions.com/local-collections/

"We continue to offer free contactless pick ups, operated by our in house team. This is for bottles to be entered into our auction. To qualify for this service your collection must be a minimum of 10 bottles or collectively worth at least £1000."

MaltDAQ

Overview

MALTDAQ is a new way of buying and selling whisky which works on a Bid / Ask principle. Buyers create Bids – signalling to the MALTDAQ marketplace how much they are willing to pay for a particular bottle. Sellers create Asks to indicate how much they are hoping to sell a particular bottle for. When a Bid equals an Ask the sale can take place.

MALTDAQ displays the Bids and Asks for each whisky in a transparent way – buyers can see the minimum price sellers would sell for; sellers can see the highest price buyers will pay at any one time.

Selling Fees

Each sellers fee is unique to each sale and can be seen when posting your ASK amount. The fees associated with MaltDAQ include Sellers commission, Delivery / Bottle collection and VAT. Once sold MALTDAQ will arrange collection of the whisky from you within 2 working days.

Extra Info

This is a relatively new site that follows the same selling mechanism as popular sites within the sneaker industry such as StockX and GOAT. Although it is a great idea, buyers and sellers often, and are able to, 'flake' on their sales/purchases so be aware.

Whisky Hammer

Overview

Whisky Hammer is a large online whisky auction site based in Scotland, with over 2500 lots on their last held auction.Again they attract extremely high paying customers so you are very likely to secure a good price for your bottle. You can also check previous auctions on their site to decipher the sale price for your bottle.

Selling Fees

• The selling fees for Whisky Hammer are as follows:

• Bottle registration fee is £5.00 per Lot +VAT

• Reserve fee (optional) is £7.50 per Lot +VAT

• Seller's Commission is 5% of the final hammer price (the winning bid) + VAT.

• Bank handling charges may apply when we transfer payment to you if you are located outside the UK

Extra Info

Whisky Hammer provides a useful service in which you can get a free valuation of your bottle before sending it to their team. Click this link to complete the form: https://www.whiskyhammer.com/request-whisky-valuation

Whisky.Auction

Overview

Whisky.Auction is an auction site that holds unique auctions depending upon the type and size of the spirit being sold. Although it is a trusted and well established site, due to its uniqueness of each auction, it does not attract as many buyers as the previous.

Selling Fees

The fees associated with Whisky.Auction include Listing fee, Reserve price fee, commission fee and VAT. Further information on the exact fees associated with your bottles size and value can be found via this link: https://whisky.auction/sell/seller-s-guide

Extra Info

Whisky Hammer provides a useful service in which you can get a free valuation of your bottle before sending it to their team. Click this link to complete the form: https://whisky.auction/valuations/value-my-bottle