Criticality of Entry & Exit

Entry Price

Entry price refers to the purchase price of an asset/liability (in our case bottles or casks of Rare Whisky) that is determined based on the amount required to exchange the asset in an orderly transaction between market participants.

Exit Price

On the other hand, Exit price constitutes the sale price of an asset/liability – in our case Rare Whisky bottles or casks - that is determined based on the amount required to exchange the asset in an orderly transaction between market participants.

Open Market Value

Entry price represents the perspective of buy-side; what a company/individual would pay to acquire an asset.

Exit price reflects the standpoint of sell-side; what a company would receive if it were to sell the asset in the marketplace or paid if it were to transfer the liability.

If fair value is supposed to represent the price in a sale or a transfer, that price is simultaneously an exit price for the seller and an entry price for the buyer.

At RW101 we value all stocks for sale based on “OPEN MARKET VALUE or OMV” by using the vast dataset we have built up over 10 years. It provides the seller with a fair value to expect (and ensures he/she is not undervalued) and gives the buyer confidence he/she is not over paying.

This "matching" at OMV has worked well for all our clients over a number of years and as such we have brokered some incredible rare whiskies such as Macallan Fine & Rare sets, Macallan Adami, Macallan Blake, Macallan 18 yo and 25 yo verticals, Dalmore 50 yo, Balvenie 50 yo, Glenfiddich 1937, Collections of Karuizawa, Hanyu and casks from many of Scotland's Iconic single malt distilleries.