Barrel Picks

Good evening, folks! Tonight, we delve into the wonderfully ridiculous world of barrel picks—yes, you heard that right, barrel picks. It's the latest trend in the bourbon industry that has us shelling out wads of cash for bottles that are, let's face it, only slightly more interesting than their regular counterparts. It's like paying a premium for a hamburger because it has a slightly fancier pickle. So, grab a seat and let’s unravel this bourbon barrel bonanza.

The Shift from Classic Collectibles to Barrel Picks

Once upon a time, bourbon enthusiasts were on the perpetual hunt for legendary bottles like Pappy Van Winkle, Colonel E.H. Taylor, and Blanton's. These were the holy grails of the bourbon world, the elusive treasures that stirred dreams and emptied wallets. But as these hunts have waned, a new obsession has taken hold: barrel picks. This trend, while intriguing, also highlights our relentless pursuit of exclusivity. We yearn for something unique, something that not everyone else can have, as if owning rare whiskey could somehow elevate our social status.

The Great Chase

Often, I'm asked, "What’s your favorite bourbon?" My answer is usually the same: Wild Turkey. It’s objectively a great bourbon, and its availability is a massive plus. Rare whiskeys remind me of being ten years old and having a Lamborghini poster on my wall. They’re the stuff of dreams, items you covet but may never actually possess. The thrill isn’t in owning them; it’s in the chase. As I grew older, my father taught me how to build a small-block Chevy engine, which we later installed in my Camaro. It's no Lamborghini, but it's mine—reliable, well-understood, and still capable of turning heads.

Barrel Picks: The SUV of the Bourbon World

So, if Pappy Van Winkle is the Lamborghini of bourbons and Wild Turkey is solid American muscle, what does that make barrel picks? Picture the new iteration of the Mustang—not the cool one, but the SUV that should never have existed. It's the industry’s attempt to create a new trend for us to follow blindly because it's different. But let’s be clear: different isn’t always better.

Yes, there are cool barrel picks out there, but let's zoom out a bit. There are 45,740 liquor stores in the United States. If each store bought and sold a barrel a month, that’s 548,880 barrels of whiskey a year. Back in 2015, the Jim Beam distillery claimed to have 1.9 million barrels. While that number has likely increased, it takes good bourbon at least eight years to age. With stores buying entire barrels at a time, demand skyrockets, and you know what else goes up with demand? The price!

The Price of Exclusivity

How many barrel picks have you had that were just okay? Probably more than a few. You paid extra for a special label, and that stings. It stings everyone. Finding the new cool thing is fun, but why are we spending $300 on a bottle of Old Forester? It’s absurd!

The Economics of Barrel Picks

Let’s break this down. When a store selects a barrel, they’re essentially curating a unique expression of a brand’s whiskey. Sounds fancy, doesn’t it? But in reality, it’s often just a slightly tweaked version of a standard bottle, dressed up in a shiny new label to make it seem more exclusive. And because it’s “exclusive,” we end up paying significantly more for it.

Consider this: if every store in America is buying barrels left and right, the demand for these supposedly unique offerings goes through the roof. And with increased demand comes increased prices. It’s basic economics, but in this case, it’s economics that hit your wallet hard.

The Marketing Magic

The genius of barrel picks lies in their marketing. Liquor stores and brands have tapped into our deep-seated desire for exclusivity and uniqueness. They’ve convinced us that owning a bottle from a particular barrel is akin to owning a piece of history, a liquid artifact. But let’s not kid ourselves—most of these barrel picks are marginally different from their regular counterparts.

Think about it: you’re paying extra for a slight variation, a nuance that most palates wouldn’t even notice. It’s like paying more for a movie ticket because the theater claims the popcorn is sourced from a special farm. At the end of the day, popcorn is popcorn, and bourbon is makes you feel funny.

The Real Cost

So, what’s the real cost of this barrel pick craze? Beyond the inflated prices, there’s the opportunity cost of missing out on consistently excellent, readily available bourbons. While you’re busy chasing the latest barrel pick, you could be enjoying a bottle of Wild Turkey or Elijah Craig—whiskeys that have stood the test of time and deliver fantastic value.

Furthermore, this obsession with exclusivity can lead to disappointment. How many times have you splurged on a barrel pick only to find it’s just…okay? That’s money that could have been spent on something reliably great, rather than a gamble on a fancy label.

The Fun in the Hunt

Now, don’t get me wrong. There’s undeniable fun in the hunt for something unique. The thrill of discovering a rare gem can be exhilarating. But when the industry capitalizes on this thrill, turning it into a marketing strategy that inflates prices and creates artificial scarcity, it’s time to take a step back and question our priorities.

Conclusion: Back to Basics

In the end, the barrel pick phenomenon is a fascinating glimpse into human nature. We crave exclusivity, the feeling of owning something special. But let’s not forget the basics: great bourbon is great bourbon, whether it comes from a standard bottle or a specially selected barrel.

So, next time you’re tempted to splurge on a barrel pick, take a moment to consider the absurdity. Ask yourself if you’re truly getting something special or if you’ve been caught in the marketing mirage. Because in the grand scheme of things, sometimes the best choices are the simplest ones.

Cheers to enjoying bourbon for what it is, not what the label tells us it should be.

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Dora Dufran

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Anna Wilson