I mean there’s tea that you can buy that’s aged about 30 years. That stuff is horrifically expensive because the capital outlay with ZERO return on it is massive. (I drank a tea that was actually 99 years old once, back in about 2003. It cost roughly twenty bucks in 2003 money for a thimble-sized teacup’s worth. Yes, it was worth it.)
You can also get liquors that are aged 25+ years here. Again, it’s hugely expensive because of the outlay vs. return ratio.
And both of these only work by also selling younger versions: for the liquors 3 years and for teas anywhere from a year on up.
You can also get liquors that are aged 25+ years here. Again, it’s hugely expensive because of the outlay vs. return ratio.
It’s not just that, it’s also that alcohol evaporates. I mostly know single malts - where the evaporation is called ‘the angel’s share’. It’s a couple of percent per year of storage (in Scotland). That might not sound like much but after 30 years at 2% you’ll have lost about 45% of your initial volume.
Could you imagine? You’d need to fund a company for 100 years with potentially 0 profit
Sometimes I wonder what people are thinking.
Then I remember most people don’t think.
I mean there’s tea that you can buy that’s aged about 30 years. That stuff is horrifically expensive because the capital outlay with ZERO return on it is massive. (I drank a tea that was actually 99 years old once, back in about 2003. It cost roughly twenty bucks in 2003 money for a thimble-sized teacup’s worth. Yes, it was worth it.)
You can also get liquors that are aged 25+ years here. Again, it’s hugely expensive because of the outlay vs. return ratio.
And both of these only work by also selling younger versions: for the liquors 3 years and for teas anywhere from a year on up.
A hundred years? And yet you sell them for a price of about $1.5 for ten? (First search page on Taobao, randomly selected shop: https://detail.tmall.com/item.htm?id=683692822495)
I may have a business idea for the US market
Selling pre-rotted eggs? 🤣
It’s not just that, it’s also that alcohol evaporates. I mostly know single malts - where the evaporation is called ‘the angel’s share’. It’s a couple of percent per year of storage (in Scotland). That might not sound like much but after 30 years at 2% you’ll have lost about 45% of your initial volume.
Evaporation when covered in clay is slowed by quite a bit, but yeah, 25+ years will still lose you volume.