1/What are you paying for in a bottle of Glenfiddich 12? Price its age, name, style and strength the way the rest of Dan Murphy's is priced and the features come to $123. This week it's $79, about 36% under that going rate.
2/What makes up that $123? Mostly its age, at 42%, and the name on the label, at 34%. Being a single malt accounts for 13%, its strength 9%. Most of the going rate sits in how long it aged and whose name is on the front, not in the liquid itself.
3/What none of that prices is how it tastes. Glenfiddich 12 is strongest in orchard fruit and malt — the pear and apple, the light cereal — and not one of the features setting the going rate puts a number on it. The flavour comes free.
4/And paying less needn't mean getting less: a Glenfiddich 12 drinker gets about 98% of it from Glen Moray 12 at $71 — honey, toffee, soft oak, nectarine, lychee. Two malts much alike, $3.57 and $3.21 a standard drink, both under a $13 pub pint. Yes either way.
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