Introduction
Woodford Reserve is a renowned brand of bourbon whiskey that has been producing premium spirits for over two centuries. Each year, Woodford Reserve releases a limited edition Derby bottle to commemorate the Kentucky Derby. These bottles have become highly sought after by collectors and whiskey enthusiasts alike. In this article, we will explore the value of the 1999 Woodford Reserve Derby bottle and why it holds a special place in the hearts of avid collectors.
The History of Woodford Reserve
Woodford Reserve traces its roots back to 1797 when Elijah Pepper began distilling whiskey in Kentucky. The distillery changed hands multiple times over the years until it was eventually purchased by Brown-Forman Corporation in 1941. The brand was then renamed Woodford Reserve and has since gained a reputation for its exceptional craftsmanship and attention to detail.
The Kentucky Derby Connection
Woodford Reserve became the official bourbon of the Kentucky Derby in 1999, and to celebrate this partnership, they started releasing limited edition Derby bottles. Each year, the bottle features a unique design that pays homage to the rich history and tradition of the Kentucky Derby. These bottles are highly collectible and often appreciate in value over time.
The 1999 Woodford Reserve Derby Bottle
The 1999 Woodford Reserve Derby bottle is particularly special because it was the first edition released in honor of the Kentucky Derby. This makes it highly coveted among collectors who value historical significance. The bottle features a beautiful design that showcases the iconic Twin Spires of Churchill Downs, where the Kentucky Derby takes place.
Value and Rarity
The value of the 1999 Woodford Reserve Derby bottle can vary depending on its condition and the demand among collectors. On average, a sealed and unopened bottle can fetch anywhere from $200 to $500 in the market. However, if the bottle is in pristine condition with its original packaging, the value can go even higher.
Factors Affecting Value
Several factors can influence the value of the 1999 Woodford Reserve Derby bottle. These include the overall condition of the bottle and packaging, any unique features or special editions, the rarity of the bottle, and the current demand among collectors. As with any collectible item, the value can fluctuate over time, so it’s important to stay updated with the latest trends in the market.
Collecting and Preserving the 1999 Woodford Reserve Derby Bottle
If you are lucky enough to own a 1999 Woodford Reserve Derby bottle, it’s crucial to take proper care of it to maintain its value. Store the bottle in a cool, dark place away from direct sunlight to prevent any potential damage. Additionally, keep the bottle in its original packaging and handle it with care to avoid any scratches or dents.
Displaying the Bottle
Many collectors choose to display their Woodford Reserve Derby bottles as a centerpiece in their whiskey collection. You can showcase the bottle in a glass cabinet or on a dedicated shelf, ensuring it is safely secured to prevent any accidental falls.
Conclusion
The 1999 Woodford Reserve Derby bottle holds both historical and sentimental value for collectors and bourbon enthusiasts. Its connection to the Kentucky Derby and its exceptional design make it a prized possession. Whether you own one or aspire to add it to your collection, the 1999 Woodford Reserve Derby bottle is an iconic piece that continues to captivate the hearts of whiskey lovers.