Supports qualified premium and scarcity analysis; prices, allocation practices, and causal market effects remain time-specific and need independent evidence.
The section juxtaposes market fetishization with participants who treat whiskey as a shared social object rather than a trophy.
Thompson depicts allocations, resale, counterfeits, collector behavior, bottle-opening events, status competition, and genuine social connection as simultaneous consequences of Pappy's scarcity.
PDF sheet 112
PDF sheet 109
Part II, Chapter 19
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