[The Evolution of Bamboo and Crane Labels] From "Black Label" to "White Label", which one is the "unicorn" of the buyback industry?

I. The Foundation of Taketsuru: A Timeless Harmony of Yoichi and Miyagikyo

To decipher the labels, one must first understand the technical core of "Taketsuru." Unlike traditional blended whiskies that incorporate grain whiskies, the "Taketsuru" series falls under the "Pure Malt" or "Blended Malt" category. It is composed entirely of single malt whiskies and contains no grain components.

Taketsuru Whisky

The soul of Taketsuru lies in the collision of two major distilleries:

  1. Yoichi: Located in Hokkaido, it adheres to traditional direct coal-fired distillation, imparting a powerful, rich, and "heavy" style with smoky and maritime salty notes to its raw spirits.
  2. Miyagikyo: In Sendai, it uses steam heating, producing elegant, delicate raw spirits rich in captivating floral and fruity aromas.

Masataka Taketsuru's philosophy was to perfectly harmonize these two contrasting elements, creating a supreme blend that possesses both complex depth and a silky smooth mouthfeel.


II. A Brief History of Taketsuru Label Evolution: From Glory to Discontinuation

Since its official establishment in 2000, the Taketsuru series has undergone several key milestones in its release:

  • 2000: Taketsuru 12 Year Old Pure Malt made its debut, initially in a unique square bottle design.
  • 2001: The 17 Year Old and 21 Year Old were launched, officially establishing the aged product line.
  • 2013: Due to an impending shortage of aged whiskies, the first No Age Statement (NAS) "Black Label" was released.
  • 2014: The iconic Taketsuru 12 Year Old was officially discontinued due to insufficient aged stock.
  • 2020: This was a heartbreaking year for countless collectors, as Suntory announced the discontinuation of all age-statement Taketsuru whiskies (17, 21, 25 years). Simultaneously, the NAS product was updated from the "Black Label" to the current "White Label" (also known as "Pink Label" or "Beige Label").
  • 2025: With the new JSLMA (Japan Spirits & Liqueurs Makers Association) labeling regulations taking effect, the Taketsuru label was fine-tuned again, explicitly marked as "JAPANESE WHISKY," symbolizing the guarantee of pure domestic raw spirits.

III. In-depth Showdown: Old "Black Label" vs. Current "White Label"

Currently, the most common point of contention in the secondary buyback market revolves around these two NAS labels that changed in 2020.

1. Old "Black Label" Era (2013–2020)

The old Black Label Taketsuru was a very affordable choice back then, retailing for only about 2,500 JPY.

Taketsuru Old
  • Color: Bright amber.
  • Flavor: It is generally believed that it had a higher proportion of Miyagikyo raw spirits, with a "rich and elegant" taste, exuding sweet notes of vanilla and malt.
  • buyback dealer's Secret: At the time, the definition of "Japanese Whisky" was vague. It was widely rumored that the Black Label version used raw spirits from Nikka's Scottish distillery, "Ben Nevis," for blending. Although never officially confirmed, this "international" blend gave it a very profound layering.

2. New "White Label/Pink Label" Era (2020 to Present)

Taketsuru New

To comply with the new Japanese whisky standards effective in 2024, Nikka undertook a major "purely domestic" reformulation.

  • Color: Significantly lighter, presenting a pale golden yellow.
  • Flavor: The blender significantly increased the proportion of "Yoichi Sherry Casks" and "peated malt." The taste became more "intense" and impactful, with more distinct smokiness and the fruity sweetness of sherry casks, but it lacked the well-rounded enveloping feel of the Black Label.
  • Current Market Price: The official Manufacturer's Suggested Retail Price (MSRP) was raised to 7,000 JPY (approximately HKD 364) in 2024, while the secondary market buyback price has stabilized.

IV. Who is the "Unicorn" of the buyback World?

In "Whisky Collectors"' professional appraisal standards, a true "Unicorn" is not a limited edition bottle priced in the hundreds of thousands, but rather an extremely rare version produced due to a specific historical window.

Taketsuru Square Bottle 12 Year Old

1. The Ultimate Unicorn: 2000-2001 "No Asahi" Square Bottle 12 Year Old

This bottle is the pioneering work of the Taketsuru series, its rarity stemming from Nikka's corporate buyback history.

  • Identification Secret:
    • Look at the back: In 2001, Asahi Breweries completely acquired Nikka. The back of this unicorn bottle only bears the words "Manufacturer: Nikka Whisky" and completely lacks the words "Seller: Asahi Breweries."
    • Look at the neck label: The "TAKETSURU" lettering on its neck label is noticeably smaller than "NIKKA WHISKY" above it. In square bottles after 2001, this font was enlarged for better visibility. This whisky represents the "pure Nikka" spirit before Asahi's corporatization, with extremely limited quantities in existence, making it a coveted treasure for seasoned old whisky enthusiasts.

2. The Renowned Unicorn: Taketsuru 35 Year Old Anniversary Edition

If the square bottle 12 Year Old is a hidden gem in terms of labeling, then the Taketsuru 35 Year Old is a "phantom masterpiece" in terms of substance.

Taketsuru 35 Year Old Anniversary Edition
  • This whisky was released in 2004 to commemorate Nikka's 70th anniversary, with only 1,000 to 1,200 bottles worldwide.
  • It is the only work in the series to contain grain whisky from the Nishinomiya Distillery, and each bottle has a handwritten signature and number from Takeshi Taketsuru (Masataka Taketsuru's adopted son).
  • Current Market Price: Auction prices have long surpassed 1,000,000 JPY (approximately HKD 52,000), making it a top-tier auction item in the Hong Kong buyback market, with prices determined on a case-by-case basis.

V. Taketsuru Series buyback Prices and Rating References for 2026

Based on structural corrections in the global whisky market, here are the estimated prices for 2026 compiled by "Whisky Collectors" (converted to HKD):

Whisky NameCollection Rating2026 Estimated buyback Price (HKD)Key Value-Adding Factor
Taketsuru 35 Year OldSSS (Legendary Grade)HK$52,000+Absolute scarcity, handwritten numbering
Taketsuru 25 Year OldS (Treasured Grade)HK$15,000 - $20,000Pinnacle of Nikka blending craftsmanship
Taketsuru 21 Year OldA (Blue Chip Grade)HK$5,000 - $8,000Older Pure Malt labels are more valuable
Taketsuru 17 Year OldA- (Solid Grade)HK$3,000 - $5,000WWA four-time winner, value for money choice
Taketsuru 12 Year Old (Square Bottle)B+ (Nostalgic Grade)HK$800 - $1,500Doubles in value depending on "No Asahi" label
Taketsuru NV (Black Label)B (Consumable Grade)HK$400 - $700Benefits from discontinuation effect, slowly rising

VI. Professional Advice from Recyclers: How to Preserve the Value of Your Property?

As recyclers, we have seen too many heartbreaking cases where improper storage led to a "halving" of value.

  • Vertical storage is key: The high alcohol content of whisky can corrode corks. If stored horizontally, the liquid contacting the cork can produce off-flavors and even lead to seal failure.
  • Beware of the "fill level" trap: Even if the seal is untouched, long-term exposure to high temperatures and dry environments can cause "evaporation (Angels' Share)." In buyback appraisals, a fill level below the shoulder will be considered a flaw and significantly devalue the item.
  • Retain accessories and outer boxes: For high-end assets like Taketsuru 21 Year Old and 25 Year Old, the absence of the original wooden or paper box can reduce the buyback price by 15% to 25%.

  • VII. In Summary: Don't Let Your Treasures Slumber in the Cabinet

    The Japanese whisky market is transitioning from "" (frenzied speculation) to "" (professional collecting). The evolution of the Taketsuru series labels is a microcosm of this history. If you hold those old labels, or even the legendary "square bottle unicorn," now is the golden age to assess their asset value.

    "Whisky Collectors" specializes in high-end Japanese whisky buyback. We refer to the latest auction records from international auction houses like Sotheby's and Bonhams to provide you with the fairest and most transparent professional service.

    Act now and unlock your liquid wealth!

    Company Name: Whisky CollectorsContact (WhatsApp): (852) 4613 5750(Send a photo of the bottle to receive 24-hour online professional valuation service)

    Professional, trustworthy, confidential – letting every bottle of Taketsuru shine with its rightful value.

    Similar Whisky References

    Want to know the latest market price of your treasured collection? Feel free to WhatsApp us: (852) 46135750. Just send a photo of the bottle to get an initial valuation.


    Leave a comment