This is the 23 year expression from the Pappy Van Winkle 2013 release which is bottled at 47.8% ABV.
Nose: Super sweet wheat and rich vanilla with old oak mixed with a bit of sawdust. Brown sugar and cinnamon round out a very sweet nose.
Palate: Very oak forward, rapidly turning bitter and slightly soapy. The wheat is still present, but the other sweeter notes get buried beneath the oak unfortunately.
Finish: Oak dials down just a bit but still dominant here. Subtle banana bread accompanies the oak lasting quite some time.
Rating: 85/100 – The nose is great as with most of the other PVW expressions, but this one is too overoaked once you get past that.
Value for the money: As anyone who is a bourbon fan knows, PVW is extremely hyped and priced through the roof on the secondary since these bottles are so rare/hard to acquire. The retail for these has been around $250-$300 the last few years, but on the secondary these have crept up to close to $2000 in the past year. As with any of the PVW on the secondary, it is simply not worth anything close to secondary values.