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Old Elk Bourbon Price Guide (2024 Best Edition)

old elk buying guide

Last Updated on April 4, 2024 by Lydia Martin

Old Elk bourbon has won multiple gold awards from different prestigious award-giving bodies in the spirits world.

It has a pretty unique production process than a typical bourbon because it has a higher proportion of malted barley and undergoes a slower proofing process. 

Today, let’s go over the Old Elk bourbon price and some interesting facts about this unique bourbon whiskey. Read on. 

What’s Old Elk Bourbon?

Old Elk Bourbon

Old Elk bourbon is not a sourced whiskey. The liquid Old Elk obtained from MGP was created by Master Distiller Greg Metze as a custom mash bill for the brand when he was a master distiller at MGP. Greg eventually left MGP to join Old Elk. 

Old Elk was founded in 2013 by Curt Richardson, and with the help of the former Master Distiller of MGP, their expressions are widely accepted today.

The bourbon whiskey contains four times more malted barley than a standard bourbon whiskey for a lighter and sweet flavor profile.

Also, Old Elk uses slow-cut proofing to add richness and smoothness to the character of their bourbon whiskey. 

Today, Old Elk continues to contract MGP for custom mash bills. However, they do not purchase a standard product from MGP and label it as their own.

Key Facts

Key Facts

History & Origin

Old Elk was founded in 2013 by entrepreneur Curt Richardson, who decided to try craft distilling. To begin with, Richardson and his team do not have prior experience with the distillation process, so they started with a few stills for small production. 

The brand pays homage to Fort Collins’ history between 1896 and 1969, wherein Northern Colorado prohibited the distribution and sale of alcohol. 

How It’s Made

Old Elk with glass

Old Elk bourbon transcends tradition by using a slow-cut proofing process in bottling proof, wherein the proofing process takes several weeks instead of the conventional one to two days. 

Aging Process & Age Statement

The age statement of the bourbon whiskey is the youngest whiskey blended in the bottle at the time of bottling [1]. By law, any bourbon younger than four years is required to bear an age statement. 

For Old Elk bourbons, the age statement can be seen on the back label. Based on their official website, they mature their straight bourbon whiskeys for at least four years, while the wheated bourbon is aged for five years. 

Also, since it is a bourbon whiskey, it should be aged in new charred oak barrels [2]. 

Mash Bill & Alcohol Content

Rye Grains

The Old Elk Blended Straight Bourbon contains higher malted barley than a typical bourbon, and its mash bill content is as follows: 51% corn, 34% malted barley, and 15% rye. Also, it contains 44% ABV or 88 proof. 

On the other hand, the Straight Wheated bourbon whiskey contains 51% corn, 45% wheat, and 4% malted barley. The wheated bourbon contains 46% ABV or 92 proof. 

Ownership & Distillery

Old Elk is owned and founded by Curt Richardson, and he is also the Founder of Otter Products and Co-Founder of Blue Ocean Enterprises, Inc.

The Old Elk Distillery is Fort Collins-based and works as a production facility. 

Currently, Old Elk is teamed up with Midwest Grain Products (MGP) in Indiana, Woody Creek in Basalt, Colorado, and an unnamed distiller in New York. 

Old Elk Bourbon Variants

Old Elk Bourbon Variants

Blended Straight Bourbon

The Old Elk Blended Straight bourbon contains high malted barley on its mash bill, four times more than the traditional bourbon.

It is aged five years in new charred oak barrels and has a rich flavor and bourbon character from rye, malted barley, and corn. 

Straight Wheated Bourbon

Old Elk Straight Wheated Bourbon

The Old Elk Straight Wheated bourbon has a well-balanced flavor profile because of its rich wheat mash bill recipe. It is aged for at least five years in new charred oak barrels for a smooth, layered, sweet whiskey

Tasting Notes 

Tasting Notes 

  • PalateAlmond, deep wood, coconut, maple syrup, raw bran, and chocolate
  • Color/HueGolden to dark amber
  • NoseSweet vanilla, clove spice, slight maple, caramel, and nutty almond
  • FinishSmooth, rich, long-lasting, and lingering finish

Common Old Elk Bourbon Price

Common Old Elk Bourbon Price

Type Size Alcohol By Volume Average Price
Old Elk Blended Straight Bourbon  750 ml 44% Around $52.99
Old Elk Straight Wheated Bourbon 750 ml 46% Around $69.99

*Average prices are based on Drizly. Prices may vary in local liquor shops.

Compared to Other Bourbons

Compared to Other Bourbons

Weller Bourbon

Weller Bourbon

If you are looking for a cheaper alternative for Old Elk Wheated bourbon, you can try the Weller bourbon by W.L. Weller. For around $59.99 in Drizly online, you can taste Weller bourbon’s exceptionally smooth, sweet, and rich flavor profile. 

Maker’s Mark Bourbon

Maker’s Mark can be your go-to choice if you want a budget-friendly wheat bourbon. For approximately $31.99 in Drizly online, you can taste the less-spicy bourbon that is cheaper than Old Elk. 

Larceny Bourbon

Larceny Bourbon is the cheapest wheated bourbon compared to the two bottles above. A 750ml Larceny bourbon is shy of $29, almost twice the price of one Old Elk.

It has a smooth and hard-to-resist taste because it uses wheat instead of rye on its mash bill. 

Also Read: Sweetens Cove Bourbon Guide

Popular Old Elk Bourbon Cocktail Recipe

Popular Old Elk Bourbon Cocktail Recipe

Whiskey Sour

Prep Time: 5 mins

Total Time: 5 mins


  • 2 oz Old Elk bourbon
  • 0.75 oz simple syrup
  • 1 egg white
  • 1 oz lemon juice
  • Edible flower and angostura bitters (garnish)


In a cocktail shaker without ice, mix all the ingredients and dry shake. Strain in a cocktail glass and top it off with bitters and flowers. 

Serving: 1

Frequently Asked Questions (FAQs)

Who makes Old Elk bourbon?

Old Elk bourbon is crafted by Old Elk Distillery, situated in the picturesque city of Fort Collins, Colorado, USA. This distillery is the brainchild of Curt and Nancy Richardson, the entrepreneurial duo behind OtterBox, renowned for their innovative protective cases for mobile devices.

Embracing a philosophy rooted in quality and innovation, Old Elk Distillery combines traditional whiskey-making techniques with modern approaches to create their signature bourbon and other esteemed spirits.

What is craft bourbon and what sets it apart?

Craft bourbon embodies the essence of artisanal whiskey production, emanating from small-scale, independent distilleries. These establishments prioritize time-honored methods, premium ingredients, and hands-on craftsmanship to distill bourbon with distinct character and flavor. Unlike larger facilities focused on mass production, craft distilleries emphasize small-batch production, allowing for meticulous attention to detail and a greater degree of control over the whiskey-making process.

Craft bourbon distillers are known for their willingness to experiment, often exploring unique mash bills, aging techniques, and barrel finishes to push the boundaries of traditional bourbon craftsmanship. They may source local grains and employ traditional equipment, fostering a connection to the land and community while imbuing their bourbon with regional nuances.

While the term “craft bourbon” lacks a standardized definition, it evokes notions of authenticity, innovation, and a commitment to quality over quantity. Enthusiasts value craft bourbon for its individuality, often seeking out limited-edition releases and one-of-a-kind expressions that showcase the artistry and creativity of small-batch distillers.

What is cigar cut bourbon?

“Cigar cut bourbon” is not a standard term in the world of whiskey. However, it could potentially refer to a bourbon that is specifically intended to complement the flavors of a cigar when enjoyed together.

Pairing bourbon with cigars is a popular practice among enthusiasts, as the complex flavors of the whiskey can enhance the smoking experience and vice versa. When selecting a bourbon to enjoy with a cigar, many people look for a whiskey with bold, rich flavors that can stand up to the intensity of the cigar smoke.

Some bourbons are marketed as ideal companions for cigars, featuring robust flavor profiles with notes of caramel, vanilla, oak, and spice. These bourbons may be aged for longer periods or finished in specialty barrels to impart additional depth and complexity to the whiskey.

Ultimately, the term “cigar cut bourbon” may be used colloquially to describe any bourbon that pairs well with cigars, regardless of whether it has been specifically marketed or labeled as such by the distillery. As with any whiskey pairing, the best bourbon to enjoy with a cigar is ultimately a matter of personal preference and individual taste.

Who is Greg Metze?

Greg Metze is a highly respected figure in the world of whiskey, particularly known for his expertise in bourbon and American whiskey production. He has served as a master distiller and consultant for several prominent distilleries throughout his career, contributing to the creation of numerous award-winning spirits.

Metze gained widespread recognition during his tenure at MGP Ingredients, a distillery based in Lawrenceburg, Indiana. During his time at MGP, he played a pivotal role in developing and refining the distillery’s bourbon and rye whiskey recipes, earning acclaim for his skill and dedication to the craft.

Metze’s extensive knowledge and experience have made him a sought-after consultant in the whiskey industry, where he advises distilleries on various aspects of production, from recipe formulation to barrel aging techniques. His contributions have helped shape the landscape of American whiskey and earned him a well-deserved reputation as a master of his craft.

How long is bourbon good once opened?

Once a bottle of bourbon is opened, its shelf life can vary depending on factors such as storage conditions, exposure to air, and the alcohol content of the whiskey. Generally, bourbon can remain good for several years after opening if stored properly.

To maximize the shelf life of opened bourbon:

Store in a cool, dark place: Exposure to heat and sunlight can accelerate the oxidation process and degrade the quality of the whiskey. Keep the bottle away from direct sunlight and fluctuations in temperature.

Seal the bottle tightly: Ensure the bottle is securely sealed after each use to minimize exposure to air, which can cause the whiskey to lose its flavor and aroma over time.

Consider decanting: Transferring bourbon to a smaller, airtight container can reduce the amount of air in contact with the whiskey, prolonging its freshness.

Monitor for changes: Over time, opened bourbon may undergo subtle changes in flavor and aroma as it interacts with oxygen. Taste the whiskey periodically to assess its quality and drinkability.

While there is no definitive expiration date for opened bourbon, most enthusiasts agree that the whiskey is best consumed within one to two years of opening for optimal flavor and enjoyment. However, many bourbons can remain drinkable for several years beyond this timeframe if stored properly.

Where does Old Elk source from?

Old Elk Distillery sources its ingredients from various regions known for their high-quality grains, water, and other essential elements of whiskey production. The distillery is committed to using only the finest ingredients, which contribute to the exceptional quality and flavor of its bourbon and other spirits.

Specifically, Old Elk Distillery selects grains from reputable suppliers who adhere to strict quality standards and sustainable farming practices. These grains are carefully chosen for their flavor profile, ensuring they impart the desired characteristics to the final product.

While Old Elk Distillery is based in Fort Collins, Colorado, its commitment to sourcing the best possible ingredients extends beyond state lines. By sourcing from reputable suppliers across different regions, Old Elk Distillery ensures consistency and excellence in its whiskey-making process, resulting in spirits of exceptional quality and character.

Why is bourbon so expensive?

Several factors contribute to the pricing of bourbon, leading to a wide range of prices for different brands and expressions:

Production Costs: Bourbon production involves numerous expenses, including sourcing high-quality grains, distillation, aging in charred oak barrels, storage, and bottling. These costs can vary depending on factors such as the quality of ingredients, aging duration, and production scale.

Aging Process: Bourbon must be aged in new charred oak barrels, which are a significant expense for distilleries. Longer aging periods result in increased evaporation (known as the “angel’s share”) and greater investment in storage space and inventory management.

Limited Availability: Some bourbons are produced in small batches or limited quantities, leading to higher prices due to their rarity and exclusivity. Limited edition releases, single barrels, and special blends often command premium prices among enthusiasts and collectors.

Brand Prestige: Established bourbon brands with a strong reputation for quality and craftsmanship may charge higher prices based on brand loyalty, perceived value, and marketing efforts. Premium packaging, unique bottle designs, and marketing campaigns can also influence pricing.

Market Demand: High demand for certain bourbons, fueled by consumer trends, critical acclaim, or celebrity endorsements, can drive up prices through supply and demand dynamics. Limited availability and scarcity can lead to increased competition among buyers, resulting in higher prices at retail and auction.

Overall, the combination of production costs, aging requirements, limited availability, brand prestige, and market demand contributes to the pricing of bourbon, making it a diverse and dynamic category with options available at various price points.

Is Jack Daniel’s a bourbon?

While Jack Daniel’s is often associated with bourbon, it is technically classified as Tennessee whiskey. Tennessee whiskey shares many similarities with bourbon, including being made primarily from corn, aged in new charred oak barrels, and distilled to a specific proof.

However, Tennessee whiskey undergoes an additional step known as the Lincoln County Process, where the whiskey is filtered through charcoal before aging.

The charcoal mellowing process imparts a distinctive smoothness to Tennessee whiskey, distinguishing it from traditional bourbon. While Jack Daniel’s shares many characteristics with bourbon, its unique production process places it in a separate category under American whiskey regulations.

Is bourbon better than whiskey?

The comparison between bourbon and whiskey is subjective and largely depends on personal preferences and taste preferences. Both bourbon and whiskey offer a wide range of flavors, styles, and expressions, each with its own unique characteristics and qualities.

Bourbon is a type of whiskey specifically made in the United States, primarily from corn and aged in new charred oak barrels. It is known for its rich, sweet flavor profile, with notes of caramel, vanilla, and oak, along with a smooth and mellow finish. Bourbon enthusiasts appreciate its versatility, depth of flavor, and historical significance as a quintessential American spirit.

Whiskey, on the other hand, is a broader category of distilled spirits made from fermented grains and aged in wooden barrels. It encompasses various styles and traditions from around the world, including Scotch whisky, Irish whiskey, Canadian whisky, and Japanese whisky, each with its own unique production methods and flavor profiles.

Whether bourbon is “better” than whiskey is ultimately a matter of personal preference. Some people may prefer the bold and robust flavors of bourbon, while others may gravitate towards the complexity and nuance of other whiskey styles. Exploring different brands and expressions within both categories can help individuals discover their own preferences and appreciation for the diverse world of whiskey.

Final Thoughts

Old Elk bourbon is a great bourbon whiskey with a smooth and great flavor profile. For around $52.99, you can enjoy and taste the unique flavor profile of Old Elk bourbon. 

The exceptional slow-cut proofing process separates the bourbon from the rest of the traditionally made whiskey on the market today. The high malted barley content on the bourbon makes the whiskey more remarkable. 


  1. What a Whiskey’s Age Statement Really Means
  2. 5 rules that make it bourbon
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