I decided that tonight is the night I am going to figure out a bourbon rumor, namely that Hancock's (giggity) President's Reserve is lower priced overstock Blanton's quietly released by Buffalo Trace to keep Blanton's scarce, and that you could hypothetically get Blanton's on the cheap.
Before I even get into the the taste comp I need to note a couple of things that are fundamental to my bourbon life.
1. Base Blanton's is good not great. It is by far the most overrated bourbon in the world. It is fundamentally a $40 bourbon at best who's great marketing and scarcity management has propelled it into a desirable thing. It is the epitome of what people who know nothing about bourbon desire. Again, it's not bad, but it's not special in any way. If you blind pour it into a glass next to base $35 Eagle Rare most people would chose the ER. People who really know bourbon won't pay for it. People who don't know bourbon gift it to me, and I regift it to people who know nothing about bourbon cause it makes them feel happy and special.
2. The Hancock (gigitty) as a secret Blanton's isn't a thing any more. First of all it's actually harder to find than Blanton's, and it trades at even more $ than Blanton's. So even if they were the identical product for all intents and purposes the Blanton's is now the cheaper one of the two. This is funny, because this price inversion isn't based on substance, it's purely based on rumor, and the fact that the thing that's supposed to copy the other thing is more expensive than the thing it's copying is a clue as to the absurdity of the market.
Aaaaaaall of that said, they are not the same thing. The Hancock (giggity) is much better. It is sweeter, deeper, more complex. If the liquid was in a Blanton's bottle it would really be worth $100. Is it worth more than $100? I'm not sure. But if you run into a bottle for around that price or less I would recommend you pick it up. Your friends won't be impressed with the label, but YOU will not regret it.