My liquor store carries two bourbons that are bottled in bond: Old Grand-Dad and Old Fitzgerald. They are both solid whiskeys. Smooth, but not mellow. At 50% alcohol, you wouldn't expect these to be "mellow" whiskeys. OGD has a very strong flavor with hits of an almost almond nut flavor. Old Fitzy also has a strong flavor, though I am at a lack of words to describe it in comparison to OGD or other whiskeys.
These also have some of the most interesting labels of any whiskey. OGD has a nuclear orange color with bright gold lettering proclaiming "Bonded". A seal of quality to octogenarians perhaps? An amusing anachronistic label, equaled by its counterpart Old Fitzy. Ole' Fitzy has so much verbiage on the label it is mesmerizing. It has a seal proclaiming "Old fashioned but still in style" and on the back "Your key to hospitality". It also lists a brief history of the brand and tasting notes. I can stare at that thing and get lost on the labeling, which apparently hasn't changed since the Kennedy administration.
I should have pictures up for you shortly.
So which one is better? Hard to say, really. They are similar in character, with OGD having a stronger aftertaste and that nut flavor. I'll do a head to head comparison and give the results. Either way, they are both solid value whiskeys. Smooth and hangover free, fascinating labeling, and definitely a conversation piece for guests having a pour for the first time.