Remove the stick of butter from the freezer, and grate promptly into a mixing bowl.
Add the self-rising flour and spices to the bowl and combine using a large fork or pastry cutter until the mixture reaches a coarse crumb or pea size texture.
Add the sour cream, cheddar cheese, chives, and scallions to the bowl and combine all ingredients to form a dough texture.
On a flat, clean surface sprinkle flour on your working area to create the dough into disc size biscuits. Form the dough into a rectangular shape and fold the dough approximately ten times to create fluffy layers.
Form each biscuit using a biscuit cutter or circular mug (do not twist the cutter off of the dough), use additional flour on the cutter to easily transfer.
Grease a small cast iron skillet with butter and scoop approximately two tablespoons of butter into the skillet. Preheat the oven to 450 degrees and place the skillet on the middle rack to allow the butter to melt for approximately one minute.
Place each biscuit in the buttered skillet (close together to help the rise) and bake on the middle rack for approximately 18-20 minutes.
In a microwave safe bowl or mug, combine old bay, butter, and honey. Melt in the microwave for 30 seconds and mix together.
Check the biscuits at the 12 minute mark, brush the top of the biscuits with the old bay honey butter and finish baking until golden.
Serve the biscuits while warm and enjoy!