The 80-year-old whisky from Glenlivet Distillery was put into an oak cask back in 1940.
A few years ago, the rare whiskey market — and especially the rare Scotch market — went through the roof, peaking at the most expensive bottle ever sold: a famed Macallan 1926 60-Year-Old Scotch selling for just shy of $2 million in 2019. Granted, since the start of the pandemic, the continuing escalation of these records has stopped. Whether that’s due COVID’s economic impact or the market simply maxing out is up for debate. But interest in rare whiskies has continued unabated. And since not every bottle sold can be a 1926 Macallan, sellers looking for a big payday have been focusing on other features that make their whiskies unique.
Since whiskey and aging go hand-in-hand, age is often the big selling point. Over the summer, the “oldest known bottle of whiskey” sold for well above pre-auction estimates — though the age of the bottle has nothing to do with the age of the whiskey inside. And on that note, last year, The Macallan released a 78-year-old whisky, billed as the “longest-aged” Scotch (as in, in the barrel) ever to hit the auction block. But in a different sort of escalating whisky battle, The Macallan can now kiss that record goodbye.
A Macallan-1991 Cask just sold for a world record price at the Bonhams Fine and Rare Whisky Sale
Why buy one bottle of rare whiskey when you could have 202?
At the recent Bonhams Fine and Rare Whisky Sale, it was a Macallan-1991 Cask that caught the eyes of auction attendees, selling for a world-record HK$4,464,000 (that’s a bit over $573,000). As described by the auction house, the Macallan-1991 was distilled in December 1991 and re-racked in 2017 with sherry. The 51.5% ABV hooch will yield around 202 bottles.
“Cask collecting is fast growing as a trend and one which has become a Bonhams speciality,” says Daniel Lam, Bonhams Director of Wine and Spirits, Asia. “In 2019, we set a world record when we sold a Macallan 1989 cask for a per-bottle price of HK$17,103. The cask in this sale has achieved a per-bottle price of HK$22,099 — and a new world record — a very strong increase in just two years.”
Besides casks, Japanese whisky was a hot commodity; the Yamazaki and Karuizawa lots were 100% sold (overall, the auction had an 88% sell-through rate). The Karuizawa distillery has been closed since 2001; the final editions of their whisky will be released later this year and are fueling demand, according to Lam.
Whisky auctions don’t seem to be hitting a peak: Bonhams claims their 2021 sales have already surpassed their 2019 numbers by about HK$13.5 million.
A whisky auction site set up by two brothers from the Speyside area is eyeing global expansion after selling a major stake to an investment group managed out of Hong Kong.
Whisky Hammer was founded in 2016 by brothers Daniel and Craig Milne who are originally from Macduff, Aberdeenshire, close to Speyside, an area renowned for the production of Scotch whisky.
The auction site, and its sister retail business Still Spirit, is poised for expansion after selling a 49 per cent stake of the Scottish family business to Rare Whisky Holdings, a whisky investment group run out of Hong Kong.
The multi-million-pound deal will deliver a 2.6-times return to retail investors on their original investment, who participated in a crowdfunding campaign just two years ago.
The success of Whisky Hammer has been recognised by Rare Whisky Holdings, which is the same management team behind the Platinum Whisky Investment Fund, the first private equity fund in the world to focus on rare single-malt whiskies.
Platinum Whisky Investment Fund launched in 2014, raised $12 million (£8.7m) and is in the final stage of its wind down, exiting at more than $24m in seven years.
When investing in Cask Whisky, you do so with confidence knowing the value will continue to rise until it is time for you to sell.
Buying a bottle of Whisky you love for £30, £150, £300 or more, what if you could buy a Cask? Well, you can now. Store the investment in a UK Bonded Warehouse and sell in ten years when the Whisky has increased in value.
Thanks to the Single Malt Whisky Distillers in Scotland, this is now a reality, and you are closer than ever to owning your Whisky Cask. All you need to do is provide a copy of your passport, proof of your address, pay the invoice, and you are one proud owner of a Cask of Whisky. That is not all; investors are rewarded when buying casks, purchasing four or more, and the customer will buy at a reduced rate.
With Whisky demand skyrocketing over the last decade, it is easy to see why investors are turning their heads to this luxury commodity. Not only that, Scotch Whisky is the pinnacle of all whiskies, the celebrity everyone wants at their party. As world whiskies continue to impress, none have the history or prestige as that of Scotch.
So think of the money you have sat in your bank waiting to buy something, invest it now, and recoup the rewards in ten years when it will be worth more than today.
How much would it be worth, you may ask? Well, that depends on how many you buy, but at 12 to 15% per year, you will undoubtedly be wealthier than you are now.
Connect with us to find out more about Cask Whisky Investment; our details are featured below.
Ever had someone ruin a fine scotch by serving it in a coffee cup? When it comes to whiskey, it’s all in the presentation. We’ve had hyped, renowned spirits disappoint us, and we’ve seen ho-hum bourbons come bursting to life—all because of the glass in which they’re served. So, what are the best whiskey glasses you can buy?
The whiskey experience differs with different types of glasses. We’ve listed 11 of the best whiskey glasses you can buy right now that rank 4.5 or more stars on Amazon.
But first, a few things to consider before choosing the best whiskey glasses for you.
Characteristics of the Best Whiskey Glasses
Appearance – The design and composition of the glass have a strong effect on the whiskey inside it. Look for the overall quality of the glassware, as well as the cup’s physical properties such as weight, girth, and grip. How does it feel in the hand? How does it look on the shelf? All of these characteristics are important in the grand whiskey drinking experience.
Drinkability – Drinkability is the ease of drinking from the glass. It’s dependent on the base weight, wall slope angle, and the diameter of the brim. There’s nothing worse than having to tilt a glass so far that when the whiskey does reach your mouth, it does so in a bomb and goes up your nose. That ain’t fun.
Nosing – Smell and aroma are an essential aspect of the whiskey drinking experience. Some drinkers prefer a narrow mouth, so the liquor’s aroma smacks them right in the nose when the glass is lifted. Others prefer a wider bowl to let their spirit breathe, which allows the ethanol fumes to escape and mellows the whiskey’s overall mouthfeel.
Whiskey drinkers have never had it so good. Over the past decade or so, the number of varieties has exploded, presenting tipplers with a mind-boggling array of options. You can now drink bourbon that’s aged entirely on the ocean, a truly kick-ass rye, or Japanese single malts that beat the Scots in blind taste tests.
All this poses a serious—if highly welcome—dilemma: What the hell should I drink?
Fear not: Men’s Journal is on the case. In addition to putting our own taste buds to work, we recruited 18 top experts from the wide world of whiskey—writers, bartenders, restaurateurs (and in some cases, all three)—who have collectively sampled over 1,000 bottles. Somehow, we narrowed them down to these 50, most of which can be found at any good liquor store and none of which should fail to please.
A Macallan 1926 Fine and Rare 60 Year Old whisky is set to potentially break records in an upcoming sale of one whisky lover’s “Perfection Collection.”
Set to take place from February 12-22 and hosted by whisky auction specialists Whisky Auctioneer, the sale will include over 1,900 bottles of the rarest, most coveted and expensive single malt whiskies in existence. The Macallan 1926 is drawn from cask #263, containing liquid distilled during the height of the Prohibition Era, and is one of 14 in the world adorned with the iconic Fine and Rare label. The headlining label is expected to reach a hammer price of over one million pounds ($1, 373, 315 USD).
Plan is for tidal power firm Nova Innovation to install turbines between the islands of Jura and Islay, which are part of the Inner Hebrides
The waters around Scotland boast a range of interesting projects focused on marine energy.
Whisky distilleries on an archipelago west of mainland Scotland could soon be powered using electricity generated by subsea tidal turbines.
Tidal energy firm Nova Innovation said Wednesday it would install the turbines between the islands of Jura and Islay, which are part of the Inner Hebrides. The move will be another example of how marine energy can play a role in the decarbonization of communities and businesses.
The idea is that the 3 megawatt (MW) “Oran na Mara” project will reduce the islands’ reliance on fossil fuels by sending renewable electricity to the grid.
This electricity will be made available to the whisky distilleries — Islay has nine, while Jura has one — via a direct connection or through the grid.
Crown Estate Scotland, which manages marine, coastal and rural assets, as well as commercial property, has provided Nova Innovation with an Option Agreement for the project, which allows the company to commence development work. If all goes to plan, the project could be up and running by 2022.
The waters around Scotland boast a range of interesting projects focused on marine energy. The archipelago of Orkney, for instance, is home to the European Marine Energy Centre, or EMEC, where wave and tidal energy developers can test and assess their tech in the open sea.
A 72-year-old bottle of Glen Grant single malt whisky from Scotland fetched more than $70,000 at an auction in Hong Kong on Friday. It is the first time that the 1948 Glen Grant whisky, by independent bottler Gordon & MacPhail, was offered in an auction. It is number 88 of 290 decanters bottled by the company and was auctioned off by Bonhams, fetching a price of 421,600 Hong Kong dollars ($70,754) including premium.