Bottle of luxury Scotch whisky sells for over $2M at auction, breaking records (Macallan 1926)

Fox Business ^ | 11/25/23 | Timothy Nerozzi

[Libloather]

A bottle of Scotch whisky barreled in 1926 and bottled in 1986 sold at auction for over $2 million, shattering records for spirits of its kind.

The bottle of Macallan 1926 sold for a staggering $2.1 million on Saturday, far surpassing organizers' expected selling price.

Sotheby's, the historic auction house that oversaw the sale, originally expected the bottle to sell somewhere between $934,000 and $1.4 million.

At that price point, the whiskey is worth approximately $131,000 per shot.

Only 40 bottles of Macallan 1926 have ever been produced, and they are not for sale. Instead, the 40 luxury bottles of Scotch whisky have been distributed as gifts to clients and top customers of the distillery.

Sotheby's previously sold a bottle of the elusive liquor in 2019, when it was purchased for $1.9 million — a record price held until Saturday.

"The Macallan 1926 has always been recognized as the most sought-after Scotch whisky, as illustrated by the sum of £1.5m ($1.9m) achieved by Sotheby’s in 2019, for the Fine & Rare version, which set a new auction record for any bottle of wine or spirit," the auction house wrote ahead of the auction.

The bottle was the first of its kind to undergo a restoration process overseen by the Macallan distillery in Scotland.

[Chode]

Huifkar blended scotch. It’s good for the shakes.

[Disambiguator]

A five liter plastic jug of whisky?

LOL

[Chode]

It’s good for the shakes.

[NewHampshireDuo]

When I was young (but not too young), if I was sick my father would give me a shot of whiskey at bedtime.

[Paal Gulli]

This is one way "the rich" park their money tax-free. They monetize something by paying 10,000x more for it than it's actually worth. Then 10 years later some other rich guy gives the original investor a 25% profit on his investment, and the beat goes on.

That's how doodles and kindergarten finger paintings like these come to be "worth" tens of millions:

Jackson Pollock's No. 5, $148 million

Mark Rothko's No. 10, $81.9 million

Buy it for a hyper-inflated price and it becomes a tax shelter. Then the art critics (who on the whole lack the talent to create something even this child-like) proclaim it a masterpiece and, Voilà, it is transformed into art.

For that much money you'd think they could go to the effort to think up a catchy title for it, huh?

[William of Barsoom]

I was born & raised in a snooty Connecticut suburb of NYC.

The scotch there flows like a large creek.

Never developed a taste for it, though. (I like bourbon [Maker’s Mark,] and rum, [Jane Barbancourt] and beer — most decent lables.

So what’s a good scotch for a non-scoth lover?
(Yeah, yeah: Crown Royal — but is even THAT one
all that tasty?) Mere high price tag doesn’t impress
me as a good quality indicator, necessarily...

[ccmay]

A five liter plastic jug of whisky?

With an EZ-Pour spout to fill up that empty bottle of MacAllan 18 your brother in law is always sneaking a tug from…

[PerConPat]

Well, I'm part Scotch-Irish; so the extra seven or so bucks a bottle could explain my preference.

[ought-six]

Understandable.

[CodeToad]

This makes EVERYTHING I drink seems cheap and irresponsible. :)

I’ve got a nice bottle of Scotch that is bottle 79 of 100 I am cracking open for a certain special occasion, but it is no where near what some might consider expensive. I drank bottle 34 for a previous special occasion, and it was damned good and worth every penny. I’ve got a sleuth working on another bottle for a future occasion.

[CodeToad]

““Everybody guzzles Jack sometime....””

I had a boss way back in my Air Force days that said Jack was a “sippin’ whiskey.” Of course, if you played that “sippin” in fast forward, there was a lot of guzzlin!

[algore]

I have a bottle of cognac from opening day of Maxim’s de Paris in New York.

not going to open or drink it

looks somewhat like this

[Responsibility2nd]

Oh. Well if you’re not gonna drink it...

Can I have it?

[algore]

Of course, if you are the high bidder whenever or my kids (more likely) sell it at auction

[CtBigPat]

Scottish Whisky Distillery Tour Guide Doesn't Give A F**k

[PerConPat]

👍

[Noumenon]

Looks like transmission fluid.

[Chode]

prolly tastes like it tooo...

[Graybeard58]

I am dumbfounded how ANYONE could disrespect money so much as to make a purchase like that for booze...their are some really stupid humans running around.

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Like my dad told me, “some people have more money than brains.”

[South Dakota]

Everybody guzzles Jack sometime....

Before or after I lick my @$$