Posted on 10/26/2019 4:55:02 AM PDT by dynachrome
The Macallan 1926 60-year-old single malt from cask number 263 had been estimated to sell for between £350,000 and £450,000.
Sotheby's, which held the auction, did not release the identity of the buyer.
The previous auction record for a single bottle of Scotch was £1.2m, set by another bottle from the same cask in November last year.
Sotheby's described The Macallan 1926 from cask number 263 as the "holy grail" of whisky.
Iconic bottles The cask, which was distilled in 1926 and bottled in 1986, produced only 40 bottles.
The bottle featured at the auction as part of what Sotheby's termed the "ultimate whisky collection".
The entire collection of 467 bottles in 394 lots sold for £7,635,619 - about double the pre-auction estimate.
(Excerpt) Read more at bbc.com ...
Wouldn’t surprise me if they were Japanese. And they may find a way to expense it. That’s discretionary spending, for some folks. I can only take comfort that it probably pisses off the likes of BS and Lizzie Warren.
I have a bottle of pre-war Pinch (Haig and Haig). Also a bottle of Red Hackle. Both unopened.
If Trump completes his 2nd term, I may have to celebrate.
Good base for some Rusty Nails ,LOL
I was just going to say crack that bottle open when Trump beats the crap out of anyone who makes the Rat nomination. You beat me to it. That’s ok.
1) It was aged for 60 years in a barrel
2) Only 40 bottles were produced
3) This is one of the 40
4) The last time one of these 40 were sold, it fetched 1.2 million pounds.
It’s a rarity thing and a damn good investment.
………………..
Oh, I get it. I was responding to the nature of aged wine purchases vs hard liquor.
The value perceived in this transaction is based on scarcity. This one turned out to be a good investment for the guy who bought it before. Greater fool theory, imho.
Good “investment” stories like this make the news because they are so unusual (Look! This bottle is worth 1.2m pounds to this guy!).
I have a pretty extensive wine cellar that gives me pleasure. I like buying wine, aging it so it goes up in value (to me and the market), and drinking it whenever I want. I love the large selection and fetching a twenty year old bottle whenever I feel like it.
I’ll never sell them. I drink the profit.
Not so with whisky (although I like that too. ;)
I wouldn’t pay that much for a *house*...let alone a bottle of Scotch.
I always knew that Scotty was a *mean* drunk.
Yea i love bourbon but hate scotch.
Buddy once bought me a $50 shot of scotch once i told him NO but he insisted.
I must admit that it was smoooth but still....it tasted like scotch.
Would rather a nice house on the FL Intracoastal with a pool and hot tub on the back deck along with my Sea Ray
Sundancer parked at the dock...
That’s probably a little more than 1.5 mil but you get the picture.
I'll bet it's better than the theory of how good scotch should taste. I get the Macallen 17 fine oak for sipping occasionally. One bottle lasts me about 2-5 years. It's so smooth it's like transcending into a higher plane. I tried some commemorative 25 year Macallen, one sip became 20 minutes of reflection.
The rarity of the Macallan 1926 is due to its ageing in the cask for sixty years before bottling. It is not at all clear that most whiskey drinkers would regard the resulting taste as superior.
“Would rather a nice house on the FL Intracoastal with a pool and hot tub on the back deck along with my Sea Ray”
To this guy 1.5 mil is like a five note to us.
Nay, 'tis the bonny wine of the Hielands!
Aye, but it went well with haggis!
I’m sorry, but I don’t get it. Whisky is not to be bought as an investment. It is to be drunk, preferably with some people who appreciate the finer things of life....like a massively good whisky.
I’ve often wondered why whiskey makers don’t bottle new scotch or bourbon with a small dowel of oak in the bottle.
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