Bottle of Scotch whiskey sold for record price of 2.5 million euros
A bottle of Scotch whiskey billed as "the most sought after" in the world sold on Saturday for almost 2.2 million pounds (2.7 million dollars, 2.5 million euros), an auction record for a bottle of wine or liqueur.
The Macallan Adami 1926 was sold at Sotheby's in London, after a bidding war between would-be buyers on the telephone and in the room.
Only 40 bottles of The Macallan 1926 were bottled in 1986 after being aged in sherry casks for 60 years. Twelve of the bottles, including the one sold Saturday, had labels designed by the Italian painter Valerio Adami.
Another bottle from the same cask sold at Sotheby's in 2019 for almost £1.5 million, which until Saturday was a record for wine or spirits.
“Macallan 1926 is the whiskey that every auction house wants to sell and every collector wants to own,” said Jonny Fowle, Sotheby's global head of spirits. The sale is “nothing short of momentous for the whiskey industry as a whole”. ”
The bottle sold on Saturday is the first to have been reconditioned by the distillery ahead of the auction. This included replacing the cap and applying new glue to the corners of the bottle labels, to make the bottle attractive and durable over time.
The final price of £2,187,500 ($2,714,250) includes a fee known as the buyer's premium on top of the £1.75 million selling price. The price far exceeded the pre-sale estimate of between £750,000 and £1.2 million.
Historic and rare whiskey can be an excellent investment, even if in the past there have been several problems linked to the presence of very cleverly falsified bottles. –
And what does a $2.7 million whiskey look like? Kirsteen Campbell, Master Whiskey Maker at Macallan, who smelled the whiskey during reconditioning, said it contains notes of “rich dark fruits, black cherry compote and sticky dates, followed by intense old oak”. In short…. looks good.
“Dark chocolate, molasses, ginger… the notes continue,” he said. “It was a very special moment to experience the opening of this iconic 60 Years Old single malt, first bottled 37 years ago, and I hope the new custodian enjoys the same privilege.”
Thanks to our Telegram channel you can stay updated on the publication of new Economic Scenarios articles.
The article Bottle of Scotch whiskey sold for record price of 2.5 million euros comes from Scenari Economici .
This is a machine translation of a post published on Scenari Economici at the URL https://scenarieconomici.it/bottiglia-di-whisky-scozzese-venduta-la-prezzo-record-di-25-milioni-di-euro/ on Sun, 19 Nov 2023 09:00:55 +0000.