We were interested to read an article from the HIConsumption magazine listing the most expensive whiskies ever sold at auction.
The list relates to bottles rather than casks, but of the ten bottles it’s a significant achievement that 6 were from Scottish distiller The Macallan from its 1926 cask of 40 bottles, which means they were produced in an impressively small number.
Of these, 12 bottles had labels created by the artist Peter Blake, another 12 were from artist Valerio Adami, who also did work for Moet & Chandon. Two had no labels, although one of these bottles acquired a hand-painted label designed by artist Michael Dillon.
So, what about the final 12 bottles from this 60-year-old cask? These were given a label of Fine and Rare with one selling in 2019 for a record price of £1,452,000 ($1,769,156).
Here are the auction prices for six bottles from The Macallan distillery:
As you can see from the list, whisky is ‘liquid gold’!
But it’s not just about individual bottles of whisky increasing in value. As the market for whisky is growing every year, due in part to the increasing demand for the drink, whisky casks are providing investors with an attractive avenue for growth.
Whisky cask investment has become increasingly popular in recent years as investors look for alternative assets that offer the potential for high returns. Cask whisky is a physical asset that can be stored and enjoyed, making it a more tangible investment than stocks or bonds.
Whisky casks are particularly attractive to investors due to the fact that they can be stored for long periods of time and their value is not subject to the same volatility as other asset classes.
Cask whisky is a relatively liquid asset; it can be easily sold or traded on a secondary market to other investors at a premium. As a result, whisky casks have become sought-after investments at auctions.
As more and more people discover the unique flavour of Scotch whisky, the demand for it will continue to grow making it an excellent addition to any investor’s portfolio.
Contact us today to learn more about investing in cask whisky.
Riverside Whisky Partners notify all approaching and existing clients to contact us as soon as possible, in order to meet the cut-off dates for completion before the festive period begins.
Contact usRiverside whisky partners offer storage and insurance for the duration of your investment.
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Riverside Whisky Partners, Part of the of Riverside Wealth Group, trading since 2015
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Riverside Whisky Partners is a wholly owned subsidiary of Riverside Wealth Corp and part of the Riverside Group of Companies…
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