Scotch is good and all, but $18,000 good. Hmmmm. Perhaps I am just too much of an enjoyer of Scotch to see it as a “long-term investment”. Most scotch with me is a “short term investment”…but don’t you know I will go home tonight and check the date on my Macallan and Glenfiddich and pretend I’m rich in scotch….
50-Year-Old Scotch Whisky Sells for Record $18K
(The Times of London) – A New York buyer paid a record £12,350 ($18,650) for a 50-year-old bottle of Macallan whisky at the world’s biggest whisky sale in Glasgow, The (London) Times reported Thursday.
It was one of more than 700 lots in McTear’s Rare and Collectable whisky auction, which also saw a 50-year-old Glenfiddich sell for £10,600 ($15,954). The most expensive bottle of 50-year-old Macallan on record was sold to an anonymous New York man who beat out rival bidders over the telephone.
“There is no doubt that whisky continues to hold its own as a long-term investment opportunity,” said Andy Bell, McTear’s whisky specialist, “with good examples of the big five distilleries — Macallan, Bowmore, Highland Park, Springbank and Ardbeg — showing the biggest increases over the past few years.”