The Scotch whisky industry has undergone a renaissance over the last decade. Demand for high quality aged whisky is far outstripping supply and such is the thirst for quality aged spirit, record auction prices are being paid for both bottles and casks. The iconic Bowmore Black first edition was released in 1993 for £80 and twenty-five years on is worth £20,000.
It is not just rare collectors editions that have seen significant rises. Many bottles sitting at the at the back of the drinks cabinet are now highly sought after. A Macallan 12 year old from the 1990s is now worth over £300. In fact, for those lucky enough to have bought a cask of Macallan in the 1990s, they are now being exchanged for £50,000 to £250,000.
So why the renaissance if not revolution?
The whisky brand has grown due to a reputation for quality and exclusivity in both established and emerging markets leading to significant pressure on global inventories. At the top of the market, drinkers are paying more for the sensory experience of rare and complex malts, fine drams that have the ability to conjure up distant memories already half-forgotten from the kaleidoscope of aromas emanating from the glass.
Building whisky collections has also seen a rise in popularity, supported by an industry that has increasingly released limited edition whiskies geared to collectors and an age of ecommerce that no longer limits collectors to their own locality. For investors, market conditions have led to significant gains and made the whisky category a highly attractive alternative investment.
Our specialist Whisky department offers clients both opportunities to acquire fine and rare whiskies and to realise the value of their collections in buoyant market conditions. Our specialist team have extensive market experience enabling them to offer current market advice, valuations and auction opportunities for both bottles and casks across the UK.
To find out more about selling at auction contact our specialists today for a free valuation or come along to a drop-in valuation event:
Colin Fraser/ Olivia Ross | 0131 557 8844 | firstname.lastname@example.org
THE MACALLAN FINE AND RARE 1971 30 YEAR OLD
Matured in sherry cask number 7556
Sold for £11,500 in total
WHITE BOWMORE 1964 43 YEAR OLD
bottles number 171 & 172 of 732, bottled in 2008
Sold for £27,600 in total