Christie’s International Director of Wine Tim Triptree MW enthuses over a hand-painted bottle of The Macallan that spent six decades in an ex-sherry oak cask, and which is expected to set a new world auction record in London in NovemberRead More
A bottle of Scotch whisky fetched £848,000, or $1.1 million USD, at an auction on Wednesday smashing the world record.
Distilled in 1926 and bottled in 1986, The Macallan Valerio Adami 1926 60-year-old, referred to as “The Holy Grail of whisky,” was auctioned by Bonhams in Edinburgh.
What stands out with this bottle is the label’s artwork and the limited number produced. At the time, renowned pop artists Valerio Adami and Peter Blake were commissioned by Macallan to design labels for 24 bottles, with each artist contributing to 12 bottles. Adami, now 83, is an Italian painter best known for his bold and colorful imagery outlined by black lines.
It’s unclear how many of those Macallan bottles are still in existence, but they’ve made headlines at other auctions.
In May, a bottle of The Macallan Valerio Adami 1926 sold for £814,081, or $1.05 million USD, which was the world record at the time. At that same auction, a bottle of The Macallan Peter Blake 1926 sold for £751,703, or about $976,000 USD.
“Its exceptional rarity and quality puts it in a league of its own, and the world’s most serious whisky collectors will wait patiently for many years for a bottle to come onto the market,” Bonhams Whisky specialist Martin Green said in a statement ahead of the auction.
High net-worth investors have earned returns on investing in collectibles. Wealthy investors make so-called “passion investments” in things like fine wine, classic cars, musical instruments, rare books, jewelry, collectible stamps, gold, silver, gemstones, and other treasure assets.
According to a recent report from Credit Suisse, ultra high net worth individuals on average have about 6% of their assets in these collectibles. And it turns out collectibles such as art, wine, and musical instruments have outperformed more traditional assets like cash and government bonds. The authors of the Credit Suisse report looked at collectibles with 118 years of data.
Of the collectibles that had 118 years of data, the report found that wine was the best performer, with an inflation-adjusted price appreciation of 3.7% per year.
Original Post: Yahoo Finance
This fall, The Macallan, is launching a new immersive event series, The Macallan Manor, reinventing whisky tasting through a stunning, multi-sensorial experience. The event series embarks on a three-month tour across nine major U.S. cities starting in New York and concluding in Los Angeles in November.
Designed to surprise and delight, The Macallan Manor transforms historic, old-world manors into luxury, first-class tasting experiences, blending the sensorial with storytelling and converting new consumers to Scotch whisky fans.
Guests will journey through four immersive worlds, each a unique experience created around one of The Macallan’s whisky expressions, pairing set design with storytelling and multi-sensory experiments to delve into each of the five senses.
Attendees of The Macallan Manor can expect one-of-a-kind immersive tastings taking place in unexpected locations such as an oak forest with flavor-enhancing flowers imported from the Amazonian rainforest, or a cooperage in Spain. Additionally, guests can expect an innovative food menu, featuring edible clouds for starters – masterfully paired with The Macallan and designed to stimulate and intensify an already premium whisky-tasting experience.
September 20, September 21
The Algonquin Club
September 26, September 27
October 2, October 3
Texas Federation of Women’s Clubs
October 11, October 12
October 17, October 18
International Museum of Surgical Science
October 23, October 24
Arts Club of Washington
October 30, October 31
Callanwolde Fine Arts Center
November 6, November 7, November 8
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The Macallan Sherry Oak 40 Years Old - 2017 Release is a new limited edition single malt which marks the pinnacle of the Sherry Oak range. This is the third non-vintage release of a 40 years old expression from The Macallan.
This rare single malt was matured for 40 years in an intriguing combination of three different types of sherry-seasoned cask to create its distinctive style - complex, with a natural deep copper colour, and rich and intense character defined by dried fruits, ginger, wood spice and cinnamon.
This highly collectable release of only 465 bottles is available from December 2017 in select locations worldwide including the Americas, Asia Pacific, Europe, Middle East and Africa; as well as exclusive airport retail stores and The Macallan Distillery. A small number of bottles will also be available through The Macallan Online Shop in 2018 with delivery to selected countries.