The retail price is the price only those on the AWRS (who have a personal and premises license) can achieve. The open market price (which we will use in this article) is the price bottles regularly make at auction, and the price you can get for your bottle. This means there are two prices for any bottle of whisky. All of the normal routes to market, including eBay, are off limits. However, as alcohol is licensed there is no way you (the public) can list your bottle privately and undercut the retailers. If the price you ask is less than others are asking (one such figure sold in December for £9,999) you can be relatively sure your item will sell first (assuming condition is equal). As a result the big retailers have a monopoly.įor instance, if you have a rare Star Wars “Yak Face” figure from the 1980s you can list the figure on eBay.
Macallan whiskey 1963 registration#
In order to sell alcohol you need to be on the Alcohol Wholesale Registration Scheme (AWRS) and if you want to advertise alcohol for sale, or retail it to the public, you need a personal and a premises licence. The main difference between a bottle of whisky and any other collector’s item is the way in which the whisky market is regulated. However, before we do, there are a few important considerations to bear in mind. UK auctions are dominated by bottles in the £500-£5,000 bracket and it is these bottles that we will look at more closely. Needless to say these sales represent the top of the Macallan market. Sold by Sotheby’s in Hong Kong, the sale price was in excess of £460,000. It took Lalique 40 attempts to create the 70cm high bottle, with the finished version taking more than 50 hours to complete. By far the most expensive bottle of Macallan ever sold at auction was a six-litre bottle of Macallan M.The sale price of £360,000 makes the Spink cask seem like a bargain. The set comprised of six bottles (each made by Lalique) containing whisky aged 50, 55, 57, 60, 62 and 65 years. In late 2017 Bonhams sold a complete set of Macallan in its “Lalique Six Pillars Collection” for £360,000.
This may seem like a high figure, but it was for a cask which contained hundreds of bottles of whisky. In October 2017 Spink (Hong Kong) sold a single cask of Macallan, distilled in 1987, for £285,000.So just how expensive and sought after is Macallan?
Its subsequent bottlings of 50 and 60-year-old Macallan in Lalique decanters, and the ultra-exclusive ‘Fine & Rare’ range firmly placed Macallan at the top of all whisky collectors’ wish lists. The whisky wish listĪlways wanting to be one step ahead of the game, Macallan saw an opportunity to establish itself as a leader in the luxury whisky market. Such is their demand, Macallan now makes casks from Spanish oak and lends them to sherry producers so they can have a reliable supply. Their whisky is matured almost exclusively in ex-Oloroso sherry casks, which are both expensive and scarce. Whisky and sherryįollowing this change in direction, Macallan strived to become the Fabergé (to use an antique analogy) of the whisky world. Following a slowdown of the blended whisky market in the 1980s, Macallan began to focus on single malt products.
In fact, the first single malt whisky was not marketed to the English until 1963. Demand for Collecting Macallan whiskyĪlthough the market today is dominated by single malt whisky, blended whisky was once considered to be the more important product. The distillery was established in 1824 and, throughout the 19th and 20th centuries, was an important distillery for the production of blended malt whisky. There can be no doubt that the most sought-after whisky on the market is made by the Macallan distillery. With the price of one bottle of Scotch rising more than 8,000 percent in just over 21 years, your next best “find” could come from your drinks cabinet, says expert Mark Littler. While the last 20 years has seen the fine whisky market begin to mature, collecting Macallan whisky has been at the forefront of demand.
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