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World s oldest Scotch whisky goes up for auction with bids starting at £200,000
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Rare 55-year-old Scots whisky could fetch up to £85k at auction
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Published Thursday, January 28, 2021 4:02PM EST HONG KONG - A 72-year-old bottle of Glen Grant single malt whisky from Scotland is expected to fetch more than $38,000 in an auction in Hong Kong on Friday. It is the first time that the 1948 Glen Grant whisky, by independent bottler Gordon & MacPhail, is being offered in an auction. It is number 88 of 290 decanters bottled by the company, and will be auctioned off by Bonhams with a book estimate of 300,000 to 380,000 Hong Kong dollars ($38,000 to $49,000). Despite the economic uncertainty brought by the pandemic, interest in rare whiskies remains high. Compared to other investment commodities, collectable whisky has done well in the past 10 years with a four-fold increase in prices, said Christopher Pong, wine and whisky specialist at Bonhams.
4th February, 2021 by Alice Liang
At Bonhams’ latest whisky sale, a bottle of Macallan Lalique 50 Year Old sold for HK$1,054,000, while, a 72-year-old whisky bottled by Gordon & MacPhail went under the hammer for HK$421,600.
The whisky sale was held in Hong Kong on 29 January.
The top lot was a classic Macallan Lalique 50 Year Old, which sold for an impressive HK$1,054,000, followed by Macallan Lalique Motor Car 1937 37 Year Old (HK$558,000).
The decanter of Glen Grant 1948 72 Year Old by Gordon & MacPhail was bottled in 2020 and this is the first time it has appeared at auction.
The bottle auctioned last month was numbered 88 of 290. Limited to 290 exclusive units only, the official global release of other bottles is currently scheduled for late March 2021.
It s true, whisky improves with age. The older the bottle, the better is the flavour of its complicated mixture. There is something about water, ethanol, and guaiacol that makes whisky one of the most loved liquors. And the addiction of smoky, spicy, peaty flavour is such that when a bottle of 72-year-old Glen Grant 1948 Single Malt Whisky by independent bottler Gordon & MacPhail went for auction, it fetched more than $54,000 Hong Kong Dollars that is over Rs 39 lakhs.
The beautiful warm amber took the centre stage at Bonhams auction in Hong Kong on January 29 as it is the first time that the 1948 Glen Grant whisky, was offered in an auction. The bottle has all the core values of Gordon & McPhail s and is 88 of the 290 exclusive of decanters bottled. The bottle is also especially auspicious, with the number 88 symbolising wealth in Chinese culture, wrote @bonhamswhiskyandwine on Instragram.
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