The alternative investment trend in rare and collectible whisky is becoming increasingly attractive and rising, with Scotland’s saleroom (Sotheby’s) having opened the bidding board. On October 10th, the final selling prices will be “locked in” for the first major auction in Edinburgh, with several top brands competing for the star lot position and many investors coming from Europe and Asia.
Read: Rare whisky: The new Wall Street for investors and collectors
Sought-after whiskies drive up bidding at Sotheby’s auction house
Currently, the bidding stands at £22,000 (€35,300) for a rare 1.5-liter Kandoblanc Dragon in Clouds bottle that is changing hands and is expected to enter the golden five. This is one of the most sought-after whiskies, as it is bottled in a handcrafted Murano glass decanter, while containing an extremely rare 60-year-old Speyside single malt. Inspired by Japanese aesthetics and culture, the auction house experts estimate that its final price could climb to £100,000 (€115,000).
This particular sale brings together the rarest samples from the finest whiskies on the market, and the proceeds will go toward supporting The Distillers’ Charity and specifically the Youth Action Fund.
An impressive Glenlivet SPIRA 60-year-old bottle is also expected to attract considerable bids, being one of the oldest from this particular brand. Aged for six decades in a single, unique barrel, it is being auctioned in the impressive 1.5-liter Spira decanter. As those well-versed in the whisky market know, the design of this particular decanter is inspired by the spiral shape of the vapors rising from the River Livet. At this moment, the bidding is approaching £40,000, while Sotheby’s experts don’t rule out it could exceed even £100,000.
