New Year but same high prices

23/01/2018     Whisky

The first Rare & Collectable Whisky Auction of 2018 was an auction of 130 high-quality lots. The £500 average hammer price proving that quality is often more important than quantity.

For the fifth auction in a row Black Bowmore attracted plenty of interest, and despite a low fill level and damage to the capsule this iconic bottle sold for an impressive £7500. The Bowmore 1971 in Lot 1003 also performed well, exceeding the high estimate figure and selling for £2000. Fellow Islay heavyweight Laphroaig also saw a few knockout results, with the 1960 vintage achieving a hammer price of £3200 and the 10-Year-Old ‘Pre-Royal Warrant’ bottling selling for £1600.

 

Image of lots 1003 and 1047

 

McTear’s were delighted to feature an entire set of the Queen’s Silver Jubilee bottlings in Lots 1054-1060, with the highlight being the Macallan which more than doubled its high estimate, selling to a lucky Russian bidder for £950. Interestingly, the surge in value of Macallan Anniversary Malts seems to have cooled, with one lot dropping below the £2000 mark for only the second time in over a year. If this is a temporary blip before an inevitable further increase in value, could this be an opportunity for investors?

 

Click here to view the auction results >> 

 

McTear’s are now accepting entries for the 2 March Rare & Collectable Whisky Auction. For more information please view the website >>

  

McTear’s sells more whisky than any other traditional auction house in the dedicated whisky auctions that take place monthly, run concurrently live online on a platform that attracts six million visitors annually from over 120 countries worldwide.

 

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