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Investing in Whisky is Hot!
By Vincent | December 12, 2007
No my friends, it wasn’t me (I wish it was though;)).
A while back I wrote two articles about investing in Whiskey or Wine and an article about investing in time by buying a quality watch. In the article about investing in time I wrote that you could find great and valuable deals at Sotheby’s and Christie’s. This weekend I ran into this press release with the following headlines.
RAISE YOUR SPIRITS THIS HOLIDAY SEASON AT CHRISTIE’S
First Auction of Spirits to be held in New York Since Prohibition
Looking at what they had to offer I was really surprised, they really had a great assortment. Unfortunately I had missed it because it was last weekend. Not that I had bought a bottle (maybe one of the cheaper ones) but it would have been nice if I could have followed it via the net (if that was possible).
Christie’s had in particular 3 auctions that where really amazing.
The first was a $54,000 bottle of Scottish Macallan. This whisky was distilled at Macallan in Scotland in 1926, bottled in 1986 and rebottled in 2002.
The second was a 100 lot auction of rare wines and liquors sold for $304,800.
The “showstopper” was a collection of 729 bottles of whisky. This collection was sold for $102,000.
Now I really know it for sure; I’m going to invest in whisky or wine.
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