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[h=1]Single malt scotch sells for world record $628,000 at auction[/h]
Who says sales of scotch are on the rocks?
A rare bottle of Macallan whisky has set a world record for the most expensive single malt whisky sold at an auction.
The six-liter bottle of the highly sought-after Macallan 'M' in a crystal decanter fetched $628,205 at Sotheby's auction in Hong Kong at the weekend, above the expected range of $258,000 to $516,000.
The previous record was achieved at a Sotheby's auction in New York in 2010, when a bottle of 64-year-old Macallan whisky was sold for $460,000.
Proceeds of the sale of the "M" Decanter were to go to various Hong Kong charities, according to Sotheby's.
Only four Imperiale ?M? Decanters were ever made by the Scottish distillery.
As the Asian market matures, high-end whisky is increasingly being viewed as a viable alternative investment to fine wine.
"In 2009, we only sold a handful of wines. Now that the market is expanding, and buyers become more sophisticated and knowledge, whisky becomes a part of that," Robert Sleigh, head of wine, Sotheby's Asia told CNBC on Monday.
When investing in whisky, the main drivers of price are quality and rarity, he said, similar to wine. In the case of the Macallan M, it was a combination of the quality and rarity of the whisky as well as the decanter designed by French crystal maker Lalique, Sleigh said.
Who says sales of scotch are on the rocks?
A rare bottle of Macallan whisky has set a world record for the most expensive single malt whisky sold at an auction.
The six-liter bottle of the highly sought-after Macallan 'M' in a crystal decanter fetched $628,205 at Sotheby's auction in Hong Kong at the weekend, above the expected range of $258,000 to $516,000.
The previous record was achieved at a Sotheby's auction in New York in 2010, when a bottle of 64-year-old Macallan whisky was sold for $460,000.
Proceeds of the sale of the "M" Decanter were to go to various Hong Kong charities, according to Sotheby's.
Only four Imperiale ?M? Decanters were ever made by the Scottish distillery.
As the Asian market matures, high-end whisky is increasingly being viewed as a viable alternative investment to fine wine.
"In 2009, we only sold a handful of wines. Now that the market is expanding, and buyers become more sophisticated and knowledge, whisky becomes a part of that," Robert Sleigh, head of wine, Sotheby's Asia told CNBC on Monday.
When investing in whisky, the main drivers of price are quality and rarity, he said, similar to wine. In the case of the Macallan M, it was a combination of the quality and rarity of the whisky as well as the decanter designed by French crystal maker Lalique, Sleigh said.
[h=1]Single malt scotch sells for world record $628,000 at auction[/h]
Who says sales of scotch are on the rocks?
A rare bottle of Macallan whisky has set a world record for the most expensive single malt whisky sold at an auction.
The six-liter bottle of the highly sought-after Macallan 'M' in a crystal decanter fetched $628,205 at Sotheby's auction in Hong Kong at the weekend, above the expected range of $258,000 to $516,000.
The previous record was achieved at a Sotheby's auction in New York in 2010, when a bottle of 64-year-old Macallan whisky was sold for $460,000.
Proceeds of the sale of the "M" Decanter were to go to various Hong Kong charities, according to Sotheby's.
Only four Imperiale ?M? Decanters were ever made by the Scottish distillery.
As the Asian market matures, high-end whisky is increasingly being viewed as a viable alternative investment to fine wine.
"In 2009, we only sold a handful of wines. Now that the market is expanding, and buyers become more sophisticated and knowledge, whisky becomes a part of that," Robert Sleigh, head of wine, Sotheby's Asia told CNBC on Monday.
When investing in whisky, the main drivers of price are quality and rarity, he said, similar to wine. In the case of the Macallan M, it was a combination of the quality and rarity of the whisky as well as the decanter designed by French crystal maker Lalique, Sleigh said.
I picked up a case last week......Good stuff.....:0008
Bourbon and Gin are two of our favorite things. Naturally, we wondered what would result if our gin was influenced by a tasty bourbon barrel. We carefully selected old bourbon barrels and used them to age our Four Peel Gin. The result is surprising and delicious.
You should be boozing. Shame on you for slamming a guy during troubled times. You are just pissed because the hedgehog smoked your ass.
Actually, you are still mathematically alive in that little bet and I'm sure you already know what you have to do to win that bet. Lotsa luck. :0008
You are one dumb piece of shit aren?t you? I didn?t slam anyone and I certainly didn?t know about anyone?s troubled times. As soon as he pointed out his bad week, I told him it wasn?t the time to have and back and forth. But for some reason you think you should keep stirring the shit. Pull your head out of your ass and take a look around before you go spouting your mouth off. For some reason you think its pertinent to perpetuate some sort of animosity between the two of us. Our prior discussions must have really gotten under your skin, so sorry for your troubles with that pal.
And your shitty math skills rank right up there with your reading comprehension ability. Hedge has me beat, no way for me to win, I?ve said my peace with him and he won the bet.
Poon, I'm sorry you have to resort to "name calling" If it makes you feel better doing so then I guess have at it. I know you think you are so high and mighty, but in reality you aren't any better than anyone else that posts here.
Apparently you aren't the best at math either. Currently, you have 4 points in the hippo contest and Hedge has 12. The super bowl selection is worth a maximum of 6 points. Lets say you select a 6 point play and nail it (I know this rarely happens) and Hedge plays a 6 pointer and loses. Please tell us all who will have the most points if this scenario occurs?
Damn boy I thought you were smarter? :mj07:
I don't think I'm better than anyone else here. However, it is apparent I can read and understand posts with a general amount of common sense and logic that you don't possess.
Our bet wasn't on points you dolt. It was record, there is one pick left and he is up 2. I can't win. Let me know if I need to draw a picture, maybe that will help you understand it.
