If you were planning on starting your own whisky collection then we have some great news for you! According to the Knight Frank Wealth report - whisky is the best 10-year investment! With an impressive 582% increase in value over the past decade, it trumps the likes of watches, gems and cars! Rare Scotch topped the firm's Luxury Investment Index with 40% annual growth.
It is the first time the KFII has included the Rare Whisky 100 Index, a list of the 100 bottles of the world’s rarest Scotch compiled by Rare Whisky 101.
November 2018 saw a bottle of Macallan 1926 which was hand painted by Irish artist Michael Dillon being sold for a record £1.2 million. In addition to this, sales of Scotch to India, China and Singapore rose by 44%, 35% and 24% respectively in the first half of 2018.
Bowmore became the number one distillery in the investors ranking, closely followed by Brora and Springbank. Macallan saw a late 2018 dip in values and moved down three places to finish the year in 4th place according to the Rare Whisky 101 2018 Full Year Report.
The number of bottles of Single Malt Scotch Whisky sold at auction in the UK in 2018 increased by 28.88% to 107,890 (83,713 were sold in 2017). The £ value of collectable bottles of Single Malt Scotch Whisky sold at auction in the UK in 2018 rose by 62.70% to a record high of £40,772,550 (2017 value was £25,060,058) which is beyond incredible.
Looking back over a five-year snapshot of the number of bottles sold at auction in the UK for a hammer price of equal to or greater than £10,000, the result over the past five years is a 1,295% increase (FY2014 to FY2018).
We’re also noticing an increased number of valuable bottles selling for greater value than ever before. This is also where we start to see higher-end bottles outperforming the rest of the market.
The future for whisky in 2019 is looking promising and with us only in March, it’s an exciting adventure to be going on. Let’s #GrabADram to that!
In tribute of Father’s Day, Old & Rare has put selected or top 5 drams for dads to give you some inspiration when it comes to the whisky that’ll earn you some brownie points with dad.