What Makes Macallan's Whisky Worth $35,000?
The Macallan, which is among the most collected and valuable spirits in the world, is about to release a 65-year-old expression in a Lalique decanter for $35,000.
Founded in 1824 in the heart of Speyside, The Macallan was one of the first distilleries in Scotland to be legally licensed. Since then it has built a reputation as one of the world's leading single malt whiskies. The creation of The Macallan draws on the vital contributing influences of Spain, North America and Scotland, and of their respective natural raw materials, combined with traditional methods and craftsmanship. From its founding, through the subsequent owners of The Macallan distillery in the nineteenth and twentieth centuries and into the present century, The Macallan has been recognised for its outstanding quality above all else and is among the world’s three largest-selling single malt whiskies with over 700,000 cases per year.
Macallan holds the world record for the most expensive whisky sold at auction which has been officially confirmed by the Guinness Book of World Records, following the sale of its “M” Imperiale in Hong Kong for $628,000 in January 2014.
In 2007, a bottle of 1926 The Macallan was sold at a Christie's auction for $54,000, making it one of the most expensive bottles of liquor ever sold.
In 2010, a bottle of The Macallan 64-year-old single malt whisky in a one-of-a-kind "Lalique: Cire Perdue" crystal decanter was sold for $460,000 at an auction at Sotheby's in New York City. All proceeds from the sale were donated to charity: water, an organization that helps provide access to clean, safe drinking water to people in developing nations.
In the following video Paul Ross, chief executive officer at Edrington Americas, discusses Macallan's special 450 bottle release of a 65-year-old whisky with a price tag of $35,000. He speaks on "Bloomberg Markets."
Clik the link to watch the video