An Asian collector recently paid no less than £16 million GBP (almost 19 million euros) for a barrel of Scotch whisky, which marks a new world record, reports the British newspaper Financial Times.
The cask – “Cask No. 3” – dates from 1975 and is from the Ardbeg distillery, is located on the Scottish island of Islay. It is part of Glenmorangie, which in turn is part of the French luxury goods group LVMH (Louis Vuitton Moët Hennessy).
Ardbeg will take approximately 88 bottles of whiskey per year from the cask over the next five years and deliver them to the buyer. This equates to £36,000 per bottle.
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Whiskey is making a comeback and barrel sales are booming. The previous record was set in April – about £1 million for a barrel of Macallan from 1988 – but that has now been shattered.
Credit: Ayack / Creative Commons
According to the Financial Times, the astronomical amount may be explained by the fact that it also includes all kinds of costs in the coming years, such as storage, bottling, labelling, insurance and so on.
Usually a barrel is bottled in one go, precisely because it is easier and cheaper.
