See full version: Macallan 1991 cask sold at Bonhams for world record price
The Fine and Rare Whisky sale was held in Hong Kong on 20 August. The sale achieved a total of HK$24.5 million, crowned by Macallan-1991 Cask which sold at a record-breaking price HK$4,464,000. Additionally, 100% of Japanese whisky Karuizawa and Yamazaki on offer were sold.
“Cask collecting is fast growing as a trend and one which has become a Bonhams speciality. In 2019, we set a world record when we sold a Macallan 1989 cask for a per-bottle price of HK$17,103. The cask in this sale has achieved a per-bottle price of HK$22,099 – and a new world record – a very strong increase in just two years.” more
Commenting on the result, Daniel Lam, Bonhams director of wine and spirits, Asia, said: “In terms of both buying and selling, 2021 has been a strong and resilient market for whisky. Our year-to-date total has surpassed that for the same period before Covid in 2019.”
A 30-year-old cask of Macallan Scotch whisky is expected to sell for up to HK$4 million (US$514,300) at auction next month.
Bonhams expects the whisky cask to sell for a minimum price of HK$3.2m (US$411,443). more
The 30-year-old Macallan cask will form part of Bonhams Hong Kong’s Fine and Rare Whisky auction
A cask of Macallan 1991 achieved a world record price at Bonhams on August 20 when it sold for HK$4,464,000, or about £417,505. The cask, which will yield 202 bottles, sold for the highest per-bottle price for any whisky cask offered at auction, equating to HK$22,099, or £2,040.
Commenting on the result, Daniel Lam, Bonhams director of Wine and Spirits, Asia, said: “In terms of both buying and selling, 2021 has been a strong and resilient market for whisky. Our year-to-date total has surpassed that for the same period before COVID-19 in 2019. here
“Cask-collecting is fast growing as a trend and one which has become a Bonhams speciality. In 2019, we set a world record when we sold a Macallan 1989 cask for a per-bottle price of HK$17,103. The cask in this sale has achieved a per-bottle price of HK$22,099 – and a new world record – a very strong increase in just two years. Meanwhile, Japanese whisky continues to be a hotly contested field, with Yamazaki and Karuizawa lots 100% sold in our sale. The announcement that the final editions of Karuizawa whisky will be released later this year has fuelled demand.” [links]
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The single-malt blockbuster was freshly released in June this year by Suntory, via a customer lottery system applicable only to residents from within Japan. Yamazaki-55 Years was distilled in the 1960s and produced in an exceedingly-limited edition of 100 bottles.
Daniel Lam, Director of Wine and Whisky, Asia, commented: “The stunning price sets a new milestone for the market of Japanese whisky, testament to collectors’ desire and determination to acquire the very best the market has to offer. We are pleased to see a keen demand for Scotch whisky in today’s sale as well.” here
This new record smashed the previous world record holder of Karuizawa 52 Year Old sold by Sotheby’s in London in March this year for GBP363,000 (US$475,000). [links]
The Yamazaki-55 Year Old was matured in both Japanese Mizunara oak cask from 1960 and white oak cask from 1964, the year of the previous Tokyo Olympics and Paralympics. [links]