The 72-year-old bottle of whiskey fetched over $ 54,000 at auction
A 72-year-old bottle of Glen Grant Single Malt Whiskey from Scotland fetched more than $ 54,000 at auction in Hong Kong on Friday. It is the first time that the 1948 Glen Grant whiskey from the independent bottler Gordon & MacPhail has been offered at auction.
It is number 88 out of 290 decanters bottled by the company and auctioned by Bonhams for a price of 421,600 Hong Kong dollars (USD 54,300) including the premium.
“The bottle holds particular promise – 88 is a symbolic number in Chinese culture that means ‘rich,'” Bonhams said in a press release.
The bottle had a book estimate of 300,000 to 380,000 Hong Kong dollars ($ 38,000 to $ 49,000).
The whiskey, the oldest from the Glen Grant distillery, is in a Dartington crystal carafe with an American presentation box made of black walnut wood.
Despite the economic uncertainty caused by the pandemic, interest in rare whiskeys remains high. Compared to other capital goods, collector whiskey has held up well over the past 10 years with a four-fold increase in price, said Christopher Pong, wine and whiskey specialist at Bonhams.
Other whiskeys featured in Friday’s auction included a 35-year-old Hibiki whiskey from Japan in a Kutani ceramic carafe, which sold for Hong Kong dollars ($ 48,000) 372,000.
In 2018, a 60-year-old bottle of Macallan Valerio Adami whiskey gotat a Bonhams auction.