October Auction Results 2017
Our recent auction was marked by yet another impressive result for bonded casks of Macallan. While not quite as staggering as last month’s results, these 1995 refill hogsheads both performed admirably fetching £52,100 a piece. Showing that any mature stock of Macallan in bond still commands a serious premium. There will be further casks coming to auction with Whisky Online over the next couple of sales so it will be interesting to see how they compare.
Moving to the bottles. The SMWS 26 Malts collection hit a new record result at £4400, quite a tidy improvement over the recent days where it often sold for around £2500. Strong results also for the Laphroaig 1960 at £4000 and the Caol Ila Manager’s Dram at £3400. Both bottles which are driven largely by the wonderful, and historic, character of the liquid.
The following slew of Macallan results were largely typical, consistent and high. With all bottles hitting the top end of their current market value. Demand for aged, classic era, sherry matured Macallan still seems insatiable. The 1971 34 year old Bowmore was another bottling which could be picked up for sub £1000 for a number of years, nice to see these amazing bottlings getting a little more recognition these days with the latest example finishing up at an impressive £1900. Although, given the demand for other similar quality Bowmores, I suspect this bottle will still have some way to go over the coming years.
Speaking of Bowmore, the 1961-1973 example by Berry Brothers is another of those bottles that no one really knew about until one got opened a few years back and tasted by some whisky friends and subsequently written about. Bottles back then used to change hands for less than £200 – this latest one sold for £1700! If you’ve taste the liquid however, it’s not too hard to see why. Not unlike the 30 year old Sea Dragon Bowmore which continues to be in high demand, finishing up last night at £1250
Staying on Islay it seems any Lagavulin with a bit of age can command serious money. Four bottles of the Syndicate 38 year old bottling – the oldest known bottling of Lagavulin – fetched between £1500-1550 each. This is another bottle which seems destined to fly higher in price in the coming years.
Other notable high end results were the Lochside 1966 Celtic Heartlands bottling for £1300 – these old 60s Lochside single malts are really starting to pick up serious – and deserved – attention. The Longmorn 1969 Gordon & MacPhail CASK edition for £925. Again, anyone who has tasted these bottlings will ‘get it’. And speaking of whiskies which are starting to gain overdue recognition, the Glen Elgin 15 year old Manager’s Dram hit an impressive £875. This bottling could be snapped up for £200-300 for a long time and has only recently started to ascent to new heights. Similarly the Aberfeldy and Oban Bicentenary Manager’s Drams both fetched £600 each – very healthy results for these bottles. Even the Oban 19 year old at £420 was a stronger than usual result. Could we be on the cusp of a new trading level for the older Manager’s Dram bottlings?
Midleton continue its collectable march with the 1985 release fetching a cool £775. Similarly the 1970 Bruichladdich impressed with a £725 hammer price – another step higher for this one, how long before it hits the four figure mark? It’s often said that dark whisky is alluring and, in the case of the Cadenhead white label 1979 Springbank, it isn’t hard to see why it’s deep hue would have contributed to its £725 hammer price.
Another type of bottling that is seeing renewed interest these days are the old, legendary blends. Particularly brands such as Logan’s which are, like White Horse and Mackie’s, known to contain significant amounts of Lagavulin and Malt Mill. This beautiful 1950s example fetched a deserved £675. Macallan madness doesn’t also manifest in the official bottlings, you may not think a 1988 26 year old Macallan by Douglas Laing merited a hammer price of £600, but someone else certainly did.
A Laphroaig 10 year old from the 1980s fetched £550, even with a low filling level. As understanding of just how special these bottlings are spreads, the prices only seem to solidify.
Going through the rest of the £100-500 range of the sale the prices were by and large towards the upper end of market value for most bottles. There were a few slightly juicer bargains. The Ord 16 year old Manager’s Dram seemed to buck the trend of the other bottles form this series in the sale selling for £370, which is a tad softer than other recent results. The Ord 30 year old 2005 special release also still looks like good value at £300 considering what a stellar whisky it is. Likewise a litre of 12 year old Highland Park from the 1980s for £185 also seemed like a pretty quaffable price.
Otherwise though, there were slim pickings for bargain hunters. It seems one of the key aspects of today’s secondary whisky market is proliferation of knowledge has all but dried up bargains. Almost everything seems to fetch its consistent value these days. A great thing if you’re a seller; frustrating if you’re a buyer – especially one looking to buy to drink. Still, a buyout market also means a plentiful and regular supply of juicy bottles. So, until next month…
Next Auction Starts Wednesday 22nd November
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