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Macallan sales soar 4,000% at Sotheby’s
Global demand for Scotch whisky is evidently thriving as value sales of The Macallan grew 4,000% to US$2.6 million at auctioneer Sotheby’s in 2017.
The Macallan in Lalique Legacy Collection sold for US$987,994 at auction
The data was published in Sotheby’s 2017 Wine Report, which ranked The Macallan in the top 10 most valuable wine and spirits producers worldwide – up from 100th place in 2016.
Last year, spirits gained a larger share of sales, representing 6% of Sotheby’s auction and retail sales – up from 1% the previous year.
Sotheby’s attributed the growth to “blockbuster demand” for fine whisky in Asia across both retail and auction markets.
Furthermore, whisky scored the top three places for highest sales prices last year: The Macallan in Lalique Legacy Collection, comprising 18 bottles, sold at auction in Hong Kong for US$987,994; The Macallan Assortment, aged 50-65 years and made up of six bottles, sold at retail in Hong Kong for US$474,359; and The Legendary Ichiro Hanyu Card Player Series in Full, a collection of 58 bottles, sold at auction in Hong Kong for US$454,791.
Last month, The Macallan set another world record after two 60-year-old bottles sold for US$1.2m through luxury retailer Le Clos.