Few days back the rare 64-year old Glenfiddich was up for grabs at Bonhams. It found its home in an auction on June 16 in Edinburgh, where it was sold for $37,245 much more than the estimated price of $37,254. Sold on Wednesday, The Glenfiddich was historically distilled on July 17, 1937 and bottled on Oct 24, 2001.
The bottle was one of 61 produced by Glenfiddich distillery and had matured for 64 years. The bidding started at 10,000 pounds and the deal was finalized by an unknown buyer on the telephone. The price included the auctioneer’s fee that compared with a pre-sale estimate of as much as 20,000 pounds at hammer prices. A world record was set in Glasgow in 2007 for a bottle of Scotch sold at 29,400 pounds.
Martin Green, the whiskey specialist at Bonhams said that the prices have been fantastic and the collecting seemed to reach all time high.
Even though the Scotch Industry has been weathering due to financial crisis, demands have gone up in China and India where distillers have been adding capacity to the demand.
November saw the selling of 141 years old Dalmore Oculus, the whiskey made from malt vinegar and stored in crystal decanter at 27,600 pounds.