Alcoholic beverage industryGeneral NewsWorld News Upcoming Auction at Sotheby’s Features Highly Coveted Bottle of Scotch Whisky Valued at £1.2 Million by Michael Nguyen October 20, 2023 written by Michael Nguyen October 20, 2023 6 comments Bookmark 7 Sotheby’s auction house has announced that a 96-year-old bottle of single malt Scotch whisky from Macallan distillery, known as The Macallan Adami 1926, is slated for auction next month in London. The esteemed auction house has assessed the bottle’s estimated value to be as high as £1.2 million ($1.4 million). The advance bidding process for this remarkable item is scheduled to commence on November 1, with the auction itself to take place on November 18. A similar bottle of The Macallan 1926 was sold at a Sotheby’s auction in 2019 for a record-setting £1.5 million, making it the most expensive bottle of wine or spirit ever auctioned. This high-profile sale was not an isolated event; the record was broken three times due to the auction of different bottle variations in 2018 and 2019. Jonny Fowle, Sotheby’s Global Head of Spirits, remarked, “The Macallan 1926 is the singular whisky that every auction house aspires to offer and that every collector desires to possess. I am greatly enthusiastic about presenting a bottle of this vintage at a Sotheby’s auction for the first time since we established a new record for it four years ago.” The Macallan 1926 has been aged in sherry casks for over six decades, and only 40 bottles were ever produced, making it Macallan’s most aged vintage. According to Sotheby’s, a portion of these bottles were made available to select Macallan clients. Up to 14 of these were adorned with Macallan’s prestigious Fine and Rare label, including the one that previously broke the auction record. Additionally, twelve bottles, including the one to be auctioned next month, feature labels designed by Italian artist Valerio Adami. The bottle slated for next month’s auction is unique in that it is the first to have been reconditioned by Macallan distillery prior to auction. This refurbishing process involved the replacement of the cork and the application of new adhesive to the bottle labels’ corners. Table of Contents Frequently Asked Questions (FAQs) about Macallan Adami 1926 auctionWhat is the item being auctioned at Sotheby’s?When and where will the auction take place?What is the estimated value of the Macallan Adami 1926 bottle?Has a similar bottle been auctioned before?Who is Jonny Fowle?What makes this bottle special in terms of its production?What kind of labels do these bottles have?What is unique about the bottle going up for auction?More about Macallan Adami 1926 auction Frequently Asked Questions (FAQs) about Macallan Adami 1926 auction What is the item being auctioned at Sotheby’s? The item being auctioned is a 96-year-old bottle of single malt Scotch whisky from the Macallan distillery, specifically known as The Macallan Adami 1926. When and where will the auction take place? The auction is scheduled to take place in London on November 18. Advance bidding will commence on November 1. What is the estimated value of the Macallan Adami 1926 bottle? The estimated value of the bottle is as high as £1.2 million, or approximately $1.4 million USD. Has a similar bottle been auctioned before? Yes, a similar bottle of The Macallan 1926 was sold at a Sotheby’s auction in 2019 for a record-setting £1.5 million. Who is Jonny Fowle? Jonny Fowle is Sotheby’s Global Head of Spirits. He expressed great enthusiasm about presenting a bottle of this vintage at a Sotheby’s auction for the first time since a record was set for it four years ago. What makes this bottle special in terms of its production? The Macallan 1926 has been aged in sherry casks for over six decades. Only 40 bottles of this vintage were ever produced, making it Macallan’s oldest vintage. What kind of labels do these bottles have? Some of the bottles feature Macallan’s prestigious Fine and Rare label, while twelve, including the one being auctioned next month, have labels designed by Italian artist Valerio Adami. What is unique about the bottle going up for auction? The bottle to be auctioned next month is the first to have been reconditioned by Macallan distillery prior to auction, including replacing the cork and applying new adhesive to the bottle labels’ corners. More about Macallan Adami 1926 auction Sotheby’s Official Website The Macallan Distillery Homepage Previous Sotheby’s Auction Records for Spirits The Value of Vintage Whisky as an Investment Profile of Italian Artist Valerio Adami A History of Record-Breaking Auctions for Alcoholic Beverages Overview of Macallan’s Fine and Rare Label Series You Might Be Interested In Bed Bath & Beyond lives on!(line). 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He has a particular interest in football and basketball, and he enjoys analyzing game strategies and player performance. previous post UK’s Labour Party Triumphs in Two Crucial By-Elections, Signaling Shift in Voter Preferences next post Couple Marries on Eiffel Tower Summit Amidst Unforeseen Circumstances, Covered by Associated Press Reporter You may also like Bookmark Search Underway for Suspect in Las Vegas Shooting:... December 2, 2023 Bookmark AI-generated child sexual abuse images could flood the... December 2, 2023 Bookmark 7.6 magnitude earthquake strikes off the southern Philippines... December 2, 2023 Bookmark Justice Sandra Day O’Connor paved a path for... December 2, 2023 Bookmark The Complex Road to Justice and Healing for... December 2, 2023 Bookmark Pilgrims Aspire to Visit Isolated Peninsula Where Catholic... December 2, 2023 6 comments WhiskyCollector101 October 20, 2023 - 9:50 am The Macallan 1926 is like the holy grail of whiskies. No surprise its at Sotheby’s. Whoever gets this is gonna be super lucky. Reply ArtNWhisky October 20, 2023 - 9:10 pm Valerio Adami designing the label just adds another layer of awesomeness to this. art meets luxury in a bottle! Reply FinanceExpert October 21, 2023 - 12:31 am Investing in vintage whiskies like this can actually be a great asset diversification strategy. But man, the prices are going through the roof! Reply JustCurious October 21, 2023 - 1:54 am reconditioned by the distillery, huh? Does that up the value or take away from it being ‘original’? just wondering. Reply AuctionFan October 21, 2023 - 3:10 am Can’t wait to see if it breaks the record again. Sothebys always brings the heat with these kinds of auctions. Reply JohnDoe42 October 21, 2023 - 4:19 am Wow, thats insane! A whisky bottle going for 1.2 mil? i gotta see this auction for myself. Reply Leave a Comment Cancel Reply Save my name, email, and website in this browser for the next time I comment. Δ