Investors are bidding up prices of rare single-malt Scotches from distillers such as Macallan, Bowmore, and Dalmore, and Japan’s Karuizawa and Yamazaki. In January, Sotheby’s sold a 6-liter Lalique decanter of Macallan “M” single malt—one of only four made—for a record HK$4.9 million. “I’m not really an advocate of buying whisky and flipping it,” says Heather Greene, director of whisky education at the Flatiron Room in Manhattan, a bar for spirit lovers that offers tasting classes to aspiring connoisseurs. “But I’m getting questions from people asking if they should buy a couple of cases and sell them for double.” According to the Investment Grade Scotch index, published by consulting firm Whisky Highland in Tain, Scotland, prices for the top 100 single malts rose an average 440 percent from the start of 2008 through the end of July this year. That compares with a 2 percent drop in the Liv-ex 100 Benchmark Fine Wine Index and a 31 percent gain in the Standard & Poor’s 500-stock index. [BusinessWeek]

5 comments (hidden to protect delicate sensibilities)
Show all comments ↓

Comments (5)

  1. Posted by guest | August 28, 2014 at 5:58 PM

    go on.
    -rob ford

  2. Posted by gest | August 29, 2014 at 7:49 AM

    this is LATE. fucking LATE

  3. Posted by Guest | August 29, 2014 at 9:50 AM

    I reckon that 6 liter bottle of scotch would last about 2 hours in a room salon in Seoul. I guess it just depends on how many Korean hookers, er, "hostesses" there are…

  4. Posted by Short, But Long | August 29, 2014 at 10:37 AM

    I don't pop molly, I'm Rob Ford
    International, bring back the Concorde
    Numbers don't lie, check the scoreboard

    Rob Ford, Rob Ford, Rob Ford

  5. Posted by JJ Minihann | August 29, 2014 at 8:34 PM

    Meanwhile , CNBC's talking heads keep telling us there's no bubble in the markets