Current:Home > NewsCheers! Bottle of Scotch whisky sells for a record $2.7 million at auction-LoTradeCoin
Cheers! Bottle of Scotch whisky sells for a record $2.7 million at auction
View Date:2024-12-24 00:16:49
LONDON (AP) — A bottle of Scotch whisky billed as “the most sought-after” in the world sold Saturday for almost 2.2 million pounds ($2.7 million), an auction record for a bottle of wine or spirits.
The Macallan Adami 1926 sold at Sotheby’s in London, after a bidding war between would-be buyers on the phone and in the room.
Just 40 bottles of The Macallan 1926 were bottled in 1986 after being aged in sherry casks for 60 years. Twelve of the bottles, including the one sold Saturday, had labels designed by Italian painter Valerio Adami.
Another bottle from the same cask was sold by Sotheby’s in 2019 for almost 1.5 million pounds, until Saturday a record for wine or spirits.
“The Macallan 1926 is the one whisky that every auctioneer wants to sell and every collector wants to own,” said Jonny Fowle, Sotheby’s global head of spirits.
The bottle sold Saturday is the first to have undergone reconditioning by the distillery ahead of auction. This included replacing the cork and applying new glue to the corners of the bottle labels.
The final price of 2,187,500 pounds ($2,714,250) includes a charge known as the buyer’s premium on top of the sale price of 1.75 million pounds. The price well exceeded the pre-sale estimate of 750,000 pounds to 1.2 million pounds.
veryGood! (2)
Related
- ‘COP Fatigue’: Experts Warn That Size and Spectacle of Global Climate Summit Is Hindering Progress
- Gypsy Rose Blanchard says she and her husband have separated 3 months after she was released from prison
- The Daily Money: Sriracha fans say the heat is gone
- Ayesha Curry Details Close Friendship With Great Mom Lindsay Lohan
- 'Joker 2' actor pans DC sequel as the 'worst film' ever: 'It has no plot'
- US judge in Nevada hands wild horse advocates rare victory in ruling on mustang management plans
- Gov. Evers vetoes $3 billion Republican tax cut, wolf hunting plan, DEI loyalty ban
- Lizzo Seemingly Quits Hollywood Over “Lies” Told About Her
- Will Aaron Rodgers retire? Jets QB tells reporters he plans to play in 2025
- Powerball drawing nears $935 million jackpot that has been growing for months
Ranking
- Karol G addresses backlash to '+57' lyric: 'I still have a lot to learn'
- 2 police officers shot in Nevada city. SWAT team surrounds home where suspect reportedly holed up
- A Russian journalist who covered Navalny’s trials is jailed in Moscow on charges of extremism
- Baltimore bridge collapse victim, father of three, was fighting for us always, wife tells WJZ
- In an AP interview, the next Los Angeles DA says he’ll go after low-level nonviolent crimes
- An Oklahoma council member with ties to white nationalists faces scrutiny, and a recall election
- Georgia bill aimed at requiring law enforcement to heed immigration requests heads to governor
- At least 5 deaths linked to recalled supplement pill containing red mold
Recommendation
-
Francesca Farago Details Health Complications That Led to Emergency C-Section of Twins
-
How King Charles III Has Kept Calm and Carried on Since His Cancer Diagnosis
-
See Conjoined Twins Brittany and Abby Hensel's First Dance at Wedding to Josh Bowling
-
UConn's Geno Auriemma stands by pick: Paige Bueckers best in the game over Caitlin Clark
-
Gisele Bündchen Makes First Major Appearance Since Pregnancy
-
2024 NHL playoffs: Bracket, updated standings, latest playoff picture and more
-
Georgia bill aimed at requiring law enforcement to heed immigration requests heads to governor
-
Lizzo Seemingly Quits Hollywood Over “Lies” Told About Her