Glenfiddich 1937 bottle of whisky fetches $71,700 at auction
For over 120 years later, Glenfiddich has been one of the very few single-malt distilleries to remain entirely owned by family and its whisky has been recognized as the world’s most awarded single malt, which is a true reflection of the passion, integrity and innovative spirit that has been passed down through the generations. Over the times, the premium scotch maker has impressed the whisky lovers and collectors with its unique taste and limited edition bottles, like the Glenfiddich Janet Sheed Roberts Scotch whiskey sells for record prices. Now, a 1937 bottle of Glenfiddich Scotch whisky got sold for $71,700 at Christie’s International’s sale of wines and spirits sale held in London.
The ultra-rare bottle of 75-year old single malt from the Glenfiddich Rare Collection 1937, which was expected to fetch $77,900, excluding fees, but it realized a price of $71,700 including fees. Also Glenfiddich Malt Master David Stewart describes Glenfiddich Rare Collection 1937 as an exquisite and unique malt whisky of exceptional character. Being the world’s oldest Scotch whisky, it’s truly a very collectible piece that would make for the most wonderful taste experience.
The auction came just a day after Diageo Plc (DGE) said that to meet the growing demands from Latin America, Asia and other emerging markets, it will spend over 1 billion pound on whisky production over the next few years. The whisky market has turned out to be international collectors’ market, as different people take it as purely as investment.
Discovered to be an unusually slow-maturing whisky, it was distilled in 1937 and bottled in 2001. And, it’s the rarest Glenfiddich whisky ever produced, with just 61 specimens released, which is a solid key factor in propelling it to its considerable price. However, it’s unknown how many bottles still remain.
Interestingly, the price of these rare whisky bottles, dubbed as the world’s oldest whisky, from the Glenfiddich Rare Collection 1937 rises after every sale. As another exceptionally rare bottle from the exquisite Glenfiddich Rare Collection 1937 was sold for $20,000 in a pretty intense auction held by Glenfiddich in partnership with City Harvest, a noted New-York based charity on April, 2006 in Vanderbilt Hall at Grand Central terminal.