Dram-atic gain: Scotch prices soar by 40pc
The whisky investment market has boomed over the past year, with the value of rare Scotch whiskies rising by more than 40pc. The Rare Whisky Apex 1000 index, which tracks the value of 1,000 of the most sought-after bottles, rose by 42pc over the past 12 months to the end of July this year. Over five years the index has risen by 195pc.
The average price per bottle at auction increased from £218 in the first half of 2016 to £286 in the first half of this year, according to whisky consultancy Rare Whisky 101.
The most expensive individual bottle to sell this year was a 50-yearold Macallan Lalique, which fetched £65,210. Macallan whiskies account for around £300 of every £1,000 spent at auction in Britain.
However, not all parts of the whisky market have risen. The Japanese Icon 100 index, which includes 100 bottles of collectible Japanese whisky, has fallen by 6pc since the start of the year. By comparison, the Scotch Icon 100 index has risen by 8pc over the same period.
Not all Scotch is appreciating in value. Rare Whisky 101’s Negative 1000 index, which tracks the value of the 1,000 worst performing bottles of single malt Scotch, has fallen by 4pc this year.
An index that tracks whisky prices has risen by 42pc over the past year