Highlights from Sotheby’s annual Wine Market Report.
“One name on the list that might surprise you is Macallan. Whisky only started being a big factor at Sotheby’s auctions in 2016. This year the average price was more than $15,000, helped along by another bottle with a big number: A 1926 Macallan with the Sir Peter Blake label sold in New York last fall for $843,200, the record for any spirit sold at auction in North America; bottles in Hong Kong and Edinburgh sold by Bonhams topped $1 million.
Sotheby’s is expecting the hot whisky market to grow further, so it’s no surprise that its first auction of 2019 would echo all the elements that helped make 2018 boom: a two-part sale of a meticulously stored single-owner cellar from Texas property developer and collector Marcus Hiles.
The live sale on March 9 features more than 250 lots of Domaine de la Romanée-Conti, expected to go for more than $3 million. And an online-only counterpart leads with six decanters of the Macallan in Lalique Six Pillars collection, including one called the Peerless Spirit, with a high estimate of $90,000.”
To read more of this article please follow the link below.