£1m Macallan ready to break whisky world record
Iain McClune with the rare whisky
One of the world’s rarest whiskies is expected to fetch a record-breaking £1 million when it goes up for auction next month.
The Macallan 1926 Fine and Rare 60 Year Old, distilled at the height of America’s prohibition, is among more than 1,900 of the most coveted and expensive single malts, some from long lost distilleries, that will be up for sale.
The auction from 12-22 February features the second half of late American businessman, philanthropist and whisky lover Richard Gooding’s ‘Perfect Collection’.
The Macallan 1926 is one of no more than 14 in the world adorned with the iconic Fine and Rare label. It is considered the most coveted bottle of whisky in existence and the pinnacle in rare whisky collecting.
Others in the sale include The Balvenie 1937 50 Year Old and icons of the whisky world hailing from Bowmore’s legendary 1964 vintage.
Elusive whiskies from a bygone era in Scotland’s distilling landscape also appear, including a 1921 private cask bottling of Dallas Dhu which has not been seen on the secondary market for over 25 years.
The Perfect Collection Part Two, which initially launched last April, was postponed following a major cyber attack. Part one of the auction took place in February 2020, fetching a total hammer price of £3.2million and Whisky Auctioneer became the first online auction house to sell a million-dollar bottle.
Iain McClune, Founder of Whisky Auctioneer said: “Mr Gooding’s Collection is nothing short of extraordinary and we are honoured and delighted to bring it to auction. Collectors, investors and whisky lovers alike will have their interest sparked by the truly astonishing array of whiskies on offer.
“Undoubtedly the entire collection is crowned by the incomparable The Macallan 1926 Fine and Rare, a whisky that has in recent years become the pinnacle of whisky collecting and for good reason.
“With no more than 14 bottles in existence the rarity of this opportunity cannot be overstated and we anticipate that the battle for this icon of whisky will be a mighty one.”
Old and rare whisky expert, Angus MacRaild, commented: “The Macallan 1926 Fine and Rare is one of those handful of iconic whisky releases which has accrued such a lofty status that it exists more in relation to fine art these days than other whisky bottlings.
“Its performance at auction will no doubt be a powerful, bellwether statement about just how iconic and culturally relevant Scotch Whisky remains in the 21st century.
Irrespective of where you sit in the whisky world, the chance to see such a bottling come to auction and potentially break price records is undeniably fascinating and exciting.”
Whisky is seeing a rise in demand with value tied to liquid rarity, and recent reports have shown that over the last decade rare whisky has seen a huge increase in value, overtaking more traditional alternative investment assets such as cars and fine art.
Mr Gooding, who dedicated over two decades to collecting whiskies from almost every Scottish distiller, travelled regularly to Scotland to search for special bottles in pursuit of creating the ‘perfect collection’ – a representation of every Scottish distillery, open or closed.
His collection would grow to become an eclectic library of 3,900 bottles of primarily single malt whisky – one of the largest and most significant whisky collections ever to go to public auction.
Additional auction highlights include:
• A host of highly sought-after bottles from some of Scotland’s lost distilleries including Dallas Dhu, Port Ellen, Glenugie and Killyloch with some bottles dating back as far as 1921.
• Other historic artefacts in the sale include a 1924 Royal Brackla 60 Year Old, of which only 62 were ever bottled, 1922 vintage Highland Malt from Berry Brothers and Rudd and a 1930s example of Old Vatted Glenlivet from Andrew Usher & Co. the industry fathers of whisky blending.
• Incredibly special and rare Bowmore finds such as the 1967 Largiemeanoch, the heralded 1964 vintage Oddbins exclusive and a 25 Year Old expression limited to just 75 bottles which were gifted exclusively to guests at the Auld Alliance reception at Chateau Lagrange in 1995.
• Near impossible to acquire, The Perfect Collection features some of America’s most enigmatic and sought-after Black Maple Hill whiskeys.
• A singular, one of one bottling of The Balvenie Vintage Cask 1961. A truly unique bottling, hand-filled and labelled at the distillery two years prior to the official 1961 Vintage Cask release in 1999.