Adventurer
Joined: 28 Jan 2006
|
 Posted: Sat Oct 28, 2006 9:31 am Post subject: Raise a glass to the power of Whisky |
 |
|
Scotch whisky collecting is definitely not on the rocks. This niche market is booming and, whether you like the tipple or not, you might fancy a wee dram of an investment.
"The market is extremely strong at the moment," says Martin Green, a specialist with the UK's leading whisky auctioneer, McTears in Glasgow. At the auction house's last sale in September many lots exceeded their estimates.
"I think the market is still expanding," says Green. "I sold the first whisky at auction with Christie's in 1986 and at that time a 50-year-old Macallan sold for �1,100 - we had a bottle recently that went for �6,000."
This is a market that can fit any pocket, but at the top end The Whisky Exchange last year sold two bottles of 62-year-old Dalmore for �31,000 each, the priciest whisky sold by a retailer.
http://money.independent.co.uk/personal_finance/invest_save/article1934073.ece |
|
FAQ
Search
Memberlist
Usergroups
Register
Profile
Log in to check your private messages
Log in
