Our recent auction which finished this past Wednesday saw a broad selection of interesting bottles go under the hammer.
Most of the high-end bottles showed consistency in their performance which suggests the market at this level is holding fairly steady for now. Where there was a strong upward performance was for some of the very rarely seen bottles. The Springbank Samaroli 12 year old is a bottle we’ve sold on three occasions now. Each sale has seen a gradual upwards movement but this sale saw it climb up to £3300 which is a significant boost and quite clearly indicates the appetite there is for these kinds of extremely highly regarded classic bottlings.
Another real rarity was the Glenugie 12 year old bottled in the 1980s by Robert Watson. This is one of these kinds of bottles that is so rarely seen that most people don’t even know it exists. The fact that such a basic – originally quite cheap – bottling finished up at £1100 is clear indication of how well these kinds of bottlings perform on the open market. This is the sort of bottle that whisky auctioneering is all about for us.
Other strong auction results were for Islay bottlings such as the Laphroaig 1980 which finished up at a very healthy £1850 and the Port Ellen Feis Cask which fetched £3200. Demand for these sorts of official Islay bottlings shows no signs of slowing down.
Another strong performer was the Benromach 1969 40 year old, with only 40 bottles released the demand is understandable but it went to £925, some way north of its previous result with us last year of £625. The Littlemill 1950 was another of these rarely seen and little known bottlings that also shot to a new high in this sale. A 30 year old, cask strength single cask with just 216 bottles, this new record of £775 shows clear demand for these older, rarer bottlings and also how interest in Littlemill has really risen over the past years with the numerous excellent bottlings that have been released by the independents.
The Tamdhu 1970 by Signatory – a dram with a hefty reputation – shows that desire for the liquid itself is still a powerful factor in people’s bidding patterns. This one hit an impressive new high of £675. Likewise the Caol Ila 1982 by Queen Of The Moorlands – another dram with a serious reputation – hit an impressive new high of £575.
There were also some notable results at the lower-mid end of the sale as well. Some of the older blends such as the MacKenzie 20 year old and the Hudsons’s Bay 15 year old achieved impressive prices: £150 each. This shows that perhaps awareness of just how great these old blends can be is starting to show in their performance at auction.
All in all it was a successful sale which showed consistency in the top end. A continued stagnation of prices in many of the modern releases which just tend to traded rather than opened. A strengthening for the rarities and scarcely seen bottlings and an upward trend in prices for great quality drinking drams.
Our next sale beginning this Sunday is the final miniature auction of the year, this sale comes from part of a huge and impressive collection of minis put together over several decades. There are numerous highlights such as several Macallan Fine & Rare mins and numerous closed distillery examples to get your teeth into. If you’re looking for fun gifts or stocking fillers for whisky loving chums this Christmas these can make the perfect gifts. Likewise if you’re after a few special drams for yourself over the festive season then minis are a perfect way to try these elusive legendary drams without breaking the bank on a full size bottle.