Andy Simpson gives us this weeks whisky investment news…
In the last weekly auction watch of an interesting quarter 2, supply into the market is still increasing. I’m now starting to notice some downwards pressure on values in general. It’ll certainly be interesting to see what the effect on prices has been when the Q2 final numbers are run.
Onto last week.
Laphroaig seems to be showing some recent rises with a bottle of the discontinued 30 year old (75cl) achieving £500. A bottle of the recently released 18 year old jubilee bottle also sold for £90; this is quite incredible as it’s still available at its original retail price….. Right here at the Whisky Shop too!
Just to show that the ‘iconic’ collectors distilleries can still buck the general down shift in prices (perceived at the moment, we’ll see if it’s true when the Q2 figures emerge), a bottle of Glenfiddich ‘Classic’ (the tall swan necked bottle) achieved an all-time high of £125.
Glenfiddichs sibling, Balvenie, also saw a new record with the first release of Tun 1401 selling in excess of £400 for the first time.
Next week I’ll give the full lowdown on Mulberry Bank and Bonhams to see what happened to prices as quarter two draws to a close…. Interesting times! Can demand keep up with supply or will we see a general down-shift in values?