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Issue 102 - Looking Back

Whisky Magazine Issue 102
March 2012


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Looking Back

Jonny McCormick sums up an excellent year

Last year was a year of huge opportunities for speculative whisky drinkers as greater number of people around the planet engaged in buying their whisky at auction. The Whisky Magazine Index (WMI) has tracked a greater number of whisky auctions than ever with the commercial auction houses handling in excess of 10,000 eligible bottles with a combined hammer price of more than £2 million. Established houses like McTear's, Glasgow expanded from quarterly sales to 10 sales a year, Bonham's dazzled with stellar line-ups of the most wanted malts around the world and Christies in London quietly staged a couple of small sales dominated by The Macallan which achieved some recordbreaking prices for their highlyprized lots. The smaller players made their presence felt by attracting terrific quality whiskies and innovating on commission and service; Mulberry Bank Auctions, Glasgow showed great potential for 2012 with their pre-sale tastings of old-school whiskies coupled with Angus MacRaild's alluring sale catalogue which combined delectable tasting notes with each bottle description.

Thirty Scotch whisky brands secured well-earned positions in the top 25 WMI rankings across the year although the year-on-year rankings clearly marked the stand-out companies that have been most popular at auction. The Macallan bagged another year at the head of the chart as the world's most collectible single malt whisky, increasing its presence in the marketplace by nearly 70 per cent more bottles than 2...

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