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Issue 88 - It's Islay Time

Whisky Magazine Issue 88
June 2010

 

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It's Islay Time

Jonny McCormick examines how a clutch of Feis Ilé bottlings fared at auction.

The percentage change in average bottle prices gives an indication of the price trend for the output of that particular distillery. As auction results influence the WMI for a year, a rise or fall in value is the net result of the number of bottles sold at the most recent auction and the effect of these prices, added to the prices and bottles over the past 12 months minus the prices and bottlings of last year's auction that have just expired. Whereas the rankings are the distilleries compared with each other, average prices equate to the distillery relative to itself. With the Dalmore, only a few appear at auction, but the sale of the Dalmore Oculus by Bonham's last November propelled its ranking up from 41st to 9th. Unless further Dalmore bottles appear by November, expect Dalmore's position to drop later this year.

AUCTION WATCH
Business was brisk at the McTear's early May sale, with 647 lots to savour and when the dust settled, 82 per cent of lots had been sold generating £145,000. Bidders had the seasonal opportunity to acquire a broad range of Feis Ilé bottlings ahead of this year's Islay festival. Starting with a 27 Years Old Ardbeg Single Cask 2398 distilled in 1976 released for Feis Ilé 2004 (£440), to the Caol Ila special releases (bottled 2007; £60, bottled 2009; £60), Laphroaig (2004 & 2006; £550, 2006 & 2007; £160), Lagavulin (bottled 2007 & 2008; £320), Bowmore (2006, 2007 & 2008; £240) and last but not least, Bunnahabhain Moine (bottled 2009; £180).
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