SCOTCH is proving to be liquid gold as the UK’s rare whisky auction market has exceeded sales of more than 100,000 bottles in a single year for the first time.
The figures, that were released yesterday, are part of the 2018 annual report published today by whisky analyst, broker and investment experts Rare Whisky 101.
According to the report, both the volume and value of rare Scotch whisky sold at auction increased by record amounts as global demand accelerates.
The value of collectable bottles of Single Malt Scotch whisky sold at auction in the UK rose by 62.7% to a record £40.7m.
The number of bottles of Single Malt Scotch whisky sold at auction in the UK increased by 28.9% to 107,890, up from 83,713 in the previous year.
Andy Simpson of Rare Whisky 101 said: “The secondary market for rare whisky continues to outperform our expectations.”
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