March 31st, 2011

A second chance to buy the whisky you always wanted

John Hansell

So, maybe you came a little late to this single malt scotch craze and missed out on some great whiskies bottled ten or twenty years ago? Well, you have another chance to to buy a bottle or two.

Yes, you will probably pay more for it. But then again, you might not.

A few days ago, I received the Bonhams Whisky Catalog for an auction they are having in New York City on April 14th (two weeks from today). I’m drooling just paging through it.

Yes, there are some heavy-hitters like the Bowmore Trilogy (Black, White and Gold) and the Springbank Millennium Set (25, 30, 35, 40, 45, and 50 year old).  But there are also some really interesting–and high-quality–whiskies you can probably pick up for $200-300, like some older bottled Broras, Port Ellens, Bowmores, Springbanks, and Ardbegs. Oh, and some older Macallans too, like this “Private Eye” bottling (shown above). The estimated range on this one, however, is a little steep ($600-800).

I’ve never been to a whisky auction. And I can’t make it to this one either, because it conflicts with WhiskyFest Chicago. However, some of our writers have attended–and even participated–and they have really enjoyed the experience. Plus, I think you can even bid over the phone and on-line.

I’ll give you one example why I think you might actually get some of these whiskies at a bargain price. Lot #21 consists of two bottles of Dalmore: a King Alexander III and a Signatory 18 year old. The range is listed at $140-200. Binny’s is selling the King Alexander III for $200. You could score and get both bottles for less than this. (Well, maybe not, now that I’ve mentioned it…)

I think you get my point, though. You can find the link to a PDF of the auction catalog here. Have a look through it. (Also, my contact at Bonhams over the past few years has been Rik Pike, in case you have any specific questions. His email adress is richard.pike@bonhams.com.)

Do you see anything interesting in there?

Category: Auctions,Opinions,Scotch whisky Tags: 11 Comments

July 2nd, 2010

Flipping Ladyburn

John Hansell

It was the early ’90s. I was strolling around Soho in Manhattan. As my wife will (regrettably) attest to, I have a difficult time walking past a liquor store without at least having a peak inside.

On this given day, I was alone, so when I strolled past Soho Wines and Spirits, I bopped right in. The shop wasn’t very big (it is NYC after all), and it was mostly wines. But on the left wall were a few dozen bottles of whisky.

Nothing was out of the ordinary, except for a distillery bottle of Ladyburn, identical to the bottle on the left. I never saw a owner-bottled Ladyburn before, and I knew that it was rare. So, I bought it. For $28.

I took it home and that’s where it sat–for several years on display in my house bar. That is, until I received an email from a prominent UK whisky retailer who was inquiring about several different rare bottles of whiskies that some of his clients were interested in purchasing.

Now, I’m not big on collecting  just for the sake of collecting. If I buy a whisky, I intend to drink it. But the few reviews I heard of Ladyburn at the time were not very good ones, and that includes Michael Jackson.

I figured I am better of selling it for a handsome profit and spending the money on whisky that I will actually drink and enjoy, so that’s what I did. I sold this bottle for a great price (I don’t remember how much it was, because I also sold a couple other bottles at the same time as a package deal,  but it was under $1,000.) And that was the end of it. That is, until I noticed a bottle was up for auction at the recent Bonhams auction this past June 22nd in New York City.

What did it sell for? How about $3,570! Obviously, someone made a great profit on this whisky. Or was it some people?

I know there were very few of these bottles floating around. I don’t know what happened to my bottle after I sold it. I wonder if this is the same bottle I bought almost 20 years ago for $28. And I can’t help wondering if it was flipped a few times.

It’s a small world these days, isn’t it?

Category: Auctions,Opinions,Scotch whisky Tags: , 27 Comments

June 10th, 2010

Bonhams has another New York whisky auction slated

John Hansell

If you missed out on these whiskies the first time around, you get a second chance. (Okay, so maybe they will cost you a little more.) The press release is below, and the link to the actual list of whiskies on their website is here.

New York- Bonhams New York first sale of Whisky in 2010 will take place at 5pm on Tuesday June 22 at the company’s 580 Madison Avenue saleroom.

The auction features 554 lots, and marks the first various-owner auction devoted to Whisky to take place in the city since a 2007 law change allowed spirits auctions to take place in the state of New York.

The auction also marks the beginning of regular sales schedule for Whisky and Spirits at Bonhams in New York, with plans for at least two sale selections each year.

“Bonhams is committed to the sale of whisky and spirits across the globe. Along with our regular whisky sales in Edinburgh, we are now delighted to see the beginning of a regular auction schedule here in New York – and continue to develop our spirits offerings in Hong Kong,” says Malcolm Barber, Bonhams Group Managing Director.

The vast majority of the sale features single-malt Scotch whisky, along with a handful of blended Scotch and Irish whiskey lots. Estimates go to $9,000 a bottle, and the auction in its entirety is expected to fetch over $200,000.

Highlights include a 190-lot collection that features substantial quantities of Silent Stills, Rare Malts and Gordon & Macphail bottlings. Within this collection notable lots include a 37 year old Bowmore matured in Bourbon wood (estimate: $1,800-2,500), and The Springbank Double, bottled in 1994 (estimate: $800-1,000).

A significant selection of The Macallan features prominently in the auction, including a bottle of The Macallan 50 Year Old Anniversary Malt accompanied by a letter by Chairman Allan Shiach dated July 1983 (estimate: $9,000-11,000); an example of the 35thPrivate Eye Anniversary bottling (estimate: $550-700); and The Macallan 52 year old distilled in 1946 (estimate: $3,750-4,500).

Elsewhere in the sale, a bottle of Gold Bowmore is on offer (estimate: $4,200-5,000); along with a 1940s bottling of ‘Pinch’ in excellent condition and in original Christmas wrapping (estimate: $250-300); and a 35-lot collection of Glenmorangie (estimate range $150 to $1,200) that includes The Culloden Bottle, The Grand Slam Dram, and a 1976 bottling that celebrates the first commercial flight of Concorde (estimate: $650-800).

Category: Auctions,Scotch whisky Tags: 8 Comments

May 13th, 2010

Bottle of 1937 Glenfiddich to be auctioned

John Hansell

The first of eleven bottles. It seems like a lot of distilleries have squirreled away some older whisky, which are now being released. This one’s not as old as Gordon & MacPhail’s 70 year old Mortlach, but it’s not too far behind.

The official listing on the Bonhams site is here, but there’s still no information (or images of the bottle) up there yet. Details below in the press release.

£20,000, VERY RARE BOTTLE OF 1937 GLENFIDDICH AT BONHAMS WHISKY SALE 

An exceptionally rare bottle of Glenfiddich distilled in 1937 is for sale at Bonhams Whisky sale in Edinburgh on 16 June. 

It is one of only 11 bottles of the 1937 produced by the distillery and is the first to appear at auction.  Having matured for 64 years it is also one of the oldest whiskies ever released onto the market.  It is estimated to make between £15,000 – 20,000 and is likely to be keenly sought after. 

Bonhams Whisky consultant, Martin Green, commented, “It isn’t very often that such a rare bottle comes along and it’s a privilege to be handling it.  As soon as I recognised the significance of the bottle I got in touch with the distillery to let them know that we were including it in the auction.” 

Libby Lafferty speaking for Glenfiddich said, “We were very excited when we heard that the 1937 was going into the sale and immediately invited Martin Green from Bonhams to bring the bottle back to its home distillery to photograph for our archives.  It really is that special.” 

ends 

For further sale information please go to www.bonhams.com/mechanicalmusic 

For further press information please contact Andrew Currie on 0207 468 5871  or andrew.currie@bonhams.com or press@bonhams.com

Category: Auctions,Scotch whisky,Special events Tags: , 7 Comments

December 13th, 2009

Bonhams Whisky Auction, New York, December 17th

John Hansell

Bonhams’ third, final, and largest auction of the Willard S. Folsom Collection will take place this coming Thursday in New York. There’s plenty of great whiskies in the nearly 900 lots in this auction.  I went through all of them earlier today. Here’s a link to them all.

Of course, there’s plenty of trophy whiskies, like the Dalmore 50 yr. old (pictured below), several Black Bowmores, ’73 and ’74 Longrows. But if you look through the list more carefully, you’ll find some bargains.

longmorn centenaryFor example, there’s a Longmorn Centenary 25 yr. old (lot 237) listed with a range of $130-160 (pictured on the left). I’ve tasted this whisky. It’s very nice (with even a hint of smoke). I have a bottle already, but at that price range, I’ll be happy to have another one.

 And there are a few Springbank 30 yr. old lots (25-27) valued around $300. That was the going price a decade ago, and it will be a while before Springbank comes out with another standard issue 30 year old, given that the distillery was closed for most of the ’80s.

And there’s plenty of whiskies from distilleries long gone, like Ladyburn, Killyloch, Glen Flagler, Kinclaith, etc.

In addition to old whiskies, there are young whiskies bottled decades ago, which are pretty rare.

Have a look through. Maybe you will find something that catches your eye. I was sent a press release on the auction, which I have included below.

 

 

 

The Willard S. Folsom Collection of Old and Rare Whiskies
To Be Offered At Bonhams New York This December

Dalmore 50Aficionados of fine, rare Whiskies will be presented with an unparalleled collecting opportunity when the renowned Willard S. Folsom Collection goes to block on December 17th at Bonhams New York.

A sports fan, football handicapper, race car driver, master of finance, scuba diver, skydiver, and salsa dancer at various times in his life – Folsom began his love affair with Whisky in 1988 while reading a list of the best bars in the United States for Single Malt. Included in the list was a restaurant ten minutes from Willard’s home in Burlingame, California. After attending his first Single Malt Scotch tasting he immediately became a devotee of the Whisky arts.

For the next 18 years Willard amassed his private collection. Starting with establishing relationships within San Francisco’s Scotch community it was not long before he began travelling the world in search of rare bottles. Having toured the Highlands, the Lowlands, Speyside, Islay, and Orkney, he purchased whisky from all over Scotland and the rest of the UK- resulting in a collection of over 3,000 bottles.

Following the successful sale of a portion of the vast collection in Edinburgh and another sampling to be offered on November 27th in Hong Kong, part three of the sale will take place at the New York galleries of Bonhams and consists of nearly 900 lots of premier Single Malt Whisky. The meticulously selected collection ranges from Single Malts distilled in the 70s and 80s to a 1924 Royal Brackla 60 year old estimated at $2,400-3,300.  The New York sale is being held in conjunction with Bedford Wine Merchants.

Undoubtedly one of the most sought after lots will be the Dalmore 50 year old (pictured, top). It is beautifully presented in a crystal decanter along with a hand crafted wooden presentation case. Carrying an estimate of $6,500-7,300 it is sure to draw serious collector attention.

Also of great interest is the Dalmore 30 year old. This 150th Anniversary issue is offered in an Edinburgh Crystal decanter with sterling silver labelling. Bottle 37 out of a limited run of 50 and never for sale on the open market, the  lot is estimated at $2,400-3,300.
 
The Balvenie 50 year old is also highly anticipated. Distilled in 1937 and bottled 50 years later, the bottle is designed to replicate the bottling style of the 1930s when it was originally distilled. This nostalgic lot is expected to fetch $4,900-5,700.

Another lot certain to attract bidders is a group of limited edition Springbank whiskies. Bottled for the millenium at five year intervals from 25 to 50 years maturation in the cask, the lot is comprised of Springbank 25, 30, 35, 40, 45, and 50 year old. The six bottle lot carries an estimate of $3,000-5,000.

Macallan 1946Two 1940s Macallan’s will also highlight the sale. Accompanied by a miniature for sampling purposes, the 1948 Macallan Select Reseve 51 year old is estimated at $3,500-$4,500. The 1946 Macallan Select Reserve 52 year old (pictured left) is numbered 536 and is expected to bring $2,000-2,300.

Also cause for excitement is an 18 year old Bowmore. Estimated at $3,300-4,100, this rarely seen bottle was distilled and bottled by Sherriff’s Bowmore Distillery in the 1950s. 

Other notable lots to be offered are a rare, limited edition 1963 Laphroaig 40 year old (est. $1,100-1,500); a limited edition Aultmore Centenary 16 year old only available to employees of the distillery (est. $900-1,200); and a 1963 Bowmore, bottled especially for a dinner at Chateau La Grange marking the 30th Anniversary of Morrison Bowmore’s ownership of the distillery (est. $900-1,200).

“We’re extremely excited to present this collection,” states Director of Whisky, Martin Green. “Not only is it the largest collection ever to come to auction; it is also distinguished by the fact that Folsom bought multiples whenever possible, which allowed him to take pleasure in actually drinking many of these bottles- highly unusual for a collector.”

 The sale will take place on December 17th at 4PM EST. The illustrated auction catalog for the sale will be online at www.bonhams.com/us in the weeks preceding the auction.  For more information about the department, please visit www.bonhams.com/newyork.

Category: Auctions,Special events Tags: 6 Comments

October 28th, 2009

Two upcoming spirits auctions featuring rare whiskies

John Hansell

The first one is by Christie’s, in New York City, on November 14th. It includes the most recent Bowmore Trilogy (Black, White, and Gold), along with many rare whiskies from Park Avenue Liquor. The press release:

A LANDMARK EVENT FOR COLLECTORS OF FINE SPIRITS:
THE 1964 BOWMORE® TRILOGY TO BE OFFERED FOR THE FIRST TIME EVER IN THE UNITED STATES

CHRISTIE’S NOVEMBER 14 AUCTION OF FINE WINES AND SPIRITS IN NEW YORK TO FEATURE A CAREFULLY-CURATED SELECTION OF WHISKY, COGNAC, BOURBON, ARMAGNAC, RUM AND MORE

goldbowmoreNew York – With the winter season fast approaching, Christie’s is delighted to announce its November 14 sale of Fine Wines and Spirits, with a special selection of spirits that are sure to ward off the chill of cold days to come.  Over 40 lots of carefully-curated whisky, bourbon, cognac, armagnac, and rum will be offered from prominent sources, including the Park Avenue Liquor Shop, one of the most respected spirits retailers in the country. 

In addition, Christie’s is honored to have been selected as the first U.S. sales site to offer the exceedingly rare 1964 Bowmore® Trilogy (pictured above) direct from the Bowmore distillery in Scotland.  An exceptional selection of fine and rare wines rounds out the sale, with recent and mature vintages of Bordeaux and Burgundy in great supply, along with collector favorites from California, Italy, the Rhône Valley, and Champagne (separate press release available).  The total sale of wine and spirits includes over 800 lots and is expected to realize in excess of $2.1 million.

View our latest wine sale catalogues online here:
http://www.christies.com/departments/wine/wine-ecatalogues.aspx

 

The second one is by Bonhams in Edinburgh on November 18th. This one features a rare Dalmore Oculus (pictured), along with the 3,000 plus bottle collection by deceased whisky enthusiast Willard S. Folsom. Details from their press release:

BONHAMS SELLS ONE OF THE WORLD’S MOST VALUABLE WHISKIES, THE DALMORE OCULUS, IN 18TH NOVEMBER WHISKY SALE
 
Bespoke bottling created to celebrate the 20th Anniversary of whisky auction sales
 

The Dalmore Oculus low resAs part of Bonhams Edinburgh’s highly-anticipated November 18th Whisky Sale, whisky enthusiasts will have the unique opportunity to purchase an exceptional one-of-a kind The Dalmore Oculus, amongst other distinguished whiskies.
 
This rare and unique Dalmore Oculus is one of the most precious whiskies to ever appear at auction. It is both the first and last of its kind, assembled from some of the most exceptional whiskies of the past 140 years and is thus estimated to sell for a staggering £15,000-20,000.
 
Due to its rarity and depth of stocks The Dalmore has long been recognised as a brilliant single malt. Jim Murray, whisky guru comments it is “one of the world’s greatest and undervalued distilleries”.
 
This particular unique expression of the Dalmore Oculus was created by master-distiller Richard Paterson, drawing on some four decades of experience. With his intimate knowledge of the stocks, Richard Paterson fused an incomparable and brilliant assemblage, beginning with a rich spicy and orange zest core from cask 1781 (distilled in 1951), trace elements of the taste and smell of dried fruits, ripe bananas, treacle toffee and almonds from an original fifty year old are added to develop complexity. Alongside these elements, rare malts selected from vintages distilled in 1868, 1878, 1922, 1926 and 1939 add a depth of flavour. Finally, to intensify the whisky, an incredibly intense oak, spice and bitter dark chocolate long matured distillate from cask 1782 is added to the mix alongside the whisky’s ‘capstone’: a judicious amount of the revered 64 year old, proffering notes of coffee, aromatic spices and citrus zest.
 
Such alchemistic artistry creates a peerless whisky fusion, which is beautifully presented in a precious Baccarat crystal decanter. This exceptionally crafted bespoke decanter is decorated with an intricate solid silver iconic stag standing alongside the name of this extraordinary whisky.
 
Richard Paterson, master distiller at The Dalmore said: “Beauty is in the eye of the beholder and The Dalmore Oculus is without doubt a truly exceptional expression. This is the most exquisite expression I have personally crafted with all the loving reference it so richly deserves to seduce the most discerning and sophisticated plates imaginable. I am confident it will appeal to epicureans, investors and collectors”.
 
Alongside the Dalmore Oculus, Bonhams will also be selling the first section of the largest single-owner collection of whisky ever to appear at auction. The 3,000-strong Willard S Folsom Collection of Old and Rare Single Malt Whiskies has been amassed over an 18-year period and features wide ranges of Ardbeg, Bowmore, Dalmore, Glenfiddich, Laphroaig, Springbank, Kinclaith, Killyloch, Ben Wyvis, Glen Grant, Glenmorangie, The Glenlivet, Strathmill, Mortlach and The Macallan.
 
Martin Green, Bonhams Whisky Specialist comments: “The 18th November Whisky sale is the most interesting to take place over a 20 year period and marks the 20th Anniversary of Whisky Auctions. The inclusion of the Dalmore Oculus is an exciting addition to this high quality sale. The Folsom Collection being sold in Edinburgh, Hong Kong and finally in New York in December makes this a very interesting and progressive year for Bonhams Whisky Sales”.
 
For Bonhams enquiries please call 0870 0273622

There are some pretty special whiskies in both collections.

Category: Auctions,Bourbon,Events,Scotch whisky,Special events,Specialty retailers Tags: , 8 Comments

August 27th, 2009

Rare whisky collection to be auctioned

John Hansell

It was amassed by whisky collector Willard Folsom, who passed away recently. It is said to includes 3,000 whiskies. The auction will be in November at Bonhams, according to this recent article in the Herald.

I looked on the Bonhams site for details, but couldn’t find any. (Maybe I just wasn’t looking in the right place.)

Category: Auctions,Scotch whisky Tags: 9 Comments

June 18th, 2009

Details from yesterday’s Bonhams Whisky Sale

John Hansell

Busy day today. Here are the details of Bonhams Whisky Auction yesterday. It included some classics.

NOT A DRAM LEFT AFTER YESTERDAY’S BONHAMS WHISKY SALE
 
 A packed saleroom of high-spritied bidders from all over the world competed vigorously for the 355 lots on offer yesterday at Bonhams Whisky Sale in Edinburgh. With hundreds of absentee bids already in place prior to the sale commencing, an astounding 100% of lots had sold by the end of the day.
 
The high demand for quality single malt and blended whiskies by international investors and collectors confirmed that growth in the market contiues to expand healthily, with the total sale reaching well over a staggering £138,000.
 
Among the top performing brands were Ardbeg, Bowmore, Highland Park, Glenfiddich, Glenfarclas, Port Ellen, The Macallan and Springbank.
 
Highlights of the sale included a rare miniature of Springbank-1919 £1500, Black Bowmore-1964 £3000, The Macallan-1938 £1800, The Macallan-1950 £1020, The Macallan-40 year old £3600, Springbank-1958 £960, Laphroaig-40 year old £1200, Port Ellen Maltings-21 year old £1620, Bowmore-35 year old-1964 £2760, Macallan-1946 £1800 and Glenfiddich-40 year old £2040.
 
Bonhams Whisky specialist Martin Green, says: “This is one of the most successful whisky sales on record with the highest percentage of lots sold in the 20 year history of whisky auctions.”
 
The next upcoming Whisky sale will be a selection of quality whiskies, forming part of the tenth anniversary of Bonnhams Scottish sale in Edinburgh from 18th – 21st August.
 
Catalogues for upcoming whisky sales are published on our website and may be ordered (£10) on 01666 502200 or subscriptions@bonhams.com
 
Enquiries on 0131 225 2266 or martin.green@bonhams.com

Category: Auctions,Events,Scotch whisky Tags: No Comments



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