Spirits are creating buzz for breaking records in auction for their selling price. On Friday (17th August), a rare bottle of 50-year-old Yamazaki became the most expensive Japanese bottle ever sold at auction, hauling in a price of approximately $343,000.
Yamazaki is Japan’s oldest whisky distillery, established in 1923, has only released its 50-year-old expression on three occasions, in 2005, 2007, and 2011, and this record-breaking bottle is one of just 50 from that first edition release, making it especially coveted.
According to Bonhams in Hong Kong, where the auction occurred, the record-breaking bid was placed by an Asian phone bidder who asked to remain otherwise anonymous.
“The Yamazaki 50-year-old is a very rare and special whisky, and I am expecting a lot of interest from collectors,” Daniel Lam, Bonhams’ head of fine wine and whisky in Hong Kong, said in a statement before the auction when the bottle still had a more modest presale estimate of somewhere between about $229,000 and $306,000.
Yamazaki sale certainly was impressive, it still pales in comparison to the highest price paid for a bottle of whisky produced anywhere in the world which was claimed by a bottle of The Macallan Valerio Adami 1926 60-Year-Old Scotch that sold for just over $1.1 million in May.