In a world fearing rising inflation and a cost of living crisis, Whisky is once again proving its mettle, selling for record values. With a cask of Macallan recently selling for over a million pounds at auction, Whisky is regularly making the news as people seek alternative investments.
The record-breaking £1m cask was incredibly forgotten by its owner. After being reminded by the distillery about his 1989 purchase, the Macallan Butt went on to sell in an online auction to a private investor from America. This incredible story, which you can read here, was the second cask investment to make the headlines after Rodger Parfitt had sold his own casks to Whisky Investment Partners, returning an incredible 4600%. Both casks are fantastic examples of the capital free gains long term Whisky investment can produce.