Monday, August 18, 2014

JAPANESE AND SCOTCH WHISKY SELL-OUT AT BONHAMS HONG KONG

Bonhams Hong Kong continues to take the lead in the sale of rare single malt whiskies in the city, with a successful auction of Japanese and rare whisky held last Friday - August 15th. The 200 lots of Japanese whisky on offer were snapped up with great gusto, resulting in a sell-out with every single lot sold. The whisky sale, which also included 64 lots of Scottish single malts, totalled HK$6,564,898.

Spirited bidding among the whisky aficionados in the packed saleroom and online drove the prices of their favourite malts above their presale estimates, proving that the demand for rare single malt whiskies and in particular Japanese ones remain at an all time high. As expected, the highly collectible Yamazaki-50 year old, one of the rarest and oldest Japanese single malt whiskies of all time and the true connoisseur's dream, fetched HK$257,250, 70% above the presale low estimate of HK$150,000.

Macallan 55 Year Old Lalique crystal decanter sold for HK$294,000

Other prized Japanese whisky scored equally well, with Hanyu Ichiro's Playing Card series from the silent distillery also achieving prices above presale estimates. A set of 'Royal Flush' featuring Ace of Clubs, Two of Clubs, Three of Clubs, Four of Clubs and Five of Clubs sold for HK$159,250. While the set of 'Six Full House' consisting of Six of Hearts, Six of Diamonds, Six of Spades, Five of Hearts and Five of Diamonds achieved HK$100,450.

Collectables from Karuizawa, another renowned Japanese silent distillery, attracted their equal share of bidders. Leading the pack were the Karuizawa Black and White series which sold for HK$116,375 and the extremely rare Karuizawa-1965-21 year old in a crystal decanter which fetched HK$104,125.

The most coveted Scottish single malt remains the Macallan. The top lot of the sale went to a bottle of Macallan 55 Year Old limited edition in a Lalique crystal decanter which achieved HK$294,000 after intense bidding.

Also hotly contested were the extremely rare Macallan 1948 – 51 year old and the Macallan 1951 which sold for HK$153,125 and HK$147,000 respectively.

Not one to rest on its laurels, the Bonhams Hong Kong wine department is actively seeking consignments for the next Fine and Rare Wines, Cognac and Single Malt Whisky Auction to be held on 18 November. Consignments will close on 30 September. More liquid treasures will go to block at the next sale to quench the thirst among collectors for the finest wines, spirits and the 'water of life'.

Source: Bonhams