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College-educated women are snapping up the highest-earning men without college degrees, leaving the rest further behind

2

The millennial generation is split in 2: an older crowd with boomer-style comfort, a younger set going 'back to the early 1900s'

3

An 11-year-old is cleaning his neighbors' trash cans for $10 each—he now has 100K followers as teens face the worst summer job market since 1948

One Shot of This Whisky Costs $65,000

By
Chris Morris
Chris Morris
Former Contributing Writer
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By
Chris Morris
Chris Morris
Former Contributing Writer
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May 21, 2018, 11:43 AM ET
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Whisky drinkers have always been willing to pay a premium for quality, but a pair of sales in Hong Kong late last week have set the bar exceptionally high.

Bidders on a rare 60-year-old bottle of Macallan ran the price up to a record-setting $1.01 million, more than twice the expected amount. Later that night, another bottle from that same batch went for $1.1 million—a little more than $14,666 per centiliter.

For perspective, that means a standard shot of the whisky (1.5 oz) from this bottle would cost you $65,062. (A “wee dram”—1/8th of an ounce—would run $5,422.)

Released in 1986, only 12 bottles of this particular Macallan were ever made. The whisky spent 60 years aging in a cask.

Whisky prices have soared since 2011, outperforming rare wines by a wide margin. And top shelf whisky makers have certainly been taking advantage of that. The Dalmore released a $12,500 bottle of Scotch earlier this year. And Macallan unveiled a $9,000 bottle.

But nothing has come close to Friday’s auction. The previous record was set in 2014, when a buyer paid over $624,000 for a six-liter bottle of 60-year-old Macallan, a bottle that was eight times larger than the bottle sold this year.

The buyer might want to have the purchase verified, though. Last year, a Chinese writer paid $10,500 for a dram of “vintage” whisky that turned out to be a fake.

About the Author
By Chris MorrisFormer Contributing Writer

Chris Morris is a former contributing writer at Fortune, covering everything from general business news to the video game and theme park industries.

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