WHISKY JOURNAL

Son, 28, whose dad gave him Macallan whisky bottle on every birthday flogs collection for £44k to help fund first home

Distillery News The Macallan Distillery

Son, 28, whose dad gave him Macallan whisky bottle on every birthday flogs collection for £44k to help fund first home

Originally Posted: The Sun

September 22, 2020

Photo Credit: The Sun

He decided to buy his son a bottle of single malt Scotch every year, but as the brand became more successful the price went up.

Over the course of Matthew’s lifetime, Pete, who lives in Milnathort, Perth and Kinross, spent around £5,000 on whisky – but the collection has gone up in value quite dramatically.

We told previously how Matthew planned to sell off the whisky to help fund his first home.

And now he has successfully done that, recouping £44,000 to aid him in getting on the property ladder.

He told the BBC: “The situation we’re in at the moment, I couldn’t even have dreamed of, so for that I am extremely thankful.

“Dad’s always said that it can be used as a nest egg, so I am at the time in my life where I’m looking to purchase a flat or a house with my girlfriend.

“The money I’ll get from selling this will go towards a house deposit which, in these uncertain times, is a massive help.”

Dad-of-three Pete was working for a company that manufactured some of the raw materials for Macallan, which made him choose the brand.

The collection he amassed is known as a “vertical” and is very rare.

Pete, who works as a manager for a malting company, said: “Looking at the bottle, I realized that it would be quite interesting to collect 18 bottles over 18 years and then give my son the final bottle, which would be his birth year.

“I also liked the idea that the materials I made would eventually be used in the making of the scotch.

“As time went by, I realised that the collection was starting to appreciate in value considerably and watched the brand with more interest.”

The collection is being sold by brokers Mark Littler Ltd, with every bottle in its original box. It is listed online for offers over £40,000.

Mark said: “In the whisky and wine world, we call a consecutive run of vintages a vertical.”