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WHISKY JOURNAL

WHISKY JOURNAL

All the ‘Proof’ You Need That Whisky really is a Good Investment

All the ‘Proof’ You Need That Whisky really is a Good Investment

It’s a bit of a cliché, yet the old English proverb is also annoyingly true; “Make hay while the sun shines’.  And that is exactly what The Daily Record reported Graham Burns from Glasgow, Scotland having done, and it paid off in the most literal sense.

 

When his son was born in 1996, Graham decided to invest in a couple of bottles of whisky, thinking that he would present them to his son on his 21st birthday for him to either drink or sell.  However, as luck would have it, the special birthday came and went without the envisaged grand whisky presentation, as Graham had put the bottles up in a cold section of his attic where they remained, forgotten.

A crucial moment of recollection

That was until, in February 2019 Graham’s wife advised him that a huge credit card bill had come in. Finding themselves in a very difficult financial situation and struggling to clear the debt, it was a fortunate moment for Graham to remember the whisky stored in the attic; a bottle of Macallan 30-year-old Sherry Cask Blue and a bottle of 18-year-old 1979 Macallan Gran Reserva.

After having the whisky valued by the whisky retailer ‘Old and Rare Whisky’ John was delighted when they purchased them for £6,000.  The return on his investment enabled him to pay off the debt and restore his and his wife’s financial security.

More common than you think

John McIlvogue of Old and Rare Whisky thinks there could be thousands of people with valuable whisky hidden away, forgotten, often only coming to light when someone passes away. They had recently sold a £20,000 bottle of Black Bowmore single malt to a client in China, which purchased solely for the purpose of consumption rather than investment. 

“The term liquid gold has never been more true. People with high disposable income buy something and put it away, or drink it.” – John McIlvogue.

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