Whisky prices have been skyrocketing for the past ten years.. In the late 1970s, bottles like the Macallan 50 Year Old were considered a “poor man’s drink” since they couldn’t be given away. Today, however, they are worth at least $50,000 per bottle.
In addition to a large number of Japanese Whiskies with values ranging from $100,000 to $950,000, there are some single bottles of Scotch Whisky that are worth over $1 million. As a specialist in luxury whisky, I can say with confidence that American whisky is the next market to explode, with bottles currently costing between $10,000 and $70,000.
Where Should Whisky Be Stored?
Any expensive high-end whisky should be kept in a cold storage facility, but if there isn’t one near you, keep it in the coolest room in your home. This will make sure that no evaporation, or “angel’s share” as industry insiders refer to the alcohol evaporation that ascends to the Heavens, is taken away, lowering the value of the bottle.
How is storing whisky different from wine
Whisky bottles must be stored upright, unlike wine bottles. In order to minimise sediment buildup in the bottle and to keep the cork moist until it is time to open it, wine can and should be placed on its side. With whisky, the converse is true. The high alcohol content of a bottle will dissolve the cork if it is placed on its side, allowing the whisky to leak out of the bottle.
To protect the labels, try to store the bottles in a dark location. This will also have a significant effect on the whisky’s future value because, understandably, labels in perfect condition are worth far more than those that are damaged.