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Saturday, 8 October 2022

ANGOSTURA BITTERS

 THE HISTORY OF ANGOSTURA BITTERS

Creating wonderful layers of flavour and bringing balance to cocktail and food recipes since 1824, ANGOSTURA Bitters are a mainstay behind the bar and in kitchens across the globe. Made with the same original secret recipe since 1824, the world-famous Angostura Bitters was originally used as an elixir to cure soldiers’ stomach ailments.  The first cocktail recipe calling for Angostura Aromatic Bitters was published in 1831. The rest is history.


The story of Angostura Aromatic Bitters is a journey through time. It started in 1824 when founder Dr. Johann Siegert first produced Aromatic Bitters as a medicinal tincture designed to alleviate stomach ailments. In the 1870s, Dr Siegert’s three sons migrated to Trinidad, among them Don Carlos Siegert, who pioneered the brand, establishing Angostura Aromatic Bitters as an integral ingredient in cocktails and in food. The rest, as they say, is history. Angostura  Aromatic Bitters is today a staple for bartenders and cocktail enthusiasts, professional and home cooks alike, bounded only by the creativity and imaginations of those who use it.

Born in 1796, Johann Gottlieb Benjamin Siegert, (later Dr Johann Siegert), would become a pioneer in the Bitters industry. Dr. Siegert lived in the town of Angostura, Venezuela with his family, moving there from Germany in 1820 to serve as the Surgeon General of the armies of Simón Bolívar. By 1824, he perfected the formula for "AMARGO AROMATICO" used in his medical practice as a medical elixir for soldiers.

In 1850, Dr Siegert began exporting Angostura Aromatic Bitters to England, the Caribbean and the USA. A few years earlier, the first cocktail recipe was published, calling for the use of Bitters. Dr Siegert's timing was perfect. Hovering on the cusp of the Golden Age of the Cocktail, the use of Angostura Aromatic Bitters as a key ingredient in cocktails was about to take the world by storm.

By 1875 the family business moved to Trinidad and was run by Carlos, Alfredo and Luis Siegert, sons of Dr Siegert, under the name J.G.B Siegert & Hijos. Bitters manufacturing commenced in Port of Spain, Trinidad. Angostura Aromatic Bitters was awarded the Medal of Excellence in Vienna, Austria in 1873, and a gold medal for Product Excellence at the World Trade Fair in Philadelphia, USA in 1876. The use of Bitters in cocktails also continued to grow, with the Manhattan being created in 1874.

By 1900, in the midst of the Golden Age of the Cocktail, Angostura Aromatic Bitters was firmly rooted in the cocktail cultures of the USA, UK and Europe. The phenomenon of "American Bars" such as the iconic Savoy Hotel in the UK (1880), and the legendary Ritz Hotel in Paris, France (1898) brought classic cocktails, and their popularity among the "glitterati" of the time, into a permanent part of global history. Cocktails such as the Old Fashioned and the Manhattan rose in popularity.

Carlos Siegert died in 1903, leaving Alfredo Siegert and his youngest brother, Luis, in possession of the formula and the firm. Under their direction, Angostura Aromatic Bitters continued to flourish. By 1904, Alfredo Siegert was appointed purveyor of Angostura Aromatic Bitters to Wilhelm II, the King of Prussia and in 1907 to King Alfonso XIII of Spain.

The Pure Food & Drug Act in the US (1906), had a huge impact on the Bitters industry. Bitters were no longer sold as unregulated patent medicines. Ingredient labels had to be clear, words like "cure" were removed from labels, lower alcohol limits were put in place, and the Bitters business took a blow from which it never fully recovered. Angostura Aromatic Bitters, however, remained strong, as its use had already changed to meet the needs of the time.

By 1912, the partnership of J.G.B Siegert & Hijos was converted into a public limited liability company registered in England. The company was also appointed direct supplier of Angostura Aromatic Bitters to King George V. By this time, such cocktail classics as the Pink Gin, the Champagne Cocktail, Old Fashioned, the Manhattan, the Daiquiri, the Martini, among a range of others were highly popular.

The first recorded "Cocktail Party" was held in 1917. Mrs Julius S. Walsh Jr. of St. Louis, Missouri, was reported to have invited 50 friends over to her mansion for a 1-hour party of drinking and merriment which she termed as “a Cocktail Party.” A variety of drinks were served, among those, some Angostura Aromatic Bitters mainstays, such as Martinis and Manhattans. This idea was seen as an “innovation,” and Mrs Walsh even received public praise for the idea in the newspapers.

Surviving a time of war and conflict, a dramatically changing social fabric, and the inception of the Age of Prohibition in the USA, Angostura Bitters (Dr J.G.B Siegert & Sons) Limited was formed on August 30, 1921. In 1992, the company changed its name to Angostura Limited, the name it goes by today.

By 1933, the "Noble Experiment" came to an end, forging the way for an expanded range of classics enjoyed by then celebrities and socialites who could afford the risk and luxury of social drinking. While Prohibition raged in the US, many flocked to "friendlier" climes such as Europe leading to the growth of cocktail cultures outside of the USA. The publishing of the Savoy Cocktail Book in 1930 brought many of these classics and contemporary cocktails into wider popularity.

At the close of Prohibition, a new phenomenon came to life in the USA - Tiki culture - a direct offshoot of wartime rations on spirits, and President Roosevelt's "Good Neightbour" policy, which opened trade with Latin America, Cuba and the Caribbean, and welcomed an era of Rum and Rum cocktails. The Mai Tai created by Trader Vic in 1944, and the Queens Park Swizzle in Trinidad in 1946 are prime examples of exemplary cocktails created at the time in celebration of rum and Angostura Aromatic Bitters.

While cocktail culture continued to evolve globally, the Angostura Aromatic Bitters business continued to thrive. In 1955, the company was appointed manufacturer of Angostura Aromatic Bitters to Queen Elizabeth II. Today, the brand remains the only Bitters brand in the world that can present such credentials.

Promoted as a flavour enhancer for both food and cocktails since the 1920s, the popularity of Angostura Aromatic Bitters in culinary applications surged in the 1960s. The launch of "The Secret of Good Taste: The Angostura Cookbook" championed the practice of adding a dash of Bitters to everyday cooking to give it a splash of international flair.

By the 1980s, there was a revival in the use of Bitters in bars around the world. Cocktail contemporaries such as New Yorker Dale DeGroff drove the rebirth of cocktail culture by reviving vintage cocktail recipes – most of which included AngosturaAromatic Bitters. In London, the cocktail scene also enjoyed a renaissance, particularly thanks to Dick Bradsell and to the vibe at the Atlantic Bar, which became one of the British capital's trendiest places.

Angostura orange Bitters was launched worldwide as the company's first innovation in almost 200 years. Today, it is considered as one of the best orange Bitters on the market. ANGOSTURA orange Bitters is the soul of an exceptional dry martini. It is a versatile Bitters that works incredibly well with vodka, gin and whisky, and adds real depth of flavour to rum cocktails. Its complexity and layers of flavour also make it a culinary must-have ingredient.

A product inspired by Don Carlos Siegert, the bon vivant son of Angostura’s founder J.G.B. Siegert. Launched with great success in 2014, Amaro di Angostura is one of the latest innovations of the House of Angostura. Amaro di Angostura is a deep amber colour, offering aromas of cinnamon, dark chocolate and unmistakable Angostura Aromatic Bitters, made with the Amaro lover in mind.

AWARDS

Angostura Bitters is the World’s Top Selling and Trending Bitters

The world’s best bars have spoken, and they’ve named Angostura Aromatic Bitters and Angostura Orange Bitters as their top Bitters brands.

Drinks International, one of the most trusted and respected global drinks journals, has released its prestigious Annual Bar Report 2018 and Angostura has swept the Bitters category, winning the awards for the “Number 1 Selling Bitters” and the “Number 1 Trending Bitters,” respectively.

In a market that’s becoming ever more crowded and competitive, Angostura orange Bitters is proving to be a winner with consumers. That’s the verdict handed down at the prestigious annual Spirits International Prestige (SIP) Awards, announced in July where the iconic Bitters brand took the Platinum Medal.

IN CLOSING

Bitters create wonderful flavour layers and bring balance to drink and food recipes in just a few magical dashes. Angostura Aromatic Bitters is classic and impressively versatile and is a must-have ingredient in bars and kitchens. In existence since 1824, expert blending knowledge has led to the creation of Angostura orange Bitters and Amaro di Angostura. These innovations continue to drive the creativity and imagination of bartenders and chefs around the world.

Aromatic 

“A cocktail cabinet without Angostura is like a kitchen without salt and pepper.” Angostura aromatic  adds a layer of complexity, intensifies the flavour of other ingredients, counteracts the harshness of acidic contents and decreases the harshness of spirits. But it doesn’t stop there – it also helps cleanse the palate and aid in digestion. Ever had an Old Fashioned, Manhattan, Pink Gin or Mai Tai? Then you’ve experienced Angostura aromatic. It’s the can’t-miss bottle behind the bar, featuring an oversized label and distinct yellow cap.

KEY FEATURES:

  • Respected and recognised as the leader in aromatic worldwide; no bar or kitchen is complete without it.
  • Drinks International Annual Bar Report 2018 has named Angostura the “Number 1 Selling ” and the “Number 1 Trending,” respectively in the category.
  • Unique flavour enhancer (seasoning) for the preparation of alcoholic and non-alcoholic beverages, as well as, any savoury or sweet food dishes.
  • Sodium and Gluten-Free.
  • Exported to 165 countries worldwide.
  • Kosher certified.
  • Tempers the acidity of citrus ingredients for individuals who are acid sensitive, calming the stomach.
  • Classified as a food ingredient in many countries.
  • Although the product contains 44.7% alcohol by volume, each dash contains an insignificant amount of alcohol and therefore remains non-alcoholic.
  • 100% vegan.

Orange

Made from its own special recipe, Angostura orange is a complex blend of tropical oranges and spices. “The soul of an exceptional dry martini”; it is wonderfully versatile and pairs perfectly with vodka, gin and whisky. It also adds a depth of flavour to rum cocktails. Its complexity and layers of flavour also make it a culinary must-have ingredient. The perfect accompaniment to savoury sauces, seafood and chocolate.

KEY FEATURES:

  • Similar iconic packaging as the mother brand, Angostura aromatic.
  • Superior quality and flavour when compared with any other orange.
  • Angostura orange is made from its own special secret recipe and does not contain any of the ingredients in ANGOSTURA aromatic.
  • Drinks International Annual Bar Report 2018 has named Angostura the “Number 1 Selling ” and the “Number 1 Trending,” respectively in the category.
  • A direct and convenient substitute for orange zest in all food and drink recipes.
  • The original 1930s classic Gin martini calls for orange.
  • Kosher certified.
  • Sodium Free.
  • Best when used with clear spirits such as Gin, Vodka and White Rum but not limited to this.
  • Essential in savoury sauces such as barbeque and remoulades.
  • Excellent in savoury dishes, seafood in particular (shrimp and shellfish).
  • Use in soups and gravies.
  • Natural accompaniment to chocolate.
  • Best matched with desserts such as fudge, jams/jellies and ice cream.

Cocoa

Few flavours delight one’s palate in a way that leaves you wanting more. None more so than the rich taste of cocoa! Angostura, celebrated worldwide for its rich history in creating aromatic and orange, has expanded its renowned collection to include Angostura cocoa. They only use the world’s finest, the Trinitario cocoa from Trinidad and Tobago. This, paired with 200 years of unparalleled expertise has resulted in this truly decadent, indulgent new flavour. Top notes of rich bitter, floral, nutty cocoa with a bold infusion of aromatic botanicals provide endless possibilities to remix classic cocktails and put a luxurious spin on the main dish or a sweet treat. Trinidad and Tobago is one of the few countries designated as a 100% fine or flavour cocoa producer. A status it has held for decades.

KEY FEATURES:

  • Similar iconic packaging as the mother brand, Angostura aromatic.
  • Angostura cocoa adds both sumptuous diversity to the range and an intriguing combination of flavour innovation and natural ingredients.
  • Crafted to inspire creativity and experimentation with flavour combinations, this new product is ideal for use in both professional and at-home settings, and for sweet and savoury applications.
  • Sodium Free.
  • Kosher certified.
  • It pairs perfectly with sweet vermouth or aged spirits, like whiskey, rum, cognac and tequila. Puts a luxurious spin on the main dish or sweet treat.
  • Adds new layers of depth and complexity to classic cocktails, such as the espresso martini.
  • However, you choose to enjoy it, Angostura cocoa will elevate your creation.

Amaro di Angostura

The latest innovation from the House of Angostura. Amaro di Angostura is derived from the bespoke process used in creating the House of Angostura’s iconic aromatic. It is a deep amber colour, offering aromas of cinnamon, dark chocolate and unmistakable Angostura aromatic. The finish is perfectly balanced, exotic, lush and reminiscent of the essence of Trinidad and Tobago’s pulsating rhythms, tropical climate and beauty. This beautiful liqueur can be enjoyed over ice, is splendid on its own and offers delicious harmony in a cocktail.

KEY FEATURES:

  • Amaro di Angostura is derived from the bespoke process used in creating the House of Angostura’s iconic aromatic.
  • Produced by blenders of the House of Angostura who have more than 70 years of blending expertise among them.
  • The House of Angostura blenders combined Angostura Aromatic with a neutral spirit and added more spices until a magnificent herbal liqueur was created.
  • The spirit, spices and bitter herbs were mixed and then left to marry for 3 months. The result — Amaro di Angostura — is an elevation of a classic liqueur to an entirely new world dimension to the category.
  • Amaro di Angostura can be enjoyed over ice, is splendid on its own and offers delicious harmony in a cocktail.

Sunday, 2 October 2022

INTERNATIONAL WHISKY COMPETITION

 2022 International Whisky Competition

Official Results

The 13th Edition of the International Whisky Competition took place in the beautiful mountain town of Estes Park, Colorado. Only one Gold, one Silver, and one Bronze medal were awarded per category (unless tied), in keeping with their stated policy. Whiskies rated below 85 points do not feature in this list.

Whisky of the Year: Aberlour A’bunadh - Batch #70 – (95.8 points)

Distillery of the Year: Ardbeg Distillery – 92.59 Avg/Points

TOP 15 WHISKIES OF 2022

1.    Aberlour A'Bundah - Batch #70 – 95.8 Pts (Speyside, Scotland)

2.    Ardbeg Ardcore – 94.9 Pts (Islay, Scotland)

3.    Dewar's Double Double 32 Year Old – 94.4 Pts (Scotland)

4.    Dewar's Double Double 36 Year Old –  94.3 Pts (Scotland)

5.    Ardbeg Corravreckan –  93.8 Pts (Islay, Scotland)

6.    Ardbeg Uigeadail –  93.6 Pts (Islay, Scotland)

7.    Dewar's Double Double 27 Year Old –  93.55 Pts (Scotland)

8.    W.L. Weller Special Reserve –  93.48 Pts (Kentucky, USA)

9.    Kavalan Distillery Reserve Peated Cask Strength Single Malt Whisky – 93.43 Pts (Taiwan)

10.  Starward Unexpeated –  93.4 Pts (Australia)

11.  MORRIS Australian Single Malt Whisky Muscat Barrel – 92.9 Pts (Australia)

12.   Glenmorangie Lasanta - 12 Year Old – 92.8 Pts (Highland, Scotland) in a tie with

12.   Ardbeg For Discussion - 8 Year Old – 92.8 Pts (Islay, Scotland)

14.   Kavalan Solist Madeira Single Cask Strength Single Malt Whisky – 92.7 Pts (Taiwan)

15.   Glenmorangie Signet – 92.65 Pts (Highland, Scotland)

SCOTLAND

Best Single Malt Scotch

1st Place: Aberlour A'Bundah – 95.8 Pts

2nd Place: Ardbeg Ardcore  – 94.9 Pts

3rd Place:  Ardbeg Corravreckan – 93.8 Pts

Best New Scotch Release

1st Place: Ardbeg Ardcore – 94.9 Pts

2nd Place: Dewar’s Double Double - 36 Year Old – 94.3 Pts

3rd Place: Ardbeg For Discussion - 8 Year Old – 92.8 Pts

Best Single Malt Scotch NAS (No Age Statement)

1st Place: Aberlour A'Bundah – 95.8 Pts

2nd Place:  Ardbeg Ardcore – 94.9 Pts

3rd Place:  Ardbeg Corravreckan – 93.8 Pts

Best Single Malt Scotch 10 Year Old and Under

1st Place: Ardbeg For Discussion - 8 Year Old – 92.8 Pts

2nd Place: Ardbeg Wee Beastie - 5 Year Old – 92.3 Pts

3rd Place: Glenmorangie The Original - 10 Year Old – 91.6 Pts

Best Single Malt Scotch 12 Year Old

1st Place: Glenmorangie Lasanta 12 Year Old – 92.8 Pts

2nd Place: Glenmorangie The Accord 12 Year Old – 91.7 Pts

3rd Place: Aberlour 12 – 90.9 Pts

Best Single Malt Scotch 13-14 Year Old

1st Place: Glenmorangie Quinta Ruban 14 Year Old – 92.2 Pts

2nd Place: Ardbeg Fermutation 13 Year Old – 90.8 Pts

3rd Place: Glenmorangie Elementa 14 Year Old – 89.7 Pts

Best Single Malt Scotch 15 Year Old

1st Place: Glenmorangie Cadboll Estate Batch 2 - 15 Year Old – 91 Pts

2nd Place: The Glenlivet 15 Year Old – 87.7 Pts

3rd Place: Bowmore 15 Year Old – 87.5 pts

Best Single Malt Scotch 16-17 Year Old

1st Place: Glenmorangie The Tribute 16 Year Old – 90.9 Pts

2nd Place: Aberlour 16 – 88.9 Pts

3rd Place: Glenfarclas 17 Year Old – 87.5 Pts

Best Single Malt Scotch 18 Year Old

1st Place:  Aberlour 18 – 90.7 Pts

2nd Place: The Glenlivet 18 Year Old – 90.3 Pts

3rd Place: Glenmorangie 18 Year Old - Extremely Rare  – 89.8 Pts

Best Single Malt Scotch 19-25 Year Old

1st Place: Ardbeg 25 Year Old – 92.45 Pts

2nd Place: Ardbeg Traigh Bhan 19 Year Old (Batch 3) – 91.8 Pts

3rd Place: Glenmorangie 19 Year Old - Finest Reserve – 90 Pts

Best Peated Single Malt

1st Place: Ardbeg Ardcore – 94.9 Pts

2nd Place: Ardbeg Corravreckan – 93.8 Pts

3rd Place: Ardbeg Uigeadail – 93.6 Pts

Best Islay Single Malt

1st Place: Ardbeg Ardcore – 94.9 Pts

2nd Place: Ardbeg Corravreckan – 93.8 Pts

3rd Place: Ardbeg Uigeadail – 93.6 Pts

Best Highland Single Malt

1st Place: Glenmorangie Lasanta 12 Year Old – 92.8 Pts

2nd Place: Glenmorangie Signet – 92.7 Pts

3rd Place: Glenmorangie Quinta Ruban 14 Year Old – 92.2 Pts

Best Speyside Single Malt

1st Place: Aberlour A’Bunadh – 95.8 Pts

2nd Place: Aberlour A’Bunadh Alba - Batch 4 – 92.5 Pts

3rd Place: Aberlour Casg Annamh - Batch 5 – 91.4 Pts

Best Lowland Single Malt

1st Place: Glasgow 1770 Single Malt Scotch Whisky Peated – 89.1 Pts

Best Cask Strength Scotch

1st Place: Aberlour A’Bunadh– 95.8 Pts

2nd Place: Ardbeg Corryvreckan – 93.8 Pts

3rd Place: Ardbeg Uigeadail  – 93.6 Pts

Best Blended Scotch

1st Place: Dewar’s Double Double - 32 Year Old – 94.4 Pts

2nd Place: Dewar’s Double Double - 36 Year Old – 94.3 Pts

3rd Place: Dewar’s Double Double - 27 Year Old – 93.55 Pts

Best Blended Scotch 10 Year and Under

1st Place: Dewar’s Ilegal Smooth - 8 Year Old – 91.9 Pts

2nd Place: Dewar’s Portuguese Smooth - 8 Year Old– 91 Pts

3rd Place: Dewar’s Japanese Smooth - 8 Year Old – 90 Pts

Best Blended Scotch 12-15 Year Old

1st Place: Dewar’s 15 Year - Old The Monarch – 89.1 Pts

2nd Place: Dewar’s 12 Year - Old The Ancestor – 87.5 Pts

Best Blended Scotch 16-20 Year Old

1st Place: Dewar’s 18 Year Old  - The Vintage – 89.6 Pts

2nd Place: Chivas 18 Year Old – 88.2 Pts

Best Blended Scotch 21-24 Year Old

1st Place: Dewar’s Double Double - 21 Year Old – 91.43 Pts

Best Blended Scotch 25 Year Old And Over

1st Place: Dewar’s Double Double - 32 Year Old – 94.4 Pts

2nd Place: Dewar’s Double Double - 36 Year Old – 94.3 Pts

3rd Place: Dewar’s Double Double - 27 Year Old – 93.6 Pts

Best Blended Scotch - NAS

1st Place: Dewar’s White Label – 87.5 Pts

2nd Place: William Lawson's Blended Scotch Whisky – 86.7 Pts

3rd Place: Cutty Sark Blended Scotch Whisky – 85.1 Pts

WORLD

Best World Whisky*

1st Place: Kavalan Distillery Reserve Peated Malt Single Cask Strength Single Malt Whisky – 93.43 Pts (Taiwan)

2nd Place: Starward Unexpeated – 93.4 Pts (Australia)

3rd Place: MORRIS Australian Single Malt Whisky Muscat Barrel – 92.9 Pts (Australia)

Best World Whisky - Cask Strength

1st Place: Kavalan Distillery Reserve Peated Malt Single Cask Strength Single Malt Whisky – 93.43 Pts (Taiwan)

2nd Place: Kavalan Solist Madeira Single Cask Strength Single Malt Whisky – 92.7 Pts (Taiwan)

3rd Place: Kavalan Solist ex-Bourbon Single Cask Strength Single Malt Whisky – 92.3 Pts (Taiwan)

All countries are not represented in the above categories. Must score 85 Pts and above to be listed.

Best Indian Whisky

1st Place: Indri - Single Malt - The Three Wood – 89.2 Pts

2nd Place: Amrut Indian Single Malt Whisky – 87.2 Pts

3rd Place: Amrut Peated Indian Single Malt Whisky – 86.7 Pts

THE GOLDEN BARREL TROPHY


Designed in Switzerland and unveiled at Diageo Archive, the Golden Barrel Trophy represents the pinnacle of excellence in whisky making, showcasing two lions holding a whisky barrel. It is cast in bronze with 24K golden leaves on each side of the barrel. The Golden Barrel will be kept by the winner of the Whisky of the Year until next year’s competition and the name of each winner will be engraved in its marble base to commemorate the history of each annual Whisky of the Year. Basically, the Golden Barrel is to whisky what the World Cup is to football.

The winner this year was Aberlour Distillery.

Wednesday, 21 September 2022

SCOTCH AUCTION AT HOLLYWOOD

 Sotheby’s Hollywood AUCTION Nets $2 Million in Sales

OVER 1100 LOTS FROM 91 DISTILLERIES ON AUCTION  

According to Whisky Advocate of May 2022, a time capsule of scotch whisky destined for Hollywood A-listers helped Sotheby’s to stage its largest ever Scotch Whisky auction on May 10. During the financial crash of 2008, an entrepreneur from southern California bought a shipping container of valuable bottles from a struggling U.S. whisky broker who had hoped to sell them to people in the movie industry. Instead, they went under the hammer in New York 14 years later as Sotheby’s auctioned the Hollywood Collection and Part 4 of the Three Continents Collection for a total hammer price of $2,034,100 (Sotheby’s pre-sale estimate was $1,481,750 – $2,063,050).

This one was a true celebration of Scotch, with over 1,100 lots on offer from 91 single malt and grain distilleries representing all regions of Scotland (discover the top 10 distilleries at this sale ranked by hammer price below). It was one of the most comprehensive sales of scotch from closed distilleries in the U.S. for many years, with bottlings from the Inverness distilleries Millburn, Glen Albyn, and Glen Mhor, plenty of Port Ellen from Islay, Convalmore, Dallas Dhu, Imperial, and Caperdonich from Speyside, Glenury Royal and Hillside distilleries in the eastern Highlands, and Littlemill and St. Magdalene from the Lowlands. Only Rosebank was conspicuous in its absence.

Unlike Sotheby’s American Muscle Collection, which sold largely to U.S. buyers, this sale attracted an international audience spread evenly between North America, Asia, and Europe, with 42% of bidders new to Sotheby’s. Around 40% of bidders were younger than 40 years old. Macallan was the focus for the day’s highest prices, though the headline bottles did not break any records. An increasingly rare find at auction this decade, the Macallan Millennium 50-year-old 1949 decanter sold for a hammer price of $32,000, the highest bid of the sale, but that was only the fifth-highest price of the seven of these bottles auctioned internationally since January 2021. Whisky Auctioneer achieved a bid 46% higher than Sotheby’s in January, selling a bottle for $46,811.

THE MACALLAN MILLENIUM WITH STOPPER

The Macallan Fine & Rare 50-year-old 1952 Cask No. 627 attracted a hammer price of $26,000 at Sotheby’s, slightly up on Sotheby’s performance of $24,000 or so in recent years, but again, an online auction solicited a bid 25% higher at $32,552 for the same bottle eight days earlier. The other end of the scale proved far more interesting, where there were some amazing vintage bottlings sold at bargain prices. A bid of $150 could secure a bottle of Singleton of Dufftown 28-year-old or a bottle of Campbeltown Loch 25-year-old blended scotch, while $200 was sufficient to pick up a Glenrothes 1984, a bottle of Gordon & MacPhail Speyburn 18 year old 1971, or for single grain fans, a bottle of Cadenhead’s Dumbarton 32 year old 1962. For lovers of 20th-century Scotch, Sotheby’s was definitely the place to be.

    TOP 10 DISTILLERIES BY HAMMER PRICE FOR INDIVIDUAL BOTTLES

BOTTLING

HAMMER PRICE

Macallan Millennium Decanter 50 year old 1949, 43%

$32,000

Balvenie 50 year old 1937, 42%

$24,000

Bowmore 40 year old 1955, 42%

$20,000

Springbank Millennium Collection 50 year old, 40.5%

$8,500

Whyte & Whyte Clynelish (Brora) 28 year old 1965, 50.7%

$7,000

Highland Park 40 year old 1958, 44%

$6,500

Glenfarclas 1953 The Coronation, 51.1%

$5,000

Glendronach Single Cask 43 year old 1971, 48.6%

$4,000

Ardbeg Provenance 1974, 54.7%

$3,200

Auchentoshan 44 year old 1966, 40.9%

$2,800


This is a copy of Sotheby’s Hollywood Ending Nets $2 Million in Sales.
MAY 16, 2022 | JONNY MCCORMICK


OTHER AUCTIONS: HONG KONG

72-yr-old single malt fetches over $54,000 in HONG KONG auction

This was the first time that a 1948 Glen Grant whisky, by independent bottler Gordon & MacPhail, was offered in an auction. The whisky, the oldest from the Glen Grant distillery, was in a Dartington crystal decanter with an American black walnut presentation box.

This 72-year-old bottle of Glen Grant single malt whisky from Scotland fetched more than USD 54,000 in an auction in Hong Kong in May 2021. It was number 88 of 290 decanters bottled by the company and was auctioned off by Bonhams, fetching a price of 421,600 Hong Kong dollars (USD 54,300) including premium. The bottle had a book estimate of 300,000 to 380,000 Hong Kong dollars.

35-year-old Hibiki whisky Kutani ceramic decanter fetches 372,000 Hong Kong dollars (USD 48,000)

Despite the economic uncertainty brought by the pandemic, interest in rare whiskies remains high. Compared to other investment commodities, collectable whisky has done well in the past 10 years with a four-fold increase in prices, according to the whisky specialist at Bonhams. The other whiskies featured in that auction included a 35-year-old Hibiki whisky from Japan in a Kutani ceramic decanter that sold for 372,000 Hong Kong dollars (USD 48,000).

SOTHEBY'S AUCTIONS CLASSIC EXPRESSIONS

 The Timeless Whisky Collection

Sotheby’s New York is to auction what it says is the highest-value whisky collection sold in a single auction in the U.S. Not that this is the largest ever: more sizable collections have been broken up and sold in different locations. This collection, built over many years by an anonymous California-based collector, has been valued at $1.55-$2.15 million and includes over 60 bottles aged 50 years old or above. Bidding is open online and will conclude with a live auction on September 23 at 10 a.m. EDT, as reported by Whisky Advocate.

The highlight of the sale is a complete six-bottle set of the well-known Macallan Six Pillars Collection (Est. $400,000–$600,000), including a bespoke burr elm display podium, and a “Lalique experience” consisting of a stay at Villa Rene Lalique in Alsace and dining at its 2 Michelin Star restaurant for the winning bidder and a guest.

THE MACALLAN SIX PILLARS COLLECTION     

There are plenty of less expensive whiskies to consider; the 497 lots, consisting of 565 bottles, have a median lot estimate of $1,000–$1,300. Single malt scotches from 44 different distilleries are represented among the 512 bottles of scotch whisky. Islay is the most abundant whisky region in this sale with 36% of the bottles, followed by 24% from Speyside and 15% from Campbeltown. Time and age are dominant themes throughout, with the bottles aged 50 years or older originating from 18 single malt scotch distilleries. More than 80 bottles come from 8 closed distilleries in Scotland and Japan. Overall, many of Sotheby’s estimates look rather cautious, so bidders can expect a number of the lots to exceed their high estimates.

A deep dive into the catalogue reveals a greater number of independent bottlings than official distillery bottlings of scotch whisky (56% vs 44%). Of the independent bottlings, 37% are from Hunter Laing & Co. Ltd, 19% from Gordon & MacPhail, and 16% from Douglas Laing & Co., although the Gordon & MacPhail bottlings are the most valuable independent bottlings by some margin. This collection shows the former owner’s preferences for particular brands and regions, while other distilleries are completely unrepresented. There are more than 80 bottles of Springbank, for example, but no bottles of Longrow, Hazelburn, Kilkerran, or Glen Scotia from Campbeltown. Nor are there Jura, Kilchoman, or distillery bottlings from Bruichladdich, no grain whisky, no Irish whiskey, and only two blends.

There are over 50 larger bottles on sale (1.5-litre bottles)—large format bottles are popular among wine collectors due to the differences in maturation and scarcity, but those factors are less relevant for whisky collectors, so you simply have twice as much of the same whisky. From Japan, there are a few Karuizawa, Hanyu, and Yamazaki bottlings. From the U.S., there are some Hirsch, Van Winkle, and a reasonable selection of WhistlePig The Boss Hog. Closed distillery bottlings make up 15% of the sale, with 44 bottles of Port Ellen and 23 bottles of Littlemill on offer. Admirably, again, the selection is eclectic to the collector—there are bottles of Dallas Dhu, Glen Mhor, Rosebank, and Kinclaith, yet no St. Magdalene, Glenury Royal, or Convalmore bottlings.  

MACALLAN IN LALIQUE 70 YO DECANTER

Which lots offer the best value? Depending on your budget, look to the Speymalt Macallans at the start of the sale, the Benromach 35-year-old is well-priced (est. $500–$600), and consider picking up the Glenfiddich 40-year-old (est. $2,400–$3,500) given that the new edition will cost $4,600. There are multiples of many bottles, for example; there are four bottles of Glenrothes John Ramsay for sale (est. $500–$750), which cost $1,000 on release in 2009. There are two Gordon & MacPhail Glenlivet 70-year-olds in the sale; the one distilled in 1940 has a low estimate of $6,000, while it’s $22,000 for the other bottle distilled in 1943. There are Port Ellen bottlings with low estimates below $1,000, and I would snap up the Springbank while you can. Undoubtedly, the Timeless Whisky Collection at Sotheby’s offers both the strategic single malt scotch collector and the discerning drinker plenty of scope to acquire a number of fine bottles and take them home to enjoy.

THE PROUD COLLECTION: TEN MOST EXPENSIVE LOTS BY ESTIMATE

 

        BOTTLING

LOW ESTIMATE

HIGH ESTIMATE

1

The Macallan in Lalique Six Pillars Collection (6 bottles)

$400,000

$600,000

2

The Macallan in Lalique 72 YO Genesis Decanter

$70,000

$90,000

3

Black Bowmore The Last Cask 50 YO

$38,000

$55,000

4

Bowmore 1961 50 YO

$32,000

$50,000

5

The Macallan 1949 50 YO Millennium Decanter

$30,000

$40,000

6

Karuizawa Budo Collection 1981 (3 bottles)

$30,000

$40,000

7

The Macallan Fine & Rare 1938 31 YO

$26,000

$35,000

8

Ardbeg Double Barrel 1974 (2 bottles)

$22,000

$30,000

9

Gordon & MacPhail Pvt Collection Glenlivet 1943 70 YO

$22,000

$30,000

10

The Macallan 40 YO 2017 release

$20,000

$30,000

All data and images from Whisky Advocate's Auction Preview 13 Sep 22

Monday, 19 September 2022

SCOTCH WHISKY COSTS TO RISE SKY HIGH

 cost of scotch to double by mid-2023

Latest survey finds 30% of Scotch distillers expect energy costs to double in the next 10 months; with 72 % expecting shipping costs to go up by a further 50%.

Scotch Whisky distillers have called on the new Prime Minister and Chancellor to back the industry in the Autumn Budget by cancelling the planned double-digit tax increase.

The tax burden on the average-priced bottle of Scotch Whisky already sits at 70% due to high rates of spirits duty. A new survey reveals over half of Scotch Whisky distillers have seen their costs double in the last 12 months and expect further increases in the next year.

A survey conducted by the Scotch Whisky Association (SWA) found that 57 % of distillers have seen energy costs increase by more than ten % in the last year, with nearly a third (29 percent) seeing their energy costs double. Nearly 40 % of businesses, which produce the UK’s number one food and drink export, reported shipping costs doubling in the last 12 months, with 43 % also reporting supply chain cost rises of more than 50 %.

The survey also found most distillers see costs rising further over the next year, with 57 %of businesses expecting energy costs to go up by a further 50 % and nearly three quarters (73 %) anticipating another 50 % increase in shipping costs. However, despite rising costs, the industry expects to continue to invest in operations and the supply chain. 57 % of distillers reported an increase in their number of staff in the past 12 months, with all respondents expecting to need to add to their workforces in the coming year.

The Scotch Whisky Association has called on the new Prime Minister and HM Treasury team to commit to supporting the industry by not increasing excise duty in an Autumn Budget.

The Association is of the view that the industry is delivering much-needed growth for the UK economy through investment, job creation and rising revenue to the Treasury. But this survey reveals that distillers are investing in growth despite the economic headwinds and rising costs of business.

The industry has shown remarkable resilience, but this cannot be taken for granted. The Autumn Budget must support the Scotch Whisky industry which is a crucial driver of growth in the economy, particularly across Scotland. UK excise duty on Scotch Whisky and other spirits is already one of the highest in the world, calling for no spirits duty increase in the budget. Any such increase would compound the cost of business pressures companies are facing, add at least 95p of duty alone onto every bottle of Scotch Whisky, and further fuel inflation.

Saturday, 17 September 2022

ARDBEG CASK SELLS FOR GBP 16 MILLION

 RECORD SETTING Cask to be bottled over five years

On 25th November 1975, Scotch history was created at the Ardbeg distillery on the Scottish island of Islay, unknown to the master distiller. In an era when the distillery still malted its barley onsite, a smoky, balanced spirit was laid down in two separate casks ̶ ̶ a bourbon and an Oloroso sherry. For 38 years the casks lay there till in 2014, Bill Lumsden, Ardbeg’s director of whisky creation, decided to marry the two casks. The whisky was transferred to a single refill Oloroso cask– simply named ‘Cask No 3’.

THE SPIRIT WITHIN CASK NO.3 WAS DISTILLED IN 1975

That rare cask of single malt whisky was sold on 11 July 2022 by Ardbeg distillery for a record £16m, breaking the earlier record of £1 million set in just April this year for a cask of 1988 Macallan. Ardbeg said, "Cask No. 3" was bought by an unnamed female collector based in Asia through a private sale. Experts said the sale surpassed all auction records for a single malt cask. The cask is the oldest ever released by Ardbeg, which closed twice in the 1980s and 1990s before being bought by the Glenmorangie Company in 1997.

The Ardbeg spirit, distilled in 1975, contains sufficient spirit to fill 440 70cl bottles, valuing each one at £36,000.

As part of the deal, over the next five years, Islay-based Ardbeg will continue to mature Cask No. 3 in a secure location on Islay for its owner. Every year, she will receive 88 bottles from the cask. By 2026, this Ardbeg enthusiast will possess a unique vertical series of rare Ardbegs from 1975, aged 46, 47, 48, 49 and 50 years old.

The spirit's tasting notes on its aroma say: "Brazil nuts in toffee fill the nose, followed by linseed oil, a suggestion of flowering blackcurrants, sweet, aromatic peat smoke and a hint of tobacco".

Just 25 years ago, Ardbeg was on the brink of extinction, but today it is one of the most sought-after whiskies in the world. Today Ardbeg is the world’s most highly awarded smoky single malt whisky. Since 2008, it has won more than 50 gold and double gold medals in key whisky competitions.

The magic of selling old and rare whisky is that you either have it or you don’t have it. You can’t turn back the clock and distil a 1975-Ardberg in 2022. This whisky has survived close to 50 years. It has taken a lot of patience and care. In the case of this whisky, it’s not just that it’s rare and old but it is also exceptional in quality.

Premiumisation is happening across many categories. People want to drink either the cheapest or the best. Recent times have shown a requirement for increased capacity, as demand exceeds supply. Old and rare whiskey is a finite resource. It can only reduce. Every time someone opens a bottle it is one less. Some people may buy it for an investment and that’s perfectly alright but 99 per cent of what is sold is drunk.

However, there is no denying that rare whisky has become an investment. In 2019, a 60-year-old bottle of a very rare 1926 Macallan single malt fetched nearly £1.5 million. Over the last decade, rare whisky has been the top-performing asset class in the Knight Frank Luxury Investment Index. The index which tracks the sale of rare bottles sold at auction has increased in value by 428 per cent in the last decade and 9 per cent in the last year.




CONSUMPTION OF ALCOHOL CAN BE INJURIOUS TO HEALTH