The Whiskystats Price Update for February 2020
After six months of decline, prices for rare and collectable scotch single malt whisky soar up again. At the same time, the Macallan Archival Folio 5 is flooding the auction platforms. Here is our Price Update for February 2020!
In total, we added 15.600 new price observations to our database. The average price of 640 Euros was drastically higher than what we have seen in the past. Reason for this is that we also included The Perfect Collection Part One auction held on WhiskyAuctioneer.com. These 1944 lots all came from a private collection and included some outstanding releases like the Macallan 60yo (1926) Valerio Adami which sold for more than 1 million Euros! This marks the highest price observation we currently track in our database and of course drove the average price
Our Whiskystats Whisky Index (WWI) however is not driven by those extraordinarily expensive bottles but by the 500 historically most traded whiskies. Nevertheless, in February 2020 those 500 whiskies gained more than 7% in value. After the WWI dropped below 200 index points in December 2019, it now even surpassed its July 2019 value and hence reaches a new all-time peak. Same is true for our Fabulous Fifty collection. These fifty scotch and Japanese single malts are now worth more than 128 thousand Euros again.
If we move on to our distillery indices we see that pretty much all distilleries gained significantly last month. Out of the Top 20 of our ranking only Yamazaki (-0.04%) and Tullibardine (-2.14%) did not see any gains. It were especially the classic scotch whisky distilleries which had the highest increases. Macallan has a plus of 6.7% after its index gave way constantly over the past year. Bowmore made 6.4% too and so did Dalmore. Our Port Ellen index lost more than 18% from April to December 2019. This saw the Islay legend even drop out of the Top 10 collectable distilleries. Over the last two months however, the most traded Port Ellen bottlings gained almost 8% again, which sees the index tackling the 200 points threshold again.
On the very top of our ranking we see Rosebank with 399.86 index points. Exactly one year ago, in March 2019, this index already was at 399.99 points but then dropped back throughout the year. Looks like we now see the second attempt of Rosebank to cross the 400 points. In fact, it is only Hanyu and Karuizawa for which we ever recorded an index beyond 400. So Rosebank could become the first non-Japanese distillery for which the relative changes in value of the most traded bottles accumulated to a plus of more than 300%.
Aside from the above mentioned Macallan Valerio Adami there were of course other outstanding lots last month. The Springbank 50yo (1919) release from 1970, also from The Perfect Collection Part One, fetched almost 240 thousand Euros. There ever only existed 24 bottles of this rare Springbank expression. The Macallan 50yo (1928) Anniversary Malt sold for 120 thousand Euros and the Hanyu King of Diamonds – 1st Series changed ownership for almost 80 thousand Euros. This is almost ten times the price which is currently paid for the “standard” King of Diamonds version.
But it is not only the top-notch prices that attracted some attention last month. The latest installment of the Macallan Archival Series, the Folio 5, was by far the most traded whisky of the month. We observed no less than 288 bottles being sold. This marks a new record when it comes to the number of bottles traded within a single round of auctions. The prices thereby ranged from 444 to 575 Euros. On average 489 Euros have been paid. At the same time, the Archival Folio 1 reached a new record price since the latest trades averaged to around 3.500 Euros. And by the way, the 1.822 Euros for the Folio 2 also mark a new record.
One can only wonder how the current circumstances will affect the whisky auction market. We certainly do not know, but we will be the ones who find out. In the meantime, do not forget to check the latest value gains and losses of your personal whisky collections!