Whisky investment ‘as good as wine’

on 17/10/11 at 11:51 am

Spirits

Bottles of whisky from long-demolished distilleries can be as solid as wine as an investment, the Financial Times says.

The recession of the 1980s led to the wholesale closure of whisky distilleries, with the result that there are bottles around today whose distilleries are long-gone, the newspaper reported in an article last week.

Whisky writer Peter Temple says that whisky bearing names such as Glen Albyn, Glen Mhor, Milburn or Port Ellen comes from distilleries ‘that you can be sure are no more’.

Port Ellen, for example, owned by the Distillers Company, closed for good in 1983, but produced whisky that ‘is reckoned to be among the best ever made on Islay.

Such bottles fetch in the hundreds of pounds, and as they can only get scarcer, represent far better investment than the ultra-rare bottlings from still-established distilleries that can fetch tens of thousands and more.

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