Single malt Scotch whisky up 40% pa in value
The 100 best performing bottles of single malt Scotch whisky have soared in value since 2010
The 100 top-performing bottles of single malt Scotch whisky have increased in value by 39.5% pa since 2010, according toWhisky Highland.
Rare Brora whisky has seen the largest percentage price increase since 2008, states the whisky valuer's index, as the market for the most collectible bottles continues to thrive.
Brora has seen a 90% increase in value between January 2008 and September 31, 2013, mainly due to its rarity, with the distillery having ceased production in 1983. Remaining bottles are scarce and have attracted a cult following.
Whisky Highland's index tracks the performance of a portfolio of bottles from each of the top 20 distilleries, where the same collectible bottles have been sold more than once in the UK.
Seeing the second highest percentage increase is the Royal Brackla distillery, which has been a benchmark of quality since King William IV selected it to be the official whisky of his court. The Nairn whisky is up 67% between 2008 and 2013.
While the figures are based solely on UK sales, the news comes as the Daily Mail reports that Delhi Duty Free Services has seen a 35% increase in premium liquor purchases by wealthy Indians in the last year.
New York has also seen interest in whisky investment rise, with the city seeing its first investment club open in 2012.
"While the value of gold rose 146% in the four-year period from 2008 to 2011, an investment in the top 10 performing whiskies would have achieved a gain of more than 400%," the club asserts, quoting figures from Whisky Highland.