Small but Mighty: Rare Japanese Whisky Sells for Nearly $160K Despite Being 1/3 the Size of a Normal bottle
Bonhams Hong Kong concluded its latest whisky sale Friday, totaling more than $3 million in sales. The biggest seller was a 250-milliliter bottle of Karuizawa 1960 47 Year Old, the oldest known vintage from Karuizawa. The small bottle of Karuizawa 1960 sold for about $159,169, more than tripling its estimated sale.
“The market demand for fine and rare whiskies continues to be insatiable,” said Daniel Lam, Bonhams’ director of wine and spirits Asia, according to The Drinks Business. “This January sale, held only two months after our previous flagship auction, saw strong interest and robust bidding across the board, showing that the market appetite builds fast.”
According to WhiskyBase.com, Karuizawa 1960 is bottled at 62.2% ABV.
Nine of the top-10-selling lots at the auction were Japanese whiskies, showing the continuing trend of Japanese whisky’s immense popularity.
In August, a ruckus was caused within the U.S. government over Japanese whiskey when a $5,800 bottle of Hibiki whisky gifted to then-Secretary of State Mike Pompeo went missing. An investigation regarding the disappearance of the bottle concluded in November with no answers.
Meanwhile, a bottle of Yamazaki 55 Year sold for nearly $800,000 in October, and another went for more than $550,000 this month. Tickets to dinners including tastings of the Yamazaki 55 have been priced between $5,000 and $15,000.
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