Crowns 3 Tag

CROWNS III IS HELPING MAKE SINGLE MALT WHISKY A GOOD INVESTMENT. BY YESSAR ROSENDAR Precious Liquid - Single Malt Whisky a Good Investment OLD IS GOLD—Things from the past are rising in value, due in large part to their scarcity. Modern art, vintage mechanical watches and wines have all become investment grade items, all falling under the broad term of alternative investments. Recently single malt whisky has joined the ranks of this investment, comparable to what has happened with wine investments. Single malt whisky is regarded as the pinnacle of Scotch whisky, as about 90% of Scotch whisky is a blend. With supply limited and demand rising, prices have been appreciating. One example, in 2014 at the Sotheby’s auction in Hong Kong, a Macallan 6-liter “M” Decanter by Lalique, fetched $628,205—soaring past its $500,000 high estimate— and set a new auction record for a single malt whisky. The previous record was achieved by Sotheby’s New York...