NEW COLLECTORS FLOCK TO WHISKY MARKET AT BONHAMS HONG KONG SALE

Link to catalogue: https://www.bonhams.com/auctions/27715/

Karuizawa-1960-47 year old-#5627. Sold for HK$1,240,000.

Estimate: HK$ 450,000-600,000.

Hong Kong – Bonhams Whisky Sale on 21 January 2022 totalled HK$23.4 million, led by a Karuizawa-1960-47 year old – the oldest vintage known from the famed Karuizawa Distillery. It sold for HK$1,240,000, nearly tripling its estimate. Of the top ten lots of the sale, more than half sold above high estimates and nine of them were Japanese whisky.

Bonhams Director of Wine and Spirits Asia Daniel Lam commented: “The market demand for fine and rare whiskies continues to be insatiable. The January sale, held only two months after the previous flagship auction, saw strong interest and robust bidding across the board, showing that the market appetite builds fast. First-time buyers are one of the driving factors, as nearly one in every five bidders from the sale were new to Bonhams. After some very strong seasons for Japanese whisky, we are excited to see how the Scotch – now looking attractively-priced in comparison – will perform in 2022.”

The Scotch section, 80% sold, is underlined by star performers from Macallan, Bowmore and Highland Park. A Macallan Millennium-1949-50 year old Decanter sold for HK$384,400, eclipsing the high estimate.

Click here to view full results:

https://www.bonhams.com/auctions/27715/

Sale: Whisky Sale

Location: Hong Kong, Admiralty

Date: 21 January

NOTES

Bonhams, founded in 1793, is one of the world’s largest and most renowned auctioneers, offering fine art and antiques, motor cars and luxury. The main salerooms are in London, New York, Los Angeles, Paris and Hong Kong, with auctions also held in Knightsbridge, Edinburgh, and Sydney. With a worldwide network of offices and regional representatives in 22 countries, Bonhams offers advice and valuation services in 53 specialist areas. For a full list of forthcoming auctions, plus details of Bonhams specialist departments, please visit bonhams.com