Whiskey collecting and investing has never been hotter than it is right now, and the Macallan 1966 is a perfect bottle to add to your collection. Macallan’s reputation has been backing its product for nearly 200 years and has no signs of slowing down.
One of the oldest distilleries in Scottland, Macallan, was founded in 1824 by a barley farmer, Alexander Reid. This happened to be one year after the Scottish Excise Act legalized distilling. Not only was Reid a barley farmer, but he was also a local school teacher. He produced the first Macallan whiskey out of his woodshed with two pot stills.
The 1966 Macallan fine & rare 35-year old vintage whiskey was part of the Macallan distillery Fine & Rare series, showcasing Macallan throughout its history going back to 1926. The single malt Scotch whisky distillery in Craigellachie, Moray, Scotland, has been going strong for nearly 200 years and has no signs of slowing down. As a subsidiary of The Edrington Group, Macallan was purchased from Highland Distillers in 1999.
If you are starting your whiskey collection and considering a purchase of Macallan 1966, there are a few important things to keep in mind.
As good whiskey ages, the value can increase dramatically. Let’s say you have a 15-year-old whiskey; that means it’s been in the barrel for 15 years. Once it’s removed and bottled, you would still refer to that whiskey as 15 year old.
The time a certain whiskey stays in the barrel is highly dependent on the natural colour and favor it will eventually have. The best vintages of Macallan whisky are known as the golden age of single malt production. During the 1930s, 40s, 50s, and 60s, some top quality single malt release bottles listed the distillation year on the label. This inspired whisky collectors and consumers to give an extra close inspection to the particular bottling years.
Rare Whiskey Bottles
Once the whiskey is removed from the barrel and bottled, you want to make sure that the bottle has a few rare characteristics. Maybe it was a limited edition or produced in especially low numbers at the time of bottling. A certain amount of whiskey will be consumed over time, which can also create rarity among certain production years. Another factor to keep in mind is single cask bottlings are usually more sought after. Bottles marked with a XXX/250 notation indicate a single cask edition.
Whiskey collecting and investing today requires knowledge of many different regions of the world where it’s produced. Ireland, Scotland, Japan, and the United States make up a large percentage of the largest whiskey producers. But many other whiskey producers are popping up around the world.
The Macallan 1966
So how much is a bottle of Macallan 1966? That depends on a variety of factors. The year it was bottled, and its label’s condition is a few important qualities to look for. There have been multiple records set in the last few years for various ages of bottles.
While whiskey prices rise, the best collector bottles can see price increases that will make your head spin. A bottle of Macallan 1926 60-year-old was recently sold at a Bonham auction with a hammer price of $1.1 million. A few months later, another bottle of Macallan 1926 60-year-old sold for $1.5 million at a Christie’s auction.
Macallan 1966 bottles can be found for a few thousand dollars to tens of thousands, depending on the specific bottles. What makes the Macallan 1966 one of the great single malts is the level of importance Macallan has placed in its aging process. They have their very own Master of Wood, Stuart Macpherson, who sources every one of the companies 200,000 barrels from oak trees all over the world.
Rare Whiskey 101 Prices
For experienced and new whiskey collectors alike, there’s a great resource tracking whiskey values and prices. Rare Whiskey 101 is the first company to publish insights and valuations for the whiskey collector and investor community. They track numerous price indexes on the extremely rare vintage Macallan whiskey bottles and the most well-known and heavily traded bottles.