Investing in real estate is becoming far out of reach for most Vancouverites, but investing in rare whisky? That will only set you back $139,000.
In an extraordinary event, The Signature Liquor Store at 39th Avenue and Cambie Street will be selling a four-bottle set of Dalmore single malt whiskies beginning Tuesday, February 17.
The Dalmore Constellation Collection 60s Set includes four bottles of some of the world’s rarest single malt whiskies, with distillation dating back to the sixties. Each vintage is stored in its own hand-blown crystal decanter emblazoned with the solid silver royal stag and etched with the year of distillation, age and cask number.
Each vintage is extremely rare; the 1964 bottle is only one of 67 ever produced and the most readily-found (1966) is only one of 237. For whisky enthusiasts, owning a bottle of Dalmore is a popular aspiration. The Distillery is ranked as one of the top 25 global malt brands and named second in the Rare Whiskey Investors index for 2014.
“With single malt whisky an increasingly coveted luxury spirit worldwide, aficionados truly appreciate the quality, extraordinary craftsmanship and limited availability of The Dalmore,” The Dalmore Distillery states in the event’s release.
With its acclaim based on heritage and age, the prestige of owning a rare whisky has transformed from trophy-boasting to investment opportunity.
“With instability in the stock markets worldwide, investors are looking for alternative sources of asset appreciation,” said David Robertson, Director of Rare Whisky at The Dalmore Distillery.
“Whisky as an alternative investment has shown remarkable growth, driven by the limited releases of some of the world’s oldest and rarest stocks from distilleries with impeccable heritage, exceptional product quality and exclusivity.”
If you need a little extra coaxing to convince yourself to take out a second mortgage and splurge on the 60’s Set, a recent investment piece by High 50 might make your mouth water
By looking at recent statistics of value gains in investment-grade whisky, reporter Richard Henderson found that a size-able stake in the Scottish gold can get you rich – fast.
“In theory, $100,000 put into investment-grade whisky with 15 percent returns would net you more than $1.6 million in two decades’ time,” Henderson notes while citing that the 1,000 best performing investment-grade bottles of whisky increased 23.8 percent in value in 2013.
Investment advice aside, the rare buying opportunity in Vancouver will have the city’s Don Draper wannabes flocking down to Cambie and 39th to get a glimpse at gold.
Featured Image: “The Dalmore Constellation Collection – THE 60s Set, featuring four of the world’s rarest single malt whiskies. Available exclusively at the British Columbia Liquor Distribution Branch (CNW Group/The Dalmore Constellation Collection)”