A connoisseur dilemma: Is R6?199 for a sip of Scotch whisky too much?

2012-10-16 00:00

WHO would pay R154 000 for a bottle of liquor?

That question must be keeping Charles Malgas, liquor buyer for Makro wholesalers, awake at night.

He said he hopes someone out there will buy the two bottles of 50-year-old, single-malt Scotch whisky that Makro ordered from Glenfiddich, which are now “on promotion” at the store.

“Otherwise President Jacob Zuma will hopefully acquire a bottle for himself,” said Malgas.

Makro ordered the two 700 ml bottles as collectors’ items and Malgas said they would add to any whisky connoisseur’s collection.

Makro had to deposit R75 000 before ordering the bottles.

According to the Glenfiddich distillery’s website, the 50-year-old single malt whisky has a sweet vanilla taste, with a soft tobacco flavour.

The whisky was stored for at least 50 years in two different vats and then decanted into American oak vats before it was bottled.

“We paid R145 000 per bottle, so we are not making much of a profit. You must rather not think that you are paying R6 199 per sip,” said Malgas.

The same Glenfiddich whisky was available for R149 999 last year, but due to “increasing worldwide demand” the price has increased.

“The vats are getting close to the empty mark and the whisky is getting more rare,” said Malgas.

He said last year a bottle of Johnnie Walker Platinum whisky sold for R78 000 in SA on an auction, which showed that people were willing to pay these types of prices. Malgas said it was a status symbol and people bought the whisky to make a statement.

The most expensive bottle of whisky ever sold was a bottle of 1955 Glenfiddich Janet Sheed Roberts Reserve whisky, sold for $94 000 (now about R830 000) at an auction in New York.

Join the conversation!

24.com encourages commentary submitted via MyNews24. Contributions of 200 words or more will be considered for publication.

We reserve editorial discretion to decide what will be published.
Read our comments policy for guidelines on contributions.

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
0 comments
Comments have been closed for this article.

Inside News24

 
/Sport

Book flights

Compare, Book, Fly

Traffic Alerts
Traffic
There are new stories on the homepage. Click here to see them.
 
English
Afrikaans
isiZulu

Hello 

Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.


Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Settings

Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.




Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.