State sets opening bid of $25K in whiskey auction
Whiskey collectors willing to dig deep into their bank account will have an opportunity to own two rare Scotch whiskey bottles this spring.
The Pennsylvania Liquor Control Board on Monday announced it will hold its first-ever rare vintage and specialty product auction, with just two bottles available to the highest bidders.
The state is offering two different bottles of Macallan Fine and Rare Series scotch whiskey. One is the Macallan 1949 Cask No. 935 Single Malt Scotch Highland and the other is the Macallan 1989 Cask No. 3247 Single Malt Scotch Highland.
Being advertised by the board as a "once-in-a-lifetime opportunity" for scotch lovers, the minimum bid for the 52-year-old bottle is $25,000, while the 21-year-old bottle has a minimum bid requirement of $9,000. The board also has set an undisclosed reserve amount above the minimum bid, which must be met in order for the bottles to be sold.
"We were extremely fortunate to receive these highly sought-after products, which are very difficult to find across the world, let alone in the U.S., and we look forward to making one or two scotch enthusiasts very, very happy," said board Chairman Tim Holden.
The Macallan distillery in Scotland is known for producing some of the world's most coveted single-malt Scotch whiskeys, including a extremely rare bottle that sold last year for $1.1 million.
Sealed bids for the two auction bottles will be accepted through 4 p.m. on April 5.
Unlike other limited-release products that the board auctions off throughout the year, there is no residency requirement for this auction because of the extremely limited availability of these scotches.
Auction bidders may submit multiple bids for one or both products, but each bid must be submitted on a separate bid sheet, according to the board. Bidders also must obtain a $2,500 cashier's check or money order as bid surety.
For people not familiar with these products, the Macallan 1949 was distilled in 1949 and spent the next 52 years aging until it was bottled in 2002. Only 228 bottles were produced from this cask.
The 1989 vintage spent 21 years aging until it was bottled in 2010. The cask provided 338 bottles.