Current:Home > ContactA whiskey collector paid a record-setting $2.8 million for a rare bottle of Irish whiskey -MarketPoint
A whiskey collector paid a record-setting $2.8 million for a rare bottle of Irish whiskey
View
Date:2025-04-18 16:49:24
Whiskey lovers who drop $100 or more for a bottle got off easy. The latest record-breaking bid for a coveted super-premium spirit: $2.8 million for a bottle of rare Irish whiskey.
The Craft Irish Whiskey Co. says it has sold a bottle of The Emerald Isle triple-distilled Irish single malt whiskey for $2.8 million to American whiskey collector Mike Daley. That surpasses the price tag on the previous recordholder, a bottle of The Macallan 1926, which went for $2.7 million at an auction held by Sotheby's in November 2023.
Daley, who has a collection of several thousand bottles of Irish and American whiskies, and Scotch whiskeys, sees Irish whiskey on the rise. "Irish is the future of whiskey. I'm excited to be part of it, as a collector, but most importantly as a drinker," he said in a statement in a press release about the sale.
Quaker Oats recall list:See the dozens of products being recalled for salmonella concerns
'Luxury' Irish whiskey: More about the most expensive whiskey ever sold
The Emerald Isle Irish whiskey, which has been aged three decades in a variety of casks, has unique packaging, too. The bottle rests in a walnut case with a decanter, a pair of tulip-shaped sipping glasses, a one-of-a-kind Fabergé egg, a watch, whiskey stones and two Cohiba cigars. It's one of only seven sets the distiller made.
Some may say the packaging drove up the price, but the distiller argues the same could be said for the previous recordholder, which gained considerable value because its label had been designed by Italian painter Valerio Adami, The Craft Irish Whiskey Co. said in a press release.
Jay Bradley, founder and CEO of The Craft Irish Whiskey Co., called the sale "a monumental achievement for my business. … I started The Craft Irish Whiskey Co. with the goal of making Irish whiskey the most coveted luxury spirit and restoring Ireland's reputation for crafting the finest whiskeys in the world, this brings us several steps closer to achieving that, and we're only six years into the journey. There's a lot more to come from us, and I'm excited for our customers and competitors to see what we have in store."
Daley told Food & Wine recently "the rebirth of Irish whiskey is relatively new, so I feel like I’m getting in on the ground floor." The multi-millionaire says he displays much of his collection at his Bucks County, Pennsylvania estate, but some is stored away at his Delaware beach house.
“Luxury scotch, to me, is already a crowded type of market," Daley he said. "But we’re only just starting to see luxury Irish make a name for itself. I guarantee you that in the years to come, it will get to where scotch is today.”
lf you don't have a few million to drop on Irish whiskey, The Craft Irish Whiskey Co. has an upcoming release of The Donn, "a dynamically aged single malt brimming with dark chocolate, prune, and cinnamon notes, which is expected to retail for about $200, according to Food & Wine.
And if you fancy some swank scotch in special packaging, there's Dewar's Double Double 37-year-old set, (priced at $1,687.99 on ReserveBar), which comes with a pair of Baccarat crystal tumblers. The Scotch whisky has been aged four times and matured in Oloroso sherry casks previously used for aging Aultmore Single Malt.
Follow Mike Snider on X and Threads: @mikesnider & mikegsnider.
What's everyone talking about? Sign up for our trending newsletter to get the latest news of the day
veryGood! (5523)
Related
- The Grammy nominee you need to hear: Esperanza Spalding
- South Carolina prosecutors plan to seek death penalty in trial of man accused of killing 5
- Taylor Swift Shares How She Handles Sad or Bad Days Following Terror Plot
- Old legal quirk lets police take your money with little reason, critics say
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
- Lawyers for plaintiffs in NCAA compensation case unload on opposition to deal
- Alligators and swamp buggies: How a roadside attraction in Orlando staved off extinction
- Inside the Love Lives of Emily in Paris Stars
- This was the average Social Security benefit in 2004, and here's what it is now
- Mega Millions winning numbers for August 16 drawing: Jackpot climbs to $498 million
Ranking
- Federal hiring is about to get the Trump treatment
- Discarded gender and diversity books trigger a new culture clash at a Florida college
- After 100 rounds, what has LIV Golf really accomplished? Chaos and cash
- A Complete Guide to the It Ends With Us Drama and Blake Lively, Justin Baldoni Feud Rumors
- What do we know about the mysterious drones reported flying over New Jersey?
- Massachusetts governor pledges to sign sweeping maternal health bill
- Little League World Series: Live updates from Sunday elimination games
- Spanx Founder Sara Blakely Launches New Product Sneex That Has the Whole Internet Confused
Recommendation
Questlove charts 50 years of SNL musical hits (and misses)
Key police testimony caps first week of ex-politician’s trial in Las Vegas reporter’s death
Tingling in your fingers isn't uncommon – but here's when you should see a doctor
New Jersey man sentenced to 7 years in arson, antisemitic graffiti cases
EU countries double down on a halt to Syrian asylum claims but will not yet send people back
17 Target Home Essentials for an It Girl Fall—Including a Limited Edition Stanley Cup in Trendy Fall Hues
Inside Mark Wahlberg's Family World as a Father of 4 Frequently Embarrassed Kids
Elephant calf born at a California zoo _ with another on the way