Bottle of booze sells for $54,000 at NYC auction

by Rob Peters | December 10, 2007 at 01:25 pm
868 views | 24 Recommendations | 9 comments

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Expenses By The Bottle

Expenses By The Bottle

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I know it's relative and the numbers don't mean anything when you're wealthy, but I still think a bottle of anything that costs more than two cars is sinful if not entirely stupid.

NEW YORK - A bottle of 81-year-old scotch has sold for $54,000 in New York state's first liquor auction since Prohibition.

An anonymous collector bought the pricey potable on the weekend at a Christie's sale of wines and spirits. The 100-lot auction sold a total of $304,800 worth of rare wine and liquor.

The top lot was a collection of 729 bottles of whisky, which went for $102,000.

The $54,000 bottle was distilled at Macallan in Scotland in 1926, bottled in 1986 and rebottled in 2002.

Prohibition lasted from 1920 to 1933, but New York State continued to prohibit the auctioning of spirits until this year.

The auction prices include Christie's 20 per cent commission.

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Jarrett Martineau
Jarrett Martineau
flagged this story as Good Stuff

at 13:27 on December 10th, 2007

I've got an unopened can of Kokanee from the mid-90s...that's got to be worth something, right?

djsblack
djsblack
flagged this story as Good Stuff

at 13:53 on December 10th, 2007

Good stuff, Rob. I happen to agree with you that it is obscene to spend that kind of money on a bottle of scotch.

0
DiscoWeasel

Nice article. I couldn't agree more about it being absurd to drop that kind of money on liquor. Seems they could just donate to a charity and buy some top-shelf instead. To each his own though.

DiscoWeasel
DiscoWeasel
flagged this story as Good Stuff

at 14:30 on December 10th, 2007

It's informative and concise.

BigT
BigT
flagged this story as Good Stuff

at 20:16 on December 10th, 2007

Rob Peters, good stuff.

If I had the money this would be something I would spend it on. Well, I would probably spend more on cigars but whiskey would be number two. Who needs the cars when you have a good bourbon and cigar? 

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Brian A Kennedy

Of course there's also the World's Most Expensive Organic Martini...

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bernadine_noonan

like the pictures. nice story.

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nike6

i have spent time to think about luxury articles, such as diamonds, collectors items, and the like.

i do not yet know if it is completely good or bad- for sure, in north korea, such a liqour can not exist- because private ownership in this dimension is not allowed!

means, the police would confiscate such an item the same day.

maybe the answer is, that such items (including luxury auctions, jewels), are a function of capitalist society, to shift capital from one party to another? means, the trade of such items is not only about the items itself, but a very essence of the system. it does matter that so much money is invloved, even if common people think this is sick. rich people will not think that it is sick!

OK what i understand is, that rich people also have high costs, it can be difficult to maintain the large houses, cars, planes. if they run out of cash, they trade away their items! it is true that the value of such a liqour is not for real- but imaginary, it represents (potential) capitalistic buying power, as you wrote, two cars. maybe the elite relies on the situation to nourish such refined feelings, as to drink such a whiskey time by time. OKOK i am not an expert for luxury, but generally, i like golf, at least, in some zones of the world. even if personally, i only know it from computer simulation.

no for real, i spent a long time why (especially jewish) people trade small pieces of carbon, called diamonds, do not produce any real goods, such as machines or food, and get that rich. i do not say good or bad, but that it is a function of capitalist society, which developed self-contained requirements over the time.

i think people should argue in form of mind-experiement about such a liqour- not just say "good" or "bad". OK maybe it is a perversion of hard alcohol- but history has shown, that some of us want this hard alcohol, and to prohibit the trade is not possible. sure such a liqour is not consumed wrapped in brown paper, in parks, etc., but also requires selected scotch glass drinking garniture, and an appreciate saloon.

you see, it is easily possible to extraxt a small story from such an item! 

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AdrianoIt

tnks

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