International broker Rare Whisky 101 reports that the demand for rare bottles of whisky, especially single malt whisky, is “accelerating at an extraordinary rate”. For 2015 the number of whisky bottles sold or exchanged is more than 20,000. This is a rise of more than 30% than the same period last year.
Why the Whisky Investing Boom
It’s only fairly recently that there has been a boom in investing in single malt whisky. Now old stocks of single malts are dwindling and this is pushing up prices.
Over the last few years there has been a drop in distilleries producing collectable releases and this in increasing demand for discontinued single malts. A classic example of this is the Port Ellen distillery on Islay.
What Makes Whisky Exchange a Safe Investment.
One thing that makes whisky a great investment is that it doesn’t go off, unlike wine. Of course, after a bottle is opened there is only so long before it loses it’s flavour. However, an unopened bottle of whisky will be good for years and years.
So if the whisky exchange market does fall, you can always drink your investment. True liquid gold!
Check out here our 6 great tips on investing in single malt whisky.