Current:Home > NewsA whiskey collector paid a record-setting $2.8 million for a rare bottle of Irish whiskey -FinanceMind
A whiskey collector paid a record-setting $2.8 million for a rare bottle of Irish whiskey
View
Date:2025-04-15 08:01:22
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! (94434)
Related
- What do we know about the mysterious drones reported flying over New Jersey?
- Congress heard more testimony about UFOs: Here are the biggest revelations
- Amazon Black Friday 2024 sales event will start Nov. 21: See some of the deals
- Sydney Sweeney Slams Women Empowerment in the Industry as Being Fake
- Pregnant Kylie Kelce Shares Hilarious Question Her Daughter Asked Jason Kelce Amid Rising Fame
- To Protect the Ozone Layer and Slow Global Warming, Fertilizers Must Be Deployed More Efficiently, UN Says
- Zendaya Shares When She Feels Extra Safe With Boyfriend Tom Holland
- Caitlin Clark shanks tee shot, nearly hits fans at LPGA's The Annika pro-am
- Jamie Foxx reps say actor was hit in face by a glass at birthday dinner, needed stitches
- It's about to be Red Cup Day at Starbucks. When is it and how to get the free coffee swag?
Ranking
- Rams vs. 49ers highlights: LA wins rainy defensive struggle in key divisional game
- Just Eat Takeaway sells Grubhub for $650 million, just 3 years after buying the app for $7.3 billion
- Special counsel Smith asks court to pause appeal seeking to revive Trump’s classified documents case
- Gisele Bündchen Makes First Major Appearance Since Pregnancy
- Meet first time Grammy nominee Charley Crockett
- Alexandra Daddario Shares Candid Photo of Her Postpartum Body 6 Days After Giving Birth
- Elena Rose has made hits for JLo, Becky G and more. Now she's stepping into the spotlight.
- Former West Virginia jail officer pleads guilty to civil rights violation in fatal assault on inmate
Recommendation
Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
GreenBox Systems will spend $144 million to build an automated warehouse in Georgia
The Latin Grammys are almost here for a 25th anniversary celebration
2 weeks after Peanut the Squirrel's euthanasia, owner is seeking answers, justice
Macy's says employee who allegedly hid $150 million in expenses had no major 'impact'
Deion Sanders says he would prevent Shedeur Sanders from going to wrong team in NFL draft
Republican Scott Baugh concedes to Democrat Dave Min in critical California House race
Kate Hudson and Goldie Hawn’s SKIMS Holiday Pajamas Are Selling Out Fast—Here’s What’s Still Available