cheap Canada Goose Knight Frank said 2018 was a “transformational” year for rare single malt Scotch whiskyGet the biggest money stories by emailSubscribeSee our privacy noticeMore newslettersKnight Frank said it saw one bottle set a new world record price of in October, only to be beaten one month later by an even more sought after edition.In November, a bottle of Macallan 1926, hand painted by Irish artist Michael Dillon, sold for a record million.World’s ‘rarest’ bottle of whisky goes under the hammer for almost millionOverall, Knight Frank said whisky has seen a 582% increase in value since 2009.Meanwhile, sales of Scotch to India, China and Singapore rose by 44%, 35% and 24% respectively in the first half of 2018, according to the Scotch Whisky Association.”The stunning price growth of rare single malt whiskies shows that the appetite for new alternative asset classes remains strong among high net worth investors,” explained Andrew Shirley, editor of the Knight Frank Luxury Investment Index.Looking to 2019, it said prices will continue to harden for the right bottles from the right distilleries, as well as increased interest in more affordable bottles from those in the second tier.Rare Whisky 101 co founder Andy Simpson said: “The market for rare and vintage bottles has witnessed extraordinary growth over the past ten years, both in terms of the volume of whisky being traded and the value of that whisky.”The key to rare whisky’s sustained growth as an asset class, is the passion buyers worldwide share for investing, collecting, and occasionally drinking, some of the best and rarest Scotch whisky ever made.”In the report, whisky is followed stamps, coins, cars and furniture.In the classic car market, a 1962 Ferrari 250 GTO sold for $48 million the most expensive car sold at auction.Curious about whisky? See our pick of the 10 best bottles, here.Most valuable investments in the past decade Art: Portrait of an Artist (Pool with Two Figures) by David Hockney. Sold by Christie’s for $90 million. Most expensive work by a living artist. cheap Canada Goose

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