Over the past decade, the value of rare bottles of whisky has gone up by 582%
Data journalist covering technological, societal and media topicsIn line with the dramatic surge in super wealthy individuals across the world over the past decade, demand for luxurious assets has been soaring. Aside from mega purchases like yachts, property and private jets, millionaires enjoy splashing the cash on a host of smaller"investments of passion".
These days, bottles of rare whisky are particularly sought after, especially single malt Scotch varieties. Last year was noteworthy when a bottle of Scotch set a £700,000 record at auction in October before being beaten a month later when a bottle sold for £1.2 million. Distilled in 1926, the hand-painted bottle was sold at Christies's wine and spirits auction in London. Over the past 12 months, rare whisky has gone up in value by 40% and over the past ten years, it has soared 582%.
Vintage cars have always proven some of the hottest items for the global financial elite and their value has gone up 258% over the past decade. Last year's top sale was a 1962 Ferrari 250 GTO which went for $48.4 million at auction. Coins and stamps are also still cherished in wealthy circles and their value has gone up 193% and 189% respectively in the last 10 years. The most expensive stamp sold last year collected $1.6 million while a 1621 Polish gold 100 ducat.
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