Bowmore 1957 fails to sell

Islay

The oldest bottle of Islay whisky ever put up for auction failed to sell on Wednesday, after failing to reach the reserve price of £100,000 put on it by producers Bowmore.

The hammer came down on the 54-year-old bottle of Bowmore 1957, one of only 12 produced, at £80,000, but the producers declined to sell it for that price as they had committed proceeds of the sale to Scottish charities.

In a statement, Morrison Bowmore Distillers said: “Yesterday at Bonhams auction house, we came close to reaching the minimum reserve for our precious 1957, we couldn’t accept anything less, especially with all proceeds going to our chosen 5 charities.

“With only 12 bottles in existence worldwide, it is the oldest whisky we have ever released as well as the oldest Single Malt to have come out of Islay.

“We’ve always appreciated that with auctions it’s down to the luck of the draw on the day, we are still optimistic with the second auction in New York later this month that a buyer will be found and at the same time a significant donation to our charities made.”

The sale of the first bottle has been extended for a week to see if a buyer comes forward with a higher bid, while the auction in New York takes place on 28 October.

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