Lauren Eads from The Drinks Business has recently written an article named: 'Rare Japanese Whisky Auction Set For HK'. According to the article Asia's largest auction house declares that it will host "the most comprehensive collection of Hanyu and Karuizawa whisky in the auction history of Bonhams HK". Apparently the auction will feature over 200 lots that includes more than 170 bottles of Karuizawa. Readers may recall a similar article posted by the leading drinks trade publication, which Whiskies R Us announced back in May, 2013 (here). Although this large public sale can easily highlight the growing popularity of Japanese whisky the question is, which has been covered more than once, and by various sources, how many people will actually buy to personally consume opposed to buying for investment purposes? Either way, consumer or investor, a hefty price tag is attached when buying on the resale market - you will be paying through the nose. The auction market often has mixed reactions, ask everyone who buys and drinks whisky. Some say that it is a good opportunity to obtain bottles that they would never of had the chance to find elsewhere, while others, including the producers of the whisky, say it often leaves a bad taste in their mouths to see the astronomical prices. One thing which is clearly evident: a large amount of rare Japanese whisky has been sourced, making it even harder for dedicated drinkers such as you and I to obtain. Perhaps given the geographical market place of the auction the majority of the whisky could be snapped up by drinkers (personal speculation only)? What's your take on the subject?
Image kindly taken from Bonhams HK auction listing: Japanese & Rare Whisky