Best Whiskies To Invest In - September Whisky Investment Index

By Colin Hampden-White

Macallan does it again.

Macallan has not only managed to stay at the top of the table, but it has also extended its lead. This could be down to a few things. Mainly, it’s because there has been a lot of Macallan at auction recently. Also there have been a few lower-level limited editions come to market over the last year or so and they are finding their way onto the secondary market. Examples of this would be the Concept series, which has had its final release recently, and the editions series. These I believe still have potential to grow even if bought on the secondary market at today’s prices. And it looks like a lot of other people feel the same as these series are doing well at auction.

High value Karuizawa bottles are still coming to auction giving this Japanese closed distillery a strong place on the table and with the recent releases of Brora, the most well known being the Tryptic, Brora continues to do well.

There is little change in the table this month, but the percentages have changed. They have become closer together. This makes it difficult to pick clear winners, but it is also a good sign that one shouldn’t do badly by choosing any of the brands or distilleries below as an investment. As long as one sticks to the rule of buying limited editions, single casks and good independent bottles.

Macallan 2%
Bowmore 1%
Karuizawa 1.0%
Springbank 1.5%
The Dalmore 2%
Brora 2%
Clynelish 2%
Rosebank Official Bottlings 1%
Ardbeg 1%
Glen Grant

With no clear winner other than Macallan, I have chosen a few different brands rather than sticking to one. As any good investment portfolio should have variation.

Bottles to Watch

Ardbeg Drum

Released a few years ago, this has already had some time in the marketplace and is still a great one to keep your eyes open for.

ABV: 46%
Size: 750ml
Find here: $279.99 

From the committee release, this can still be found in the UK.

Ardbeg Drum Committee Release

ABV: 52%
Size: 700ml
Find here: £295

From the middle of the table I’d look for Clynelish

Clynelish Game of Thrones

This is a good low-level bottle at well under £50. It is high strength, and although not very limited, it is limited and will run out. A longer prospect, but still worth it.

ABV: 51.2%
Size: UK 700ml // US 750ml
Find here: UK £40.95 // US $178.49

Clynelish 1995 25 year old

With only 340 bottles of this single cask, cask strength bottle produced, from a well known independent bottler. I think this will do well.

ABV: 51%
Size: 700ml
Find here: £313.15

And from the very top of the table.

The Macallan Edition No.6

The last in the edition series, these are already collectable. And although not as expensive as earlier editions, it will still rise in value.

ABV: 48.6%
Size: UK 700ml // US 750ml
Find here: UK £299.99 // US $179.99

The Macallan Rare Cask 2021 edition

When customers are only allowed to buy one, it’s a clear indication that these will sell out fast and be in high demand. An annual release, also shows it’s only going to be created in limited numbers.

ABV: 43%
Size: 700ml
Find here: £249.95

And there we have it. A few suggestions for bottles which I think will do well in the future. As always, they are only suggestions, and I don’t profess to be the fountain of all knowledge, but these ideas might give you a helping hand in choosing bottles to invest in.

To see how this whisky investment index was created, follow this link and if you want to check out August and July’s recommended bottles then click here: August / July.

Meet Glenmorangie’s New, Super Rare Expression

Dr Bill Lumsden has done it again. Known to some as Head of Distilling & Whisky Creation at The Glenmorangie Company and to others as the ‘Willy Wonka of Whisky, Bill has created another fabulous, limited edition whisky finished in Chardonnay casks hailing from renowned wine producer Sonoma-Cutrer in Sonoma Valley, California. 

As a self-confessed wine geek, Dr Bill has always adored Californian Chardonnay and it was during a visit out there fifteen years ago that he managed to persuade Sonoma-Cutrer to sell him a few casks for experimentation. They agreed and Bill filled the casks with fifteen year old whisky - some that was distilled in his first days at the distillery back in February 1995. The casks were then put away to mature and allow the flavours to mingle together beautifully over time. 

Glenmorangie Sonoma-Cutrer Reserve 25 Year Old Single Malt

After numerous tastings since then, Dr Bill has decided the whisky is ready - and ready it most certainly tastes. Bottled at 55.7% ABV, it is deep ochre in colour and with the same characteristic floral aromas and bready notes Glenmorangie is famous for, there is a wide range of citrus fun from grapefruit and fresh orange peel and to marmalade and lemon balm. “Like a honey and lemon hot toddy” is how Dr Bill describes it, as well as marshmallow, smoked pear, earthy biscuits and spicy ginger with a peppery kick on the tongue. All in all, it's super smooth and mellow, with a beautiful, buttery, sunshine finish reminiscent of the fruity, golden Chardonnay the casks once held. 

This Sonoma-Cutrer Reserve whisky was created as part of an experiment, where only 1000 bottles exist, each one hand-signed by Dr Bill Lumsden himself. They have described it as Glenmorangie’s ‘most rare and unique creations’. I was very lucky to taste it. 

The Glenmorangie Sonoma-Cutrer Reserve 25 Year Old Single Malt was created for release exclusively through the Moët Hennessy Private Client team. RRP £1,750 (US$2,442) per 700ml bottle.

Best Scotch Whisky Distillery Tours

We don’t need to tell you we’re big fans of Scotch whisky; chances are you already know thanks to our Amazon Prime series. And while a dram at home always hits the spot, Scotch can taste even more magical when sipped at the source. Whether your thing is Highlands or Lowlands, Islands or Islay – pack those bags for our virtual round-up of Scotland’s best distillery tours. Cheers!

Talisker, Islands

Perched on the shores of jaw-drop-beautiful Skye – full of rolling green hills, misty peaks and fluffy herds of roaming sheep – Talisker’s setting alone is worth the epic journey from the nearest city (Inverness: two and a half hours away). Its sweet, full-bodied malts can be tasted on a Cask Tasting tour, where drams are hand-drawn atmospherically from warehouse casks. Mitigate the long (albeit beautiful) drive with an overnight on this pretty isle; a drive along undulating roads to the north, The Three Chimneys is one of Scotland’s finest restaurants with rooms.

Find more info here

Glenfiddich, Dufftown

If you join just one distillery tour, it might have to be this one. Pedigree aside – world-renowned, family owned Glenfiddich has been distilling in Dufftown since 1887 – this 35-hectare site is one of the most impressive in whiskydom. Rich in detail on the whisky-making process, Glenfiddich’s tours hop between Instagrammable stone-fronted buildings, bottling lines, giant stillhouses and a seriously atmospheric traditional aging warehouse. Guides are lively, answer all your questions, and (obviously) take you through a generous tasting flight of golden Speyside liquor at the end.

Find more info here

Ardbeg, Islay

Seriously smoky, sweet and citric, Ardberg isn’t for the faint-hearted. But fans keen to make the peaty pilgrimage to Islay – a ferry ride or flight from mainland Scotland – can down their fill on a series of daily tours. The 2021 schedule is still being confirmed, but historically a tasting of the core range kicks off at an ambitious 10:30am, then at lunchtime is followed the Committee Bottle Tasting - a set of pours picked by a guide - before peaking in the Old, Mature and Unusual tasting in the afternoon. Book into the distillery’s onsite Seaview Cottage and you can wake up and do the whole thing all over again tomorrow. 

Find more info here

The Dalmore, Alness

One of Scotland’s more accessible distilleries, The Dalmore is stumbling distance from Alness rail station, a hop north of Inverness – so it’s great if you don’t drive (or if, for obvious reasons, you don’t want to). It’s a pretty one too: aged stone buildings, blue shore waters of Cromarty Firth, green fields. Tours are intimate – with a maximum of just about a dozen guests, and often fewer – so there’s plenty of opportunity to ask questions and learn all you’d like about this popular single malt. Videos walk you through proper ‘nosing’ and tasting technique, too, great for whisky beginners.

Find more info here

Glenkinchie, Pencaitland

This Victorian distillery needs to be on your hit-list for two reasons: it’s only a half-hour drive outside of Edinburgh, making it perfect for city-breakers or car-free travellers, and it’s the Lowlands home of Johnny Walker. And in case you need a third – it’s just had a major revamp, with its red-bricked buildings now housing a top-quality multi-levelled visitor experience. A lovely orchard and garden, speckled with blooms in summer, is a great spot to chill and wait out sobriety after a few Highballs in the bar.  

Find more info here

Glenlivet, Speyside

If we could move into a distillery, it might be this one: set above Speyside hills in a remote glen, with floor-to-ceiling windows along the still room that let sunshine spill in, it’s one of the best-looking distilleries out there. And, if you’re serious about your whisky, it’s one of the finest for deep-dive tastings, too. While many distilleries offer just one tour, Glenlivet has a roster that includes sessions aimed at knowledgeable enthusiasts as well as beginners. They’ll be announcing new experiences very soon, so keep eyes on their website for details.

Find more info here

Glenmorangie, Tain

You’ll get a warm Highland welcome at this famed distillery, home to Scotland’s tallest stills – the copper necks are as long as a fully grown giraffe – and some of its most elegant malts. Set on the banks of Dornoch Firth, Glenmorangie runs a series of expert-led tours that illuminate the whisky-making process from grain to glass. Sign up to The Innovator and you’ll get the chance to taste some of the distillery’s most prized expressions.

Find more info here

Fancy a sneaky peek of some of Scotland’s distilleries while you wait for things to open up again? Then, make sure you check out The Three Drinkers do Scotch Whisky on Amazon Prime!

A Trilogy of Fine, Scotch Whisky Distilleries to Discover

This month, we celebrate the limited season launch of The Three Drinkers do Scotch Whisky on YouTube, brought to you in partnership with Whyte & Mackay. During the course of this series, we travelled all over Scotland, visiting friends at various distilleries from Jura and Islay to Inverness and Edinburgh. Three of these distilleries were the jewels in Whyte & Mackay’s portfolio, each offering fabulously delicious, unique styles of whisky that are sought-after all the world over. They are Jura Single Malt Scotch Whisky, Fettercairn Single Malt Scotch Whisky and, of course, The Dalmore. Here’s an introduction to each of these need-to-know houses with a selection of whiskies hand-picked by us that you simply must try.

Jura Single Malt Scotch Whisky

The Unique Island of Jura

Sixty miles away from the mainland of Scotland’s western coast, lies a remote island of rugged landscapes and wild waters. Just thirty miles long and seven miles wide, with the tempestuous Atlantic on one side and calmer bays full of seals and birds of prey on the other, it’s a harsh, cool climate, but one that breeds exceptional warmth within its own human community of approximately 212 people.

The Most Un-gettatable Place

The island of Jura has just one road, one pub and one whisky distillery. With the population of wild deer outnumbering humans twenty to one, it is also a particularly remote place; one that was once described by writer George Orwell as ‘the most un-gettatable place on earth’ - and where he chose to write his final book, 1984. As far as distillation goes, Jura is perhaps quite an unusual place to create whisky, but the locals believe the climate is ideal - and the distillery itself is at the very heart of this small island community. Founded originally in 1810, the distillery fell into ruin at the end of the 19th century but was entirely rebuilt and reopened in 1963 in order to boost the local economy and rebuild the community.

The Jura Whisky Style

The Jura style is smooth, bright and lively. Start with their signature series, which boasts nine super smooth malts finished in casks that are hand-selected from Europe and America. Trade up after that to their Rare and Limited series of aged whiskies and rare older vintages. There’s also an exciting selection of Travel Retail Exclusives, where the whiskies are finished with Pedro Ximénez Sherry casks. 

Watch us at Jura here

Three Jura Whiskies to Try

Jura 10 Year Old

The Jura 10 year old is now part of Jura’s core range and it’s a very popular whisky thanks to its subtle, fragrant smokiness combined with smooth, sweet fruit notes and hints of cocoa and vanilla. It’s matured in American white oak ex-bourbon barrels for 10 years and finished in rich, oloroso sherry casks from Spain.

Size: 70cl
ABV: 40%
Find here: UK £28.95 // US $39.99

Jura 18 Year Old

Wine meets whisky with the Jura 18. This rich and fruity whisky was aged for 18 years in ex-bourbon casks before being finished in red wine casks; Premier Grand Cru Classé Bordeaux barrels, no less! With a gentle smokiness on the nose, red cherry and berry fruit come through on the palate with a touch of orange peel citrus, dried fruit and warm cooking spice on the finish. Indulgent and delicious. 

Size: 70cl
ABV: 44%
Find here: UK £62.94 // US $119.99

Jura 21 Year old Tide

Released as part of the special ‘Aged Vintage’ series, Tide is a 21 year old single malt that has been double matured; first, in American white oak ex-bourbon barrels and then in hand-selected, virgin American white oak casks. Spicy and complex, Tide is all about gingerbread, pepper and warm spice, all brought into balance with notes of banana, biscuits and white chocolate. A higher ABV gives a greater whack of flavour on the palate and the finish.

Size: 70cl
ABV: 46.7%
Find here: £126.95

The Dalmore

Not far from Inverness, on the banks of the Cromarty Firth and overlooking the famous ‘Black Isle’, sits The Dalmore distillery. When descendants of the Clan Mackenzie became owners of The Dalmore distillery in 1867, they brought with them the right to use the two pointed Royal stag emblem, which the family had earned back in 1263 by saving the life of King Alexander the III when he was attacked by a stag! Since then, under the watchful eye of Whyte & Mackay, The Dalmore has become one of the most lauded and sought-after Scotch whisky brands globally.

Where Wood is King

The Dalmore style is founded on the perfection of cask maturation, where each expression sees this ageing in both American white oak ex-bourbon casks and their own, exclusive, aged Sherry casks, each hand-selected by The Dalmore’s Master Distiller, Richard Paterson.  Their core range consists of whiskies aged for 12, 15, 18 and 25 years and then, there is a growing number of luxury expressions with no age-statement, such as the King Alexander III and their Cigar Malt. We are also now seeing an impressive range of ultra luxury whiskies come from The Dalmore, such as the 1951 vintage ‘Sirius’ and other vintage whiskies aged in fine wine barrels.

The Dalmore Style

The Dalmore is famous for dark coppery, rich and chocolatey whiskies with notes of dried, tropical fruit, spice and vanilla thanks to its exceptional wood programme. A close, long term relationship with sherry house González Byass that began over 100 years ago has meant that The Dalmore has exclusive access to rare casks, which have previously held exceptional, old sherries such as a 30 year old Matusalem oloroso sherry. It is these sherry casks that add to the quintessential Dalmore style.

Watch us at The Dalmore here

Three Dalmore Whiskies to Try

The Dalmore Cigar Malt Reserve

Deemed the ideal accompaniment to the finest cigars but equally delicious without, this is a single malt matured in American, white oak ex-bourbon casks, Matusalem oloroso sherry casks and wine barriques that previously held Cabernet Sauvignon. It’s a rich, figgy and creamy malt that’s round and sweet with a hint of mint for freshness from the Cabernet and subtle notes of exotic spice from the sherry cask. The finish is exceptionally long. The current available release is the second iteration of the famed Cigar Malt that was brought back by popular demand!

Size: 70cl
ABV: 44%
Find here: UK £76.85 // US $169.99

The Dalmore 18 Year Old

This whisky is a perfect example of The Dalmore’s trademark, bold house style, with bombastic notes of chocolate orange, vanilla and fruitcake thanks to its maturation time in both bourbon and aged, Matusalem oloroso sherry casks.

Size: 70cl
ABV: 43%
Find here: UK £119.99 // US $199.99

The Dalmore King Alexander III

This ultra premium whisky is named in homage to the king who was saved from a stag by former owners of The Dalmore. It’s a very special whisky blend created by Master Distiller Richard Paterson using a selection of differently aged malts, which between them have been matured in six types of wood including French wine casks, madeira drums, sherry butts, marsala barrels, port pipes and bourbon barrels from Kentucky. As you would expect, this is an incredibly complex, textured whisky packed full of dried fruit and nut flavours, cocoa powder, vanilla pod and spicy oak, all with undertones of red fruit from the wine casks. Let it sit in your glass and experience different flavours in every sip. Delicious!

Size: 70cl
ABV: 40%
Find here: UK £159.80 // US $279.99

 Fettercairn

The founder of Fettercairn, Sir Alexander Ramsay, was one of the first Scottish landowners to campaign and apply for an official licence for distillation amidst a sea of illicit distilling. He received the licence in 1824 and opened the Fettercairn distillery. Being no fool, Sir Ramsay employed some of the best illegal distillers in the land to ensure that his legal whiskies were the best around!

The Fettercairn distillery was opened in the small town of the same name that sits under the Grampian foothills in the Howe of Mearns in Aberdeenshire, Scotland. It’s a quiet, rural place, where once there was a very special visit from Queen Victoria and her husband Albert, who had a secret stay at the Ramsay Arms just down the road from the distillery.

A Whisky Waterfall

At Fettercairn, there has always been a tradition for doing things a little differently and in the mid-1950s, the distillers here found an innovative way to create a purer expression of their delicious spirit. It was the invention of a cooling ring. They found that if they poured cold water down the side of the copper still, it increased condensation inside, allowing only the lightest vapours to rise and be collected. The result was that even today, they still have a copper tube wrapped around the top of the still to continually pour water down it, thus enhancing the unique, tropical character of the new make and giving Fettercairn its signature, tropical fruitiness.

Watch us at Fettercairn here

Three Fettercairn Whiskies to Try

Fettercairn 12 Year Old

The youngest in the newly revitalised core range from Fettercairn, the 12 Year Old whisky aims to show off the tropical fruit notes and floral character that the distillery is famous for. It was matured in American oak ex-bourbon casks for 12 years which gives it a gentle, ginger spice note and some savoury weight and toffee flavours on the finish. It’s a great place to start your exploration of Fettercairn whisky.

Size: 70cl
ABV: 40%
Find here: £37.94

Fettercairn 22 Year Old

This a is fantastic, mid-age statement whisky for Fettercairn, showcasing the distillery’s tropical fruit characteristics. Matured for 22 years in ex-bourbon casks, you can expect heaps of spiced orange peel, mango and dark cherry jam up front, with dried fruit flavours and savoury kick of liquorice and coffee bean on the finish. Smooth and lingering. 

Size: 70cl
ABV: 47%
Find here: £169.95

Fettercairn 28 Year Old

A stunning, splash-out whisky with serious age on it from Fettercairn’s ‘waterfall’ cooling ring still and matured in ex-bourbon casks. This whisky is a complex blend of the distillery’s characteristic bright tropical fruit character with more savoury notes of toffee, espresso, fruit and nut chocolate. On the finish, a slick of liquorice and ginger spices things up a bit. Exceptional whisky!

Size: 70cl
ABV: 47%
Find here: £500

You can watch us visit all these distilleries in The Three Drinkers do Scotch whisky live on Amazon Prime.

Want some more specific recommendations from these distilleries? Here are Colin’s picks for The Best of Whyte & Mackay: The Dalmore, Jura and Fettercairn.

5 of The Best Scotch Whisky Cocktails to drink right now

As we raise a toast to Robert Burns this January 25th, our friends at drinks retailer Bottle Club have compiled their most popular Scotch whisky cocktail recipes to celebrate Burns Night in style. Here’s what they picked out...

Whisky is often enjoyed neat or on the rocks, but cocktails aren’t just for Gin, Rum or Vodka. With a breadth of flavour combinations, and with Burns Night just around the corner, it’s time to make whisky the star of your cocktail bar. There are plenty of flavours to explore that will tickle your taste buds, even if whisky is not yet your go-to tipple.

Popular Scotch Whisky Cocktails

The Robert Burns Cocktail

It is a Scottish tradition to celebrate the poet Robert Burns' birthday on January 25th every year, and whether this drink was named for him or not, it is a fantastic choice for the evening's libation.

The Robert Burns is a classic cocktail that pays tribute to two of Scotland’s finest exports. The drink itself is a delightful, sophisticated mix that builds on the scotch-vermouth combination of a Rob Roy, but the addition of absinthe brings in an intriguing contrasting flavour. Be sure to keep the absinthe to a dash however as it can easily overpower the drink. 

If Absinthe is a bit too much for your taste, there is a variation called the Bobby Burns which swaps the Absinthe for Bénédictine. 

Ingredients:

• 60ml Scotch Whisky (Team 3D recommend Johnnie Walker Black Label)

• 25ml Sweet Vermouth 

• Dash Orange Bitters

• Dash Absinthe 

Method:
Add ingredients into a mixing glass with ice, then stir well and strain into a tumbler. Ice and orange twist optional. 

Rusty Nail Cocktail

The Rusty Nail is the ultimate Scotch whisky cocktail. It's a very simple mix of Scotch and Drambuie served on the rocks. This is designed to be a sophisticated, slow-sipping drink, and it's excellent after dinner.

Feel free to choose either blended or single malts, exploring various brands and going as top-shelf as you wish. You may also want to adjust the ratio of the two spirits to fit your taste. 

Ingredients:

• 45ml Scotch Whisky (Team 3D recommens this GoT Clynelish)

• 25ml Drambuie

Method:
Simply combine the liquids into a mixing glass and stir well before pouring over ice into a tumbler. 

The Rob Roy 

The Rob Roy cocktail was named after an operetta that narrated the story of a great Scottish folk hero who supported the poor. It’s a Scotch version of the classic Manhattan cocktail as the Rob Roy replaces bourbon or rye whisky with Scotch. The Rob Roy ingredients are also similar to that of a classic Old Fashioned, but the Rob Roy recipe uses sweet vermouth instead of sugar syrup for a richer flavour. It is best served by putting the cocktail glass in the freezer to ensure the Rob Roy stays cold as the drink is served without ice. Stirring a Rob Roy cocktail rather than shaking is critical in delicate cocktails with few ingredients, so not to over dilute the drink.

Ingredients:

• 60ml Scotch Whisky (Team 3D recommend Jura ‘Journey’ malt whisky)

• 25ml Sweet Vermouth

• Dash Angostura Bitters

• Cherry (Garnish) 

Method:
Combine all ingredients into a mixing glass with ice (minus the garnish) and stir well before straining into a cold Nick and Nora or Martini glass. Garnish with a cherry. 

Hot Toddy

A good Hot Toddy has been said to jump-start mornings, cure colds and play furnace on a cold evening. Many people believe that its first use was as a medicinal aid, as alcohol was known to numb pain, while citrus and sugar (or honey) could soothe a sore throat.

This recipe comes from San Francisco bartender Jacques Bezuidenhout and features your choice of whisky, hot water, demerara sugar and a clove-studded lemon peel. Fortunately, the Hot Toddy is very easy to make. 

Ingredients:

• 4 Cloves

• 1 Lemon Peel 

• 2 Tsp Demerara Sugar

• 8ml  Lemon Juice 

• 60ml Whisky  (Team 3D recommend Johnnie Walker Black Label)

Method:
Grab your favourite mug and heat it with some boiling water. After a minute or two, throw away the water and build your drink in the same mug by combining your spirit with sugar, lemon juice and peel, cloves and more hot water.

Ruby Queen Cocktail

The Ruby Queen recipe was developed by Rob Krueger of Extra Fancy in New York City and although it includes a couple of unusual ingredients, it is quite easy to mix up. You will need to prepare or acquire fresh beetroot juice and take a few minutes to make a fresh honey syrup.

It’s a pleasant surprise when you taste just how well Scotch works against this sweetened vegetable juice. The whisky adds a depth that vodka and gin cannot. It will rival any Bloody Mary you have ever had. 

Ingredients:

• 45ml Scotch Whisky (Team 3D recommend The Dalmore 12 Year old)

• 30ml Fresh Red Beetroot Juice

• 25ml  Honey Syrup 

• 25ml Fresh Lemon Juice

• Fresh Dill or Tarragon (Garnish) 

• Lemon Twist (Garnish) 

Method:
Combine everything except the garnish into a shaker with ice, shake for 30 seconds, then strain and pour into all tall, high-ball style glass. pour and shake like any other drink and you will have a savoury drink that will rival any Bloody Mary.

Fancy checking out some other cocktail recipes? Here are our One Drink, Three Ways Gin and Rum recipes!