When we decided to launch our online shop in August 2020 we did not imagine that within a month our first sale would be a 28 bottle vertical of Macallan 18 year old for £44,000.
The story of the vertical gripped the interest of the national and international community as news broke of the seller’s incredible story of receiving a bottle as a birthday present from his dad each year – some of the bottles cost less than £40 originally. 28 year old Mathew decided to sell the collection because he is looking to buy his first house. Now that the sale of the vertical has gone through he has been able to put a deposit down on a flat.
“An offer has been accepted for the flat we were wanting to buy and we are just waiting on solicitors and other legalities to finalise and then with some luck we will be moving in in a month or two,” explains Matthew.
Matthew chose to sell his collection through Mark Littler Ltd because we offered a unique opportunity for a private seller to bridge the gap between auction prices and retail – which can be as much as 60%. The sale of Matthew’s fantastic collection has proven the appetite from buyers who want the savings to be had over buying from retail, but still want the convenience of an “available now” system.
The story broke worldwide from New York to Hong Kong and was trending on the BBC website while Mathew was also interviewed on BBC breakfast.
Matthew’s dad’s unusual gifts have inspired the nation. The knock on effect has been incredible with contacts across the industry reporting a big uptick in interest in whisky as an investment, both as bottles and casks.
Matthew’s dad is thrilled that his presents have been so successful for his son, “I am absolutely delighted that Matthew has used his collection wisely and it makes me very proud as a father that I have been able to help in some small way.”
He has also inspired Matthew to start a collection to eventually hand down to his own children. “I have already started my new collection, starting with this year’s bottle, and I am hoping to hand it down to kids in the future when the time is right,” explains Matthew.
At Mark Littler Ltd we are thrilled to be able to help customers like Matthew release the full potential from their whisky and equally as glad to be able to offer the buyer a great service with a saving over retail.
Complete verticals are rare, and usually collections like this are split into smaller groups or individual bottles when they are sold. We are offering buyers the convenience and luxury of buying a ready made collection whilst also offering a saving over retail. The online brokerage shop is a new venture for us, and to have sold such a great collection in our first month of trading is fantastic and shows the interest in whisky both nationally and internationally.