{"id":1453305,"date":"2022-04-25T17:15:18","date_gmt":"2022-04-25T21:15:18","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1453305"},"modified":"2022-04-25T17:15:24","modified_gmt":"2022-04-25T21:15:24","slug":"rare-whiskey-more-than-30-years-old-sets-record-profit-at-auction","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/rare-whiskey-more-than-30-years-old-sets-record-profit-at-auction\/","title":{"rendered":"Rare Whiskey More Than 30 Years Old Sets Record Profit At Auction"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">24<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Frare-whiskey-more-than-30-years-old-sets-record-profit-at-auction%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1453305&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><div><img decoding=\"async\" src=\"https:\/\/dw-wp-production.imgix.net\/2022\/04\/Untitled-design-53.png?w=1200&#038;h=800&#038;ixlib=react-9.3.0\" class=\"ff-og-image-inserted\" alt=\"image\" \/><\/div>\n<p>Novelist Raymond Chandler once said, \u201cThere is no bad whiskey. There are only some whiskeys that aren\u2019t as good as others,\u201d and boy was that ever the case for a British whiskey auctioning company that just made history by selling the most expensive cask of whiskey ever.<\/p>\n<p>On Sunday evening, Whisky Hammer, a British-based whiskey auctioning company, sold a 374-liter cask of whiskey for \u00a31,017,000 \u2014 $1,295,459.68 \u2014 that was originally distilled at The Macallan in 1988.<\/p>\n<p class=\"mol-para-with-font\">\u201cTo come across a cask of this age, quality and size is extraordinary in itself, enhanced by the fact the liquid was distilled at The Macallan which is reflected in the global attention the cask has attracted,\u201d Daniel Milne, co-founder and managing director of Whisky Hammer, <a href=\"https:\/\/www.dailymail.co.uk\/news\/article-10752171\/Rare-forgotten-cask-whisky-sells-1million-auction-new-world-record.html\">told<\/a> The Daily Mail.<\/p>\n<p>The cask was reportedly purchased and left at The Macallan Distillery for maturation. The buyer forgot about it for 30 years and decided to recently sell it at auction.<\/p>\n<p class=\"mol-para-with-font\">\u201cWhen this cask was listed in our auction, we knew it had the potential to make history,\u201d he added. \u201cIt\u2019s been incredibly exciting for everyone at Whisky Hammer to have represented what has become the most expensive cask ever to be sold at auction.\u201d<\/p>\n<p>The liquor was reportedly purchased by a private individual in the United States.<\/p>\n<p>While historic whiskey fetches a pretty penny at auction, pro-capitalism groups have argued in recent years that the drink should be known as \u201cthe spirit of the free market\u201d as well.<\/p>\n<p>In 2016, The Competitive Enterprise Institute <a href=\"https:\/\/www.youtube.com\/watch?v=Texnh1f4vMA\">released a documentary<\/a> titled, \u201cI, Whiskey,\u201d which explained how the beverage was only made possible thanks to capitalism and the freedom to fail.<\/p>\n<p>Former CEI president Lawson Bader <a href=\"https:\/\/dailycaller.com\/2015\/07\/27\/cei-film-credits-free-market-with-whiskeys-endurance\/\">told<\/a> The Daily Caller in 2015 that the documentary was made after Milton Friedman\u2019s <a href=\"https:\/\/www.youtube.com\/watch?v=67tHtpac5ws\">iconic<\/a> \u201cI, Pencil,\u201d which explained how the pencil was only made possible thanks to the innovative system of the free market.<\/p>\n<p>\u201c\u2018I, Pencil\u2019 was much a clearer example of free enterprise, but alcohol is not a perfect example,\u201d Bader said at the time. \u201cIt is a highly regulated product. Despite government attempts to squash it out, the drink survived through out the years because of human spirit that binds people and countries together.\u201d<\/p>\n<p>Whiskey, according to Bader, offers a perfect example to illustrate how capitalism is not merely about profits.<\/p>\n<p>\u201cThe biggest misconception about the free market is that it is focused on solely monetary profit,\u201d Bader told The Daily Caller. \u201cFree enterprise is about choices, and experimenting, risking and benefiting from that risk through innovation.\u201d<\/p>\n<p>\u201cIt\u2019s a voluntary system of exchange,\u201d he added. \u201cOne person voluntarily hands something over, and another person takes something. It doesn\u2019t have to be money either. You\u2019re better off with the freedom to exchange. Heavy government regulation and involvement takes away our ability to choose, which damages the market and final product.\u201d<\/p>\n<p>Bader also explained that failure, and subsequent attempts at success, were necessary to create the actual taste of whiskey that drinkers experience in the modern world.<\/p>\n<p>\u201cGovernment regulation is essentially trying to protect against any risk at all, but there\u2019s a grave danger in that. With whiskey, craftsmen failed numerous times, but human ingenuity preserved and created the tastes we have today. Failure rewards the individual because they can improve on their mistakes.\u201d<\/p>\n<p>If the individual purchaser of The Macallan 1988 were to share the taste of that cask by reselling it in smaller batches, it could yield 534 bottles of single malt whiskey at 70 centiliters a bottle, the Mail noted.<\/p>\n<p><em>The Daily Wire is one of America\u2019s fastest-growing conservative media companies for breaking news, investigative reporting, sports, podcasts, in-depth analysis, books, and entertainment for a reason: because we believe in what we do. We believe in our country, in the value of truth and the freedom to speak it, and in the right to challenge tyranny wherever we see it. Believe the same? <a class=\"in-cell-link\" href=\"https:\/\/utm.io\/ueuP8\" target=\"_blank\" rel=\"noopener\">Become a member now and join our mission<\/a>.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Novelist Raymond Chandler once said, \u201cThere is no bad whiskey. There are only some whiskeys that aren\u2019t as good as others,\u201d and boy was that ever the case for a<\/p>\n","protected":false},"author":326,"featured_media":1480440,"comment_status":"open","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-1453305","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1453305","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/326"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1453305"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1453305\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1480440"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1453305"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1453305"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1453305"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}