A 156 year old port sold in early April for $134,000 at auction, beating the previous record set in November 2018, of $126,000.
The 2019 Wealth Report recommends rare whisky as one of the best investments you can make, with returns reaching record levels over the past year, and the fine wine market has also seen some staggering increases in value over the previous year, at around 9%. However, it is the latest offering from auction house Sotheby’s that is causing a stir in the investment market.
The exceptionally rare vintage port is from the Niepoort family, created in 1863, and one of five decanters released for sale with net proceeds going to The Nature Conservancy. It would seem that the exquisite engraved crystal decanter has pushed the price up, according to experts.
The Lalique designed bottle is styled after an original 1905 demi-john, with each of the five decanters bearing the name of one of the Niepoort generations. It is presented in a bespoke Macassar ebony wood case which has crystal inlays and is engraved with the Lalique grape pattern.
The engraved crystal decanter follows in the footsteps of the recently auctioned Macallan 1926, whose artwork on the bottles, by renowned artists Sir Peter Blake and Valerio Adami, was as admired and sought after as the rare whisky held inside.
The 1863 vintage port has been described as “an incredibly rare Port, the result of years of dedication and craftsmanship”, and awarded a perfect score by experts James Suckling and Jancis Robinson.
