What does exceptional whiskey cost? At Spec's, it's $250,000

    Chris Watt of Dalmore speaks at the unveiling of the Constellation Collection at Spec's.: Syd Kearney : 29-95Chris Watt of Dalmore speaks at the unveiling of the Constellation Collection at Spec's.: Syd Kearney : 29-95
    What can you buy with $250,000?

    You could purchase a new three bedroom home in Sugar Land.

    You could pony up for 10 spanking new Jeep Grand Cherokees.

    You could take seven guests on a 106-day around the world tour on the Queen Mary 2.

    Or you can spend the entire wad on the 21 bottles of whiskey that make up the Dalmore Constellation Collection, now displayed, and for sale, at Spec’s Warehouse Store. The 21 single cask whiskeys produced by Dalmore’s master distiller Richard Patterson represent the Scottish distillery’s work between the years 1964 and 1992.

    Dalmore’s is releasing just nine Constellation Collections worldwide in 2012. With only two of the nine designated for U.S. stores. Spec’s, it seems, has landed a coup. (Dalmore representatives were mum on where the second stateside collection may turn up.)

    The rare bottles that make up the Constellation Collection are considered investment grade whiskies. In fact, Dalmore is known for making whiskey investors look smart.

    “In 2010, Dalmore released a Sirius, a 1951 vintage, which sold for about $16,000. A year later, the bottles were selling for twice that,” said Trent Roberts, the Texas State Manager for Whyte & Mackay, the parent company of Dalmore.


    Courtesy photoCourtesy photo
    “The Constellation Collection is an extremely rare and precious offering, and our customers will appreciate the opportunity to purchase something that only a few other people in the world have the privilege of owning,” said John Rydman, Spec’s CEO. “Our customers who purchase some of the rarest bottles of scotch understand that this can be a superior alternative investment, actually outperforming some traditional alternative investment assets, and we are confident this collection will attract the right buyer.”

    I can’t be sure the dozen or so of spectators on hand for the unveiling Monday night were purchasers of rare scotches. (They were enjoying free tastings of one of Dalmore’s less lofty vintages.) I know some customers were nonplussed by the procedings, particularly the woman behind me who was telling a clerk that she wanted “anything that’s under $5.”

    Still, it was easy to be enthusiastic for Spec’s. The whiskeys can be viewed near the scotch aisle in a specially constructed display case.

    Chris Watt, the charming Scot who is the “global head of brand” was on hand at the unveiling and spoke about Dalmore’s long history of producing single malts whiskeys. Speaking about the Constellation Collection, he said each bottle was notable on in its own and pointed to the whiskey’s variations in color, which range from gold and honey to black cherry and copper.

    “Take the 1992 (the youngest whiskey in the collection), Watt said. “It’s exceptional not because of its age but because of the maturation process. It was finished in an exquisite port cask. A whiskey is made exceptional by the nurturing, not the aging.”

    Single bottles featured in collection will be released as available and will range in price from $3,000 to $30,000.

    Whyte and Mackay’s Roberts said it is not unusual for investors to purchase two bottles of a pricey vintage. One is for sipping and one is wealth-building.

    As for Spec’s Constellation Collection pricing? “We are asking $237,500 cash price,” says Kylie Boaz, “or $250,000 regular price.”

    Pure Spec’s.

    Spec’s Warehouse: 2410 Smith St., 713-526-8787

    Comments

    rustybob Tue, 10/09/2012 - 2:53pm

    My @ss.

    Anonymous991 Tue, 10/09/2012 - 2:59pm

    It's refreshing to read about liquors that are ridiculously expensive for a reason other than being sold out of a ridiculously expensive bottle.

    Texas Ldy Tue, 10/09/2012 - 3:33pm

    I wonder how it taste

    No name Tue, 10/09/2012 - 3:33pm

    I believe the proper spelling is Whisky for the Scottish version.

    PayAttention Tue, 10/09/2012 - 3:47pm

    I think there could be no better example of how incapable of rational values humans can possibly be then for whiskey no one will drink to be an "investment". Openning one of the bottles will render the investment a bust, so for all anyone knows, the liquid inside tastes like raw sewage. Anyone who would spend a quarter million on whiskey and then drink it is likely to be the first one against the wall when the revolution comes.
    Here is an idea: buy a case of really good scotch for $1000 and have a really great party with people you like. That is what good whiskey should be for. Life is to short to brag about whiskey you didn't drink.

    Hello_Clarice Tue, 10/09/2012 - 4:41pm

    So how do you feel about buying property that you aren't ever going to live in as an investment? Perhaps these people already buy $1,000 cases of whiskey and just like the idea of an alternative investment? Diversification of your portfolio is good, correct?

    kalki Tue, 10/09/2012 - 7:48pm

    You sound like you'll be buying these bottles yourself and using them as molotov cocktails against the expensive homes of people better off than yourself.

    Is the Occupy movement slowing down for you these days?

    JRobertStahl Tue, 10/09/2012 - 3:56pm

    I'm pretty sure that if those are all Scotch, the term should be "whisky" without the "e".

    Syd Kearney Tue, 10/09/2012 - 4:12pm

    On the whiskey vs. whisky debate: 29-95 uses the AP Style Book when its comes to such things. From the style book:

    "SCOTCH WHISKY: A type of whiskey distilled in Scotland from malted barley.

    Capitalize Scotch and use the spelling whisky only when the two words are used together. Lowercase scotch standing alone.

    ocjones Tue, 10/09/2012 - 6:58pm

    Watt's red face makes it appear he's had too much of what he's selling.

    Mr. Bill Tue, 10/09/2012 - 7:14pm

    Taste like "Chicken"......

    kalki Tue, 10/09/2012 - 7:51pm

    I saw the Constellation on display in London's Heathrow airport. I saw the prices then (in UK pounds, mind you) and I kept walking and got myself some bottles of Balvenie and Dalmore at the World of Whiskies shop. If I had the funds, I'd still probably give these a pass. There's a lot of rare whiskies to be had at cheaper prices.

    OIF VET Tue, 10/09/2012 - 8:16pm

    And I thought the Iraqis were ripping me off for whiskey.

    Anonymous belongs to a registered user? Ridiculous Wed, 10/10/2012 - 9:57am

    I know some customers were nonplussed by the procedings, particularly the woman behind me who was telling a clerk that she wanted “anything that’s under $5.”

    Nonplussed means confused. Why would you surmise that she was confused just because she was looking for something cheap? Or did you make the mistake of thinking that nonplussed means unimpressed?

    Syd Kearney Wed, 10/10/2012 - 10:52am

    I think some customers definitely were confused by the event. It's 6 p.m. and most were just trying to get through the store to the beer coolers to stock up for a 7:30 p.m. prime-time Texans game. I can't be certain that anyone other than the folks from Dalmore and Spec's knew what was happening before they arrived at the store. I had only learned about the unveiling a couple of hours beforehand.

    So, yes, I meant nonplussed. And the woman behind me was definitely confused. She ran her wheelchair into me.

    GuidoTheMan Wed, 10/10/2012 - 10:39am

    The picture of Syd is hilarious. Lighten up man, you're in Texas. Lose the tie. We won't tell your boss back in Europe. I seriously doubt that anyone who walks through the doors of a Spec's store is going to buy $250,000.00 worth of any liquor unless it come in a tanker truck.

    adwiz bug