Niche Biz: Investment-Grade Scotch

Macallan Whiskies

If people are willing to counterfeit, people are willing to pay:

The best sign the market is getting hotter? Counterfeiters. There are whispers of scoundrels moving between high-end bars and hotels, collecting fancy bottles and filling them with younger product, or even tea, with the hopes of selling off the result to hapless investors. But older whiskies can be carbon-dated, Simpson says, thanks to midcentury nuclear tests–seriously–that irradiated casks. No radiation? It’s older than 1950. High levels? It’s from 1950 to 1963. Middling? It’s post-JFK.


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