Status goods change over time

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In Scotland, you can buy a 16th-century castle for a little more than a million dollars.

On Wednesday, someone paid a similar amount for a 750-milliliter bottle of single malt whisky described as “the Holy Grail” of the dark alcoholic spirit: just over $1.1 million, a record.

The 60-year-old Macallan Valerio Adami 1926 is “one of the rarest and most desirable bottles ever produced,” according to a specialist at Bonhams, the auction house in Scotland that made the sale. The price included a bid of 700,000 pounds, or about $900,000, plus a £148,000 sales premium.

The identity of the private buyer was not revealed. But a Bonhams spokesman said on Wednesday that the person was from Asia and had made the bid over the phone.

That is from Anna Schaverien at The New York Times.  Do note that it is harder to steal a castle:

If the new buyer chooses to preserve the bottle untouched, the fate of the world’s most expensive bottle of vodka serves as a cautionary tale.

The gold and silver bottle, with its diamond-encrusted cap, which was said to be worth $1.3 million, was stolen from a bar in Copenhagen in January.

After days of searching, the police found the bottle dented — and empty.

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