Over the past 10 years, the value of rare whiskey types has increased by 478 percent. As a new infographic from Block-Builders.de shows, other alternative assets are also very popular, including vintage cars and cryptocurrencies.
In a ranking of the most popular investments in luxury items among private bankers, financial advisors and family offices, works of art come first, followed by vintage cars, watches, wines, jewelry and in 6th place rare whiskey bottles.
A look at the returns, however, shows that whiskey investors have shown the luckiest hand in the past decade – at least when cryptocurrencies are not included in the list of alternative investments. In the case of Bitcoin, however, the gain has been around 50,837 percent since May 2, 2013.
Meanwhile, a look at Google search engine data shows that more and more users worldwide are interested in a whiskey investment. In September of last year, the Google Trend Score, which indicates the relative search volume, reached its maximum value (5-year review).
Significant outperformance compared to conventional systems
The Rare Whiskey Apex 1000 shows the performance of the 1,000 most sought-after single malt Scotch bottles. Since the end of 2012, the price has risen by 355 percent. The most expensive bottle went over the counter in 2019 for 1.7 million euros.
But not only whiskey bottles enjoy great popularity. Investments in classic cars have also paid off recently. While the German Oldtimer Index was still at 1,000 in 1999, the number of points in 2019 was 2,645.
“Investments in coveted luxury goods have often paid off in recent years,” says Block Builders analyst Raphael Lulay. “However, it should be remembered that a longer lead time is necessary for a sale. This could turn out to be a disadvantage, especially in a crash ”.
Photos / Source: block-builders.de