Whiskey from the 1860s auctioned at Rs 1 crore

The world's oldest whiskey, approximately 250 years old was auctioned at a whopping $137,000 dollars which is more than one crore rupee. The whiskey was placed on auction for six times more than its original price, especially in the era where a single bottle of Scotch can sell for nearly $2 million dollars. 

According to a report in Daily Mail, the Old Ingledew Whiskey was bottled in 1860, but the liquid inside it is believed to be at least a century older than that. 

The Ingledew whiskey was bottled in the 1860s but the liquid inside it is believed to be older than that. It was created by the famous financier of that time, J.P. Morgan. The label on the bottle says, ‘This Bourbon was probably made before 1865, which was in the cellar of JP Morgan. The bottle was later received from his estate after Morgan’s demise. 

Auction house Skinner Inc. had estimated that the bottle would fetch between $20,000 and $40,000. However, the bottle was sold to The Morgan Library, a museum and research institution in midtown Manhattan, for $137,500, in an auction that ended on June 30.

When evaluated by experts, the whiskey was determined to be Bourbon with a 53 per cent probability of being produced between 1763 and 1803. This puts it in the historical context of the Revolutionary War of the 1770s and the Whiskey Rebellion of the 1790s.