Fine And Rare Collection T H E FA L L AU C T I O N

A LEGENDARY COLLECTION OF THE MACALLAN FINE & RARE AND ADDITIONAL RARE VINTAGE SCOTCH (LOTS 1345-1383) It is with great pride that Zachys presents the single greatest collection of The Macallan Fine & Rare ever brought to auction. To say that this is a once-in-a-lifetime collection is an understatement as many of these bottles are not currently available anywhere in North America and most of them have never been seen at auction. The focal point is a collection of the initial offering of The Macallan Fine & Rare first released in 2002. With the exception of 1926, all other vintages from this initial release are represented in the following twenty-six lots. Each one of these bottles is extremely rare, with production in some vintages barely cracking the hundreds and some only in double digits. These bottles of Fine & Rare were meticulously procured over several months in 2008 from a single retail store in Canada. The entire inventory for the store was acquired directly from The Macallan and was one of only two sets of this collection brought into the country. The acquisition of these bottles by a single collector was impressive enough to garner a handwritten thank you note from David Cox, Director of Fine and Rare Whiskies at The Macallan. The collection doesn’t stop there! Also on offer from The Macallan is the 50 Year Old in Lalique, one of only 470 bottles produced, as well as the Fine Oak 30 Year Old Masters Of Photography Series “Rankin.” Hailing from the venerable Bowmore distillery are the three bottles that comprise the Bowmore Trilogy (Black, Gold & White), together at Lot 1376. We close out this collection with impressive fifty year old gems: Auchentoshan 50 Year Old Cask 480 distilled in 1957, Dalmore 50 Year Old Single Malt in crystal decanter, and Glenfarclas 50 Year Old distilled in 1955. The bottles in the following lots represent a Scotch lover’s dream and it is with a heavy heart that this consignor has decided to part with his prized collection. Over several years, this gentleman acquired these bottles one at a time and took great pains to store them all in pristine condition. Given the extravagance of the packaging for some of these bottles, no expense was spared in the protection, maintenance, and transportation of these precious bottles. They are beyond a doubt perfect. Stu Jakub

“We see The Macallan Fine & Rare Vintage Collection as the apogee of The Macallan’s illustrious ancestry – a liquid expression of the excellence, refinement, and style that have become the hallmark of the brand.” David Cox, Director, The Macallan Fine & Rare

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Fine And Rare Collection T H E FA L L AU C T I O N

Q & A With David Cox, Director, THE MACALLAN FINE & RARE How did you come to work for The Macallan? I started working full time in the whisky business in 1982, after seven years in Asia Pacific and southern Africa. After some years with United Distillers in London, I moved to Scotland to work on The Famous Grouse and Highland Park in North America, before becoming marketing controller of The Macallan in 1998. I have been with the brand ever since. When you choose a barrel of whisky for The Fine And Rare series, what qualities do you look for? A combination of outstanding character (aroma and taste) and in the older casks, a style redolent of Macallan produced in earlier years when differences in raw materials, fermentation times, and firing of the stills would have resulted in differences in style from modern day Macallan. Should a consumer expect The Macallan Fine And Rare bottled at thirty years of age (such as the 1971) to have similarities to the regular thirty year Macallan? Similar maybe in terms of “weight,” mouthfeel, and fullness of taste but not necessarily in terms of specific aromas and tastes, as much will have depended on the selection of casks assembled for the particular vatting. Over time, has the mash bill used by The Macallan shifted to match current tastes? The Macallan doesn’t introduce production changes to try and match “current tastes.” In the case of the mash bill, The Macallan uses a combination of the mainstream industry barley and a variety grown exclusively for The Macallan in Scotland and Northumberland which helps to gives the oiliness and viscosity characteristic of The Macallan’s new make spirit. The Macallan stays faithful to those production elements which give the maturing spirit its distinctive character and great quality. For each label, there were a limited number of bottles produced. Does the distillery retain any more for sale in the future, or have all the bottles been sold? Not all bottles have been, or will be sold. Some will be retained for the distillery’s own archive, others for use at Easter Elchies House, the home of The Macallan. Using the 1971 vintage as an example, there were sixty-four bottle equivalents produced from one cask, and 128 bottle equivalents produced from a second cask. However, the alcohol levels are distinctly different. To what would you attribute the difference in amount of bottles produced and ABV percentage? Every cask is different, in terms of wood structure and rates of evaporation and extraction. Together with the influence of environmental conditions, such as temperature and humidity, all these fundamental factors will cause differences in the character of the final whisky drawn from the cask, and in its strength.

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The 1946 vintage appears to be the only bottling in this series that was produced from married casks. Every other vintage comes from either a single cask or two separate bottlings. What was the motivation for blending from two casks in this instance? In the judgment of the Whisky Maker back in 2001/2002, there were insufficient differences in character between the two to justify two separate cask bottlings, thus the vatting of the casks to produce the one vintage expression. How are you handling the increased demand for The Macallan Fine & Rare from around the globe? The market really finds its own level, knowing that these releases are rare and won’t be repeated. Any restriction of supply automatically leads to market adjustments in terms of availability, price, etc.. Is there potential for future releases of any year past or present? We try to release a new vintage each year where we have a cask, or casks, of sufficiently outstanding quality. We began with thirtyseven individual vintage releases in 2002; there are now fifty. In some years we haven’t had stocks left and sometimes the releases don’t always follow a chronological order, depending on stock drawdown for different releases at different times. At the moment for example, our Whisky Maker is looking at a possible new vintage release from the mid 1980s, whereas last year’s release was from 1990. However we will not be introducing new releases from years which currently exist. What do you think has changed within the last decade that has led to an increased demand for and popularity of fine whisky? It’s a relatively new field for investors and collectors, with more obviously limited stocks and bottlings than are general in the world of wine, excepting the very top chateaux and domaines. Prices and availability have responded accordingly over the last few years. What is your favorite accompaniment to The Macallan 50 Year Old? Good company! While all the bottlings are of undoubtedly high quality, do you have one or two that are your personal favorites? 1953; Queen Elizabeth was crowned, Everest was scaled and, unremarked in the world’s media, I was born!

Zachys tel 1.914.448.3026 • fax 1.914.313.2350 • [email protected] • zachys.com

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Lots 1345-1370

Lots

Fine And Rare Collection T H E FA L L AU C T I O N

Scotch Macallan Fine and Rare 32 Year Old Single Malt Scotch 1937 original wood case first bottled in 1969, re-bottled in 2002 Nose: Fresh apple fruits, floral and lemon citrus enriched with light ginger spices. Good wood maturity balanced with peat smoke and dried fruits. Palate: Apple, lemon citrus with hints of drying wood, warming and peaty Finish: Balanced fruits, wood with lingering and drying peat smoke. Strength 43% ABV 174 bottles produced 1345 1 bottle per lot US$16,000-24,000

Macallan Fine and Rare 35 Year Old Single Malt Scotch 1938 original wood case first bottled in 1973, re-bottled in 2002 1346 1 bottle per lot US$14,000-20,000

Nose: Soft and inviting with balanced apples and citrus orange, wood, peat, and spices – this time ginger and nutty. Palate: Nutty, woody, and peat smoke – a classic old Speysider. Finish: Peaty smoke with apples and citrus orange with great balance and finesse. Strength 43% ABV 48 bottles produced

Macallan Fine and Rare 40 Year Old Single Malt Scotch 1939 original wood case first bottled in 1979, re-bottled in 2002 1347 1 bottle per lot US$14,000-20,000

Nose: Orangey with rich dried fruits of prunes and dates. Treacle and vanilla toffees with light peat smoke and wood. Palate: Rich peat and powerful wood which gently dries the palate. Sweet toffees overlaid with fruits help reduce the dryness, resulting in greater balance. Finish: Drying finish of peat smoke and classic long-term wood aging with lighter fruits. 54 bottles produced

Macallan Fine and Rare 37 Year Old Single Malt Scotch 1940 original wood case first bottled in 1977, re-bottled in 2002 1348 1 bottle per lot US$15,000-22,000

Nose: Fruity esters, perfumed and forward. Light oiliness apparent with tangy citrus of lemons and limes. Palate: Complex mix of tangy citrus fruits, spiced wood, and robust peat smoke. Finish: Citrus, peat, spices and wood – long, long, long finish. Strength 43% ABV 132 bottles produced

Lot 1345

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Fine And Rare Collection

Fine And Rare Collection

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Macallan Fine and Rare 56 Year Old Single Malt Scotch 1945 original wood case bottled in 2002, cask #262 1349 1 bottle per lot US$14,000-20,000

Nose: Floral, fragrant, and appley with a clear lemon citrus note. Rich peat smoke, hints of wood and vanilla toffee. Palate: Light floral and fruity with clear peat smoke. Subtle wood note with hints of sweet toffee. Finish: Peat with fruits – especially lemon, slightly drying wood. Strength 51.5% ABV 152 bottles produced

Macallan Fine and Rare 51 Year Old Single Malt Scotch 1951 original wood case bottled in 2002, cask #644 1355 1 bottle per lot US$12,000-18,000

Macallan Fine and Rare 56 Year Old Single Malt Scotch 1946 original wood case bottled in 2002, cask #46/3M 1350 1 bottle per lot US$14,000-20,000

Nose: Rich lemon citrus nose with strong peat smoke. Hints of ginger spices and apple fruits. Palate: Good lemon with mature wood and strong peat smoke. Finish: Lingering peats and woodsmoke. Strength 44.3% ABV 350 bottles produced

Macallan Fine and Rare 15 Year Old Single Malt Scotch 1947 original wood case first bottled in 1962, re-bottled in 2008 1351 1 bottle per lot US$13,000-19,000

Nose: Peated, citrus fruits, chocolate orange with vanilla oak notes in the background. Palate: Light fruits with peat. Bitter chocolate and wood spice. Finish: Lingering fruits and peat smoke. Strength 45.4% ABV 270 bottles produced

Macallan Fine and Rare 50 Year Old Single Malt Scotch 1952 original wood case bottled in 2002, cask #627 Nose: Honey, lemon citrus, light peat, and wood. Robust floral notes. Palate: More dried fruits (raisins) than on the nose. Peat smoke is still evident. Finish: Mixed dried fruits and lemons with light drying peat smoke. Strength 50.8% ABV 465 bottles produced 1356 1 bottle per lot US$13,000-19,000

Macallan Fine and Rare 53 Year Old Single Malt Scotch 1948 original wood case bottled in 2002, cask #609 1352 1 bottle per lot US$12,000-18,000

Nose: Soft peat, lemon citrus, and appley. Honey sweetness and balanced wood note. Palate: Floral, light fruits with a lightly burnt peat smoke. Finish: Excellent peat and light fruit balance. Strength 45.3% ABV 160 bottles produced

Macallan Fine and Rare 53 Year Old Single Malt Scotch 1949 original wood case bottled in 2002, cask #136 1353 1 bottle per lot US$14,000-20,000

Nose: Tropical fruit (pineapple) with some dried fruit raisins. Light wood and peat. Palate: Pineapple and other fruits with light cinnamon spices and peat. Finish: Tropical fruit sweetness balanced with drying peat smoke. Strength 49.8% ABV 160 bottles produced

Macallan Fine and Rare 52 Year Old Single Malt Scotch 1950 original wood case bottled in 2002, cask #600 1354 1 bottle per lot US$14,000-20,000

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Nose: Apple fruits with floral notes and peat. Light background of dried fruits. Palate: Balanced fruits with peat smoke and light wood. Light vanilla from this second fill cask. Finish: Rich fruit and smoky peat with mixed all spice Strength 51.7% ABV 467 bottles produced

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Nose: Robust green apples, lemon zest, and light peaty phenols. Hints of cinnamon spices. Palate: Apples and lemons with a hint of peat. Finish: Vibrant apple fruits and lemon give way to drying peat smoke. Strength 52.3% ABV 348 bottles produced

Macallan Fine and Rare 49 Year Old Single Malt Scotch 1953 original wood case bottled in 2002, cask #516 1357 1 bottle per lot US$14,000-20,000

Nose: Rich orange citrus, dried fruits, and robust cloves. Palate: A complex balance of spicy cloves, tangy orange, and raisins with rich wood. Finish: Strong, mature wood with spices. Strength 52% ABV 100 bottles produced

Macallan Fine and Rare 47 Year Old Single Malt Scotch 1954 original wood case bottled in 2002, cask #1902 1358 1 bottle per lot US$14,000-20,000

Nose: Dark, dried fruits (prunes) with robust resins with cloves, ginger, and wood. Palate: Classic first fill sherry cask with dried fruit, clove-like spices, and treacle toffee. Finish: Treacle toffee, cloves, and prunes. A classic expression of a well aged first fill, Spanish oak sherry cask. Strength 50.2% ABV 366 bottles produced

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Macallan Fine and Rare 46 Year Old Single Malt Scotch 1955 original wood case bottled in 2002, cask #1851 1359 1 bottle per lot US$12,000-18,000

Nose: Prunes, dates, and figs with massive clove spice notes and wood. Palate: Dried fruits on the nose lightened with citrus orange and spices. Finish: Citrus orange and prunes with a well aged wood signature. Strength 45.9% ABV 175 bottles produced

Macallan Fine and Rare 43 Year Old Single Malt Scotch 1958 original wood case bottled in 2002, cask #2682 1360 1 bottle per lot US$11,000-16,000

Nose: Light fruits of apples, citrus, and raisins with strong wood. Palate: Fruity and charred oak. Finish: Forward light fruits giving way to burning oak fires. Strength 53.7% ABV 100 bottles produced

Macallan Fine and Rare 43 Year Old Single Malt Scotch 1959 original wood case bottled in 2002, cask #360 1361 1 bottle per lot US$12,000-18,000

Nose: Wood shavings and dried fruits with spice and light malted barley. Palate: Dry wood at first, complexed with citrus and dried fruits. Finish: Spices and tannic oak. Strength 47% ABV 199 bottles produced

Macallan Fine and Rare 37 Year Old Single Malt Scotch 1964 original wood case bottled in 2002, cask #3312 1362 1 bottle per lot US$14,000-20,000

Nose: Huge fresh smoldering peats with apples, citrus, and floral perfume notes. Palate: Rich peaty phenols and wood smoke with hints of fruits. Finish: Burning peat and wood – a surprising character from a Speysider. Strength 58.6% ABV 135 bottles produced

Macallan Fine and Rare 36 Year Old Single Malt Scotch 1965 original wood case bottled in 2002, cask #4402 1363 1 bottle per lot US$8500-12,000

Nose: Good fruits, lemons, and orange citrus with medium dried fruits. An even balance of wood maturity and spice with light vanilla toffee. Palate: Citrus burst and fruity with light spices and a pleasing nutty dryness. Finish: Drying woody notes balance forward fruits with a late finish of toasted nuts. Strength 56.2% ABV 447 bottles produced

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Macallan Fine and Rare 35 Year Old Single Malt Scotch 1966 original wood case bottled in 2002, cask #7878 1364 1 bottle per lot US$7500-11,000

Nose: Robust cloves and ginger resins with wood and prunes. Hints of lighter estery notes (apples/citrus/floral) are complexed with a treacle toffee nose. Similar to sherry fruit cake. Palate: Massively spicy and prune like, balanced with light estery fruits and toffee. Finish: Drying clove spices with wood resins and dried fruits. Strength 55.5% ABV 135 bottles produced

Macallan Fine and Rare 35 Year Old Single Malt Scotch 1967 original wood case bottled in 2002, cask #1195, distilled 1967 1365 1 bottle per lot US$7500-11,000

Nose: Massive fruits – an almost parma violet/floral character to the fore. Palate: Orange zest now evident with some spice and wood. Finish: Long, fruity, and floral finish with a late burst of wood. Strength 56.3% ABV 432 bottles produced

Macallan Fine and Rare 34 Year Old Single Malt Scotch 1968 original wood case bottled in 2002, cask #2875 1366 1 bottle per lot US$7500-11,000

Nose: A hint of vanilla toffee with apple fruits, floral and light citrus. Palate: Vanilla toffee and fruits. Finish: Light fruits and lingering vanilla sweetness. Strength 51% ABV 109 bottles produced

Macallan Fine and Rare 32 Year Old Single Malt Scotch 1969 original wood case bottled in 2002, cask #9369 1367 1 bottle per lot US$7500-11,000

Nose: Forward wood, nuts and spices with a late dried fruit aroma. Palate: Big, rounded and very woody. Finish: Huge wood with a balance of fruits and clove-like spices Strength 50.6% ABV 548 bottles produced

Macallan Fine and Rare 31 Year Old Single Malt Scotch 1970 original wood case bottled in 2002, cask #9033 1368 1 bottle per lot US$6500-10,000

Nose: Powerful prunes and raisiny nose with very assertive clove spices. Treacle toffee background with a pronounced orange citrus note. Palate: Resinous wood spices and dried fruits balanced with orange citrus. Finish: Citrus orange, spicy, and dried fruits enveloped in wood. Lingering and mouth coating. Strength 52.4% ABV 186 bottles produced

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Macallan Fine and Rare 30 Year Old Single Malt Scotch 1971 original wood case bottled in 2002, cask #4280 1369 1 bottle per lot US$6500-10,000

Nose: Clear prunes and other mixed dried fruits with complex wood spices-cloves, ginger, and nutmeg. Palate: Prunes and raisins balanced with clove spice and wood. Finish: Dried fruits and drying spice delivering a long finish. Strength 56.4% ABV 536 bottles produced

Macallan Fine and Rare 29 Year Old Single Malt Scotch 1972 original wood case bottled in 2002, cask #4041 1370 1 bottle per lot US$6500-10,000

Nose: Classic sherried dried fruit notes of raisins and prunes. Clove spices are very forward with hints of chocolate/treacle toffee sweetness. Palate: Dried fruits and rich Spanish oak wood spices with a subtle aniseed, nutty character. Finish: Massive fruits and spice delivering an everlasting after taste that finishes with a subtle aniseed note. Strength 49.2% ABV 64 bottles produced

Macallan Fine Oak 30 Year Old Masters of Photography Series “Rankin” Single Malt Scotch original packaging including Rankin booklet 1371 1 bottle per lot US$1300-1900

Nose: Rich, exotic, heady and aromatic, orange. Palate: Intense, macadamia nut and vanilla with a hint of sandalwood and black cherry. Finish: Soft, silky and extremely elegant. Strength 43% ABV 1000 bottles produced

Macallan 50 Year Old Single Malt Scotch in Lalique bottle #80, original leather display case 1372 1 bottle per lot US$24,000-40,000

Nose: Heady top notes of cumin, cardamom and darkest maraschino. Palate: All encompassing and aromatic with dark prunes and plain chocolate. Finish: Very long with a sherry oak signature and a hint of peat smoke. Strength 46% ABV 470 bottles produced

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Lots 1371 & 1372

Lots 1373-1375 & 1380-1383

Lot 1376

Bowmore 38 Year Old Single Malt Scotch 1957 bottle #347, original wood presentation case Strength 40.1% ABV Bottled in 1996 861 bottles produced 1375 1 bottle per lot US$4000-6000 Auchentoshan 50 Year Old Cask 480 Single Malt Scotch 1957 bottle #049, orignal packaging Nose: Gentle aromas of warm, sweet honey, barley sugar and fresh lemon zest, beautifully complemented by cool hints of eucalyptus. Palate: Crème caramel combines wonderfully with dry, subtle notes of oak. Finish: Exquisite; long, lingering and perfectly balanced. Strength 49.1% ABV Bottled in 2007 144 bottles produced 1373 1 bottle per lot US$3800-6000

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Benromach 55 Year Old Single Malt Scotch 1949 bottle #59, original packaging Nose: It has delicate, perfumed notes, with spices and a subtle smoky edge with traces of menthol and hessian. Palate: On the palate it is coating, with an oily texture, where oak and peat smoke flavours combine. Finish: Slightly sweet with a hint of smoke and malt. Strength 42.4% ABV Bottled in 2005 83 bottles produced 1374 1 bottle per lot US$6000-9000

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Bowmore Trilogy 1964 • Bowmore Black 42 Year Old Single Malt Scotch 1964 (1) bottle #672 of 827, orginal Sherry Cask • Bowmore Gold 44 Year Old Single Malt Scotch 1964 (1) bottle #104 of 701, original Fine Oak cask • Bowmore White 43 Year Old Single Malt Scotch 1964 (1) bottle #670 of 732, original Bourbon cask 1376 above 3 bottles per lot US$16,000-24,000

Bowmore Black 42 Year Old Single Malt Scotch 1964 Lot 1377: bottle #649, original Sherry Cask Lot 1378: bottle #655, orginal Sherry Cask Nose: Incredible aromas of exotic fruits, ginger and cinnamon. Palate: Hints of ripe mango, toffee and dark chocolate with the faintest hint of the smokey Bowmore signature. Finish: Luxurious, creamy and warm. Strength 40.5% ABV Bottled in 2007 827 bottles produced 1377 1 bottle per lot US$5500-8000 1378 1 bottle per lot US$5500-8000

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Dalmore 50 Year Old Single Malt Scotch UK tax stamp, original wood presentation case with crystal decanter “This one is incredibly viscous on the nose and palate (and very heavy on the tongue), with chewy toffee and old pot still rum. The classic Dalmore marmalade note shines throughout, along with vanilla cream, an array of dried spices (especially cinnamon and evergreen), juicy oak, forest bedding, rancio, old armagnac, polished leather, tobacco, maple syrup, dark chocolate, almond macaroon, and subtle espresso. Long, mouth-coating finish. The flavors evolve like waves lapping on the palate -- especially the interplay with the oak...96.” John Hansell (Whisky Advocate) 6/09. Bottled in 1978 Strength 52% ABV 60 bottles produced 1379 1 bottle per lot US$22,000-32,000 Glenfarclas 50 Year Old Single Malt Scotch 1955 bottle #72, bottled 9/30/2005, original wood presentation case Nose: First of all a big sweet chocolate character, then change to fragrant, and with a hint of fruity noses. Taste: Baked fig with caramelised sugar, authentic European coffee, very rich and round. Finish: Extremely long finish right level of woodiness came through and nice bitterness. Very unforgettable finish. Strength 46.6% ABV Bottled in 2005 110 bottles produced 1380 1 bottle per lot US$3000-4600

Glenfiddich 50 Year Old Single Malt Scotch original leather box Vibrant, zesty, vanilla, toffee and gentlesmoke. Features notes of zesty orange marmalade and vanilla toffee, followed by layers of herbs, fruit, hints of smoke, and a dry oaky finish. Strength 46.1% ABV 1381 one 50ml per lot US$1100-1600 Glengoyne 40 Year Old Single Malt Scotch bottle #202, original wood display packaging with leather bound outer case Nose: Oily, red apples, créme brulee, ripe strawberries and cream. World class. Palate: Layers of ripe bananas, spiced plums, honey and cereal, dries into grapefruit, then soft oak. Complex. Finish: Long, dry and lingering. “Aged in sherry butts, which is a departure from some of the older Glengoyne vintage samples I currently have which show more American Oak (ex-bourbon) characteristics. This is a very fruity, spicy, textural dram, with spiced apple, red raspberry, strawberry, plum, golden raisin, fried plantain, and creme brulee. Good grip on the finish, with grape stems and warming spice (cinnamon, cracked peppercorn, and clove). I love the balance on this whisky. It has aged very gracefully...94.” John Hansell (Whisky Advocate) 12/09. Strength 45.9% ABV Bottled in 2009 250 bottles produced 1382 1 bottle per lot US$4000-6000 Glenlivet Cellar Collection Single Malt Scotch 1959 original wood case bottle #284 Nose: Rich, fruity aromas of raisins and ripe bananas. Notes of sherry and walnuts interplay with a spicy oakiness. Palate: Full and wonderfully smooth with the perfect balance of sweet plums and the deep floral extravagance of heather in bloom. Finish: Long and lingering with a warm, fruity spiciness. Strength 42.19% ABV Bottled in 1959 400 bottles produced 1383 1 bottle per lot US$1500-2200

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Lot 1379