Illustration of Luxury Spirits Collectors Driving Million-Dollar Sales

Luxury Spirits Collectors Driving Million-Dollar Sales

In recent years, alcohol collectors have spent upwards of a million dollars at auctions and private sales to acquire especially coveted bottles of liquor and wine.

In January of last year, Vietnamese collector Viet Nguyen Dinh Tuan spent more than $2 million on a rare bottle of cognac in a private sale. This was not Viet’s first high-value alcohol purchase; his spirits collection is estimated to be worth more than $190 million, according to the Guardian.

While many people can enjoy a good bottle of wine or liquor for less than $100, for connoisseurs and collectors, high-end alcohol is an investment on par with fine art or luxury cars. Whiskey and wine, in particular, are known to improve with age, adding to their value over time.

Learn more about the most expensive bottles of alcohol ever sold.

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