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Metacask to auction rare 1988 Macallan cask for $3 million

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  • Metacask is set to auction the rare whisky cask starting 12 February, with the 35-year-old cask asking price debuting at over $3 million.
  • The cask is held as The Macallan Distillery in Scotland.
  • A digital art and NFT will be offered as part of the sale.

Metacask, a leading marketplace for spirits casks and bottles, is set to auction (link to auction is here) off a rare 1988 whisky cask from The Macallan Distillery, Scotland.

According to the CasperLabs blockchain powered platform, the sale is for a 35-year old rare Scotch whisky cask.&

The number #4178 cask comes with a 1/1 animated art dubbed ‘The Dragon’- a masterpiece by one of Italy’s most renowned artists Ruben Frosali.

Metacask’s highly anticipated cask auction

The 35-year-old whisky cask is debuting at over $3 million and its auction follows Metacask’s recent success with a 1991 cask sale, which fetched more than $2.3 million.

Metacask auctioned a 1991 cask & ‘The Angel’s Share’ in 2021, now just over a year later, we’re back with another much-anticipated auction,” Metacask co-founder and CTO Nim Siriwardana noted in a statement.

The latest auction is scheduled for between 12 and 19 February 2023 on the& Metacask marketplace. Bidding is open to USD while settlements will be in either bank transfer or cryptocurrency.&

As part of the sale, the buyer will get an audio-visual non-fungible token (NFT) of the original Ruben Frosali art, Metacask said in a press release. The NFT will serve as a digital deed,providing for not just ownership and provenance but also useful for price discovery.

Potential buyers might want to know that the whisky was last regauged at 51.2% alcohol by volume (ABV), with roughly 495 bottles remaining.auctionhere

The post Metacask to auction rare 1988 Macallan cask for $3 million appeared first on CoinJournal.


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