Metacask to auction rare 1988 whisky cask for $3 million

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  • MetaCask is set to auction off rare whiskey casks starting February 12, with 35-year-old casks fetching more than $3 million.
  • The cask is held in Scotland as The Macallan Distillery.
  • A digital art and NFT offering will be offered as part of the sale.

metacaskThe Macallan Distillery, a leading marketplace for spirits casks and bottles, is set to auction off a rare 1988 whiskey cask from Scotland.

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

Number #4178 The cask comes with a 1/1 animated art piece called ‘The Dragon’ – a masterpiece by Ruben Frosali, one of Italy’s most renowned artists.

Metacask’s highly anticipated cask auction

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

,Metacask auctioned ‘The Angel Share’ in 1991 to 2021 Now just a year later, we’re back with another highly anticipated auctionNim Siriwardena, co-founder and CTO of MetaCask, said in a statement.

Latest auction scheduled between 12 to 19 February 2023 metacask market, Bidding is open for USD while settlement will be in either bank transfer or cryptocurrency.

MetaKask said in a press release that as part of the sale, the buyer will receive an audio-visual non-fungible token (NFT) of original Ruben Frosley art. NFT will serve as a digital deed, which will not only provide ownership and provenance but will also be useful for price discovery.

Potential buyers may wish to know that the whiskey was last reclassified at 51.2% alcohol by volume (ABV), with approximately 495 bottles remaining.

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