A single-owner auction of American whiskey at Sotheby’s in New York City generated a record $2.5 million in total sales—more than double pre-sale estimates. It was the most valuable single-owner American whiskey collection ever sold at auction. The results underscore a clear market reality: American whiskey remains a premium product with durable demand and growing appeal.

The Jan. 24 auction marked Sotheby’s first live, single-owner American whiskey sale. All 360 lots sold, with 89% exceeding their high estimates. Half of all buyers were aged 40 or younger, and one-third were new to Sotheby’s, signaling continued expansion of the category’s collector base and long-term confidence in American whiskey.

“The narrative that American whiskey is somehow fading just doesn’t hold up,” said Michael Bilello, president/CEO of the American Whiskey Association. “A $2.5 million auction where nearly 90% of lots beat expectations—driven in large part by buyers under 40—tells a very different story. American whiskey is a premium product, fueled by craftsmanship, heritage, and consumer confidence. This isn’t a category in retreat; it’s one that continues to mature and gain momentum.”

The auction featured some of the most coveted names in American distilling history, including Old Rip Van Winkle, Old Fitzgerald, and rare rye bottlings. The standout lot—Old Rip Van Winkle 20 Year Old Single Barrel ‘Sam’s’ (1982)—sold for $162,500, making it the most valuable bottle of American whiskey ever sold at auction.

Additional highlights included:

• Very Very Old Fitzgerald ‘Blackhawk’ 18 Year Old (1950) — $112,000
• Van Winkle 18 Year Old ‘Binny’s’ (1985) — $106,250
• O.F.C. Bourbon Whiskey 115 Proof 1909 — $47,500, nearly triple its high estimate

Sotheby’s reported that 96% of buyers were North America–based, underscoring the strength of domestic demand even as global interest in American whiskey continues to expand.

“Premiumization isn’t a buzzword—it’s a market reality,” Bilello added. “Consumers are trading up, investing in quality, and showing long-term confidence in American whiskey. Events like this auction don’t just make headlines—they confirm the fundamentals.”

As American whiskey continues to command attention on the global stage, the results from Sotheby’s send a clear signal: far from fading, the category is evolving, premiumizing, and attracting a new generation of enthusiasts willing to invest in its future.

“This is a future we’re excited about, planning for, and sharing with the world,” Bilello said. “We think in long-term cycles, and this is a signal that American whiskey will be the world’s whiskey.”