Sotheby’s Record Setting Auction. Over $90,000 Fetched for 2 Rare American Whiskeys.

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2023 Sotheby's Spirits Auction

Last Saturday’s super bougie premium American Whiskey Auction via Sotheby’s did not disappoint apparently as 2 coveted rare bottles went for over $90g’s. Records were set. Big cash dished out.

The two big blockbusters, LeNell’s Red Hook Rye 23 Year and Rathskeller Rye, each fetched far beyond their highest initial estimate ranges. The LRHR 23 year scoring $56,250 (est range $20,000 – $30,000) and RR grabbing $37,500 ($18,000 – $24,000).

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LeNell’s Red Hook Rye 23 Year Old Barrel #1 67.6 ABV, sold for $56,250 (est. $20,000 – $30,000)

In the 2000s, LeNell Santa Ana Camacho owned a specialty liquor store in the Red Hook section of Brooklyn. Ahead of her time, she reveled in American whiskey: She not only carried brands like Pappy Van Winkle in her shop, but she traveled to Kentucky to see how she could source more. On one of those trips, she met Drew Kulsveen of the Willett distillery; they got to talking, and soon the two were selecting four barrels of rye whiskey, aged between 23 and 24 years and bottled at cask strength. It was a great choice: the barrels came from a legendary run of whiskey distilled at the Bernheim Distillery, in Louisville, in the early 1980s. Other legendary whiskeys came from the same batch, like Rathskeller Rye and the Bitter Truth, but LeNell’s Red Hook Rye has emerged as the most distinctive and sought after American whiskey, perhaps of all time. To top it all off, this bottle is signed by LeNell herself.

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Rathskeller Rye 136 Proof 1983 (1 BT 75cl), sold for $37,500 (est. $18,000 – $24,000)

Built by two German immigrants in an opulent European style, the Seelbach is Louisville’s grandest hotel. In its basement sits the Rathskeller, a ceramic-encrusted pub that today is used as a ballroom. In 2007 the hotel’s owners commissioned the Willett Distillery to bottle two whiskeys, a bourbon and a rye, to commemorate its rich history. The 24-year-old rye, known as Rathskeller, came from the same run of whiskey that went into bottles like Doug’s Green Ink and LeNell’s Red Hook Rye – legendary company befitting one of the country’s most desired whiskeys.

Built by two German immigrants in an opulent European style, the Seelbach is Louisville’s grandest hotel. In its basement sits the Rathskeller, a ceramic-encrusted pub that today is used as a ballroom. In 2007 the hotel’s owners commissioned the Willett Distillery to bottle two whiskeys, a bourbon and a rye, to commemorate its rich history. The 24-year-old rye, known as Rathskeller, came from the same run of whiskey that went into bottles like Doug’s Green Ink and LeNell’s Red Hook Rye – legendary company befitting one of the country’s most desired whiskeys.

Key Takeaways

  • Highest number of total bids ever placed in a Sotheby’s spirits auction
  • $2.3m in total sales
  • 99% auction items sold
  • Nearly half of items sold ABOVE pre sale estimates
  • Bidders across 21 countries

Speaking after the sale, Jonny Fowle, Global Head of Spirits, said: “This weekend represented a great success for the market, with Sotheby’s final whiskey auction for the year in New York setting a number of new records, not least for Red Hook Rye. This sale garnered the highest number of bids ever placed on a Sotheby’s spirits auction, and contributed to a total of $9M in sales globally over the last 4 weeks alone. We look forward to building upon this result for our first ever Sotheby’s Whiskey Evening Sale on 20 January 2024.”