World's oldest whiskey comes at 300 pounds a peg!

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Fine art auctioneers and valuers Bonham's, which has been in the business of auctioneering since 1793, will today auction off the world's oldest known bottle of whisky.

The Glenavon, produced by a Speyside distillery, which closed down in the 1850s, could fetch as much as 10,000 pounds [almost $20,000] or 300 pounds a peg [= 60 ml], reports The Scotsman.

Collectors, it seems, have expressed a willingness to pay thousands for the olive-green bottle that sports a yellowing label that simply declares that it is "Glenavon HHH Liqueur Whisky", and has no date. The bottom line states: "Bottled by the Distillers."

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