Macallan 1938 - 31 Year Old - Fine & Rare
The Macallan 1938, aged 31 years, is part of the Fine & Rare series and is a notable vintage single malt whisky. Distilled in 1938 and bottled in 1969, this whisky was re-bottled in 2002 by the Macallan distillery, as indicated on the label. The re-bottling process was done by hand, ensuring the preservation of its quality. A limited release of 198 bottles makes this a scarce item for collectors and investors.
Auctioned Now
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Recent Market Insights for Macallan 1938 - 31 Year Old - Fine & Rare
Latest Average Price
£ Unlock in July 2026
The average hammer price of the bottle based on recent auction results.Average Annual Change
Unlock % since its first sale in 2017
The average yearly change in the bottle's value since its first recorded sale.Liquidity Score
Unlock % derived from 19 auctioned bottles
The share of auctioned bottles that actually sold, based on 19 lots. A higher value means it sells more consistently.Sales Summary
Statistics on auction sales and prices over time
This calculation includes all Macallan 1938 31 Year Old Fine & Rare from all auctions during the entire observation period.
Auction sales and price statistics for the past 3 months
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There may not be enough data to calculate the metrics.
Auction sales and price statistics for the past 6 months
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Auction sales and price statistics for the past 12 months
This calculation includes all Macallan 1938 - 31 Year Old - Fine & Rare auctioned from December 2025 to July 2026.
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Auction sales and price statistics by year, cumulative total 2017-2026
Between 2017 and 2026, the value of Macallan 1938 31 Year Old Fine & Rare underwent an average annual change of %.
This table shows the information for each year in which this whisky was sold at auctions, compared to the previous year and cumulatively over time.
The hidden data is unlocked by the Extended Data feature, which is currently included only with the Hogshead plan.
| Year | Sold | Unsold | Sold Ratio | Avg. Price | Vs Previous | Cumulative |
|---|---|---|---|---|---|---|
| 2017 | % | £ | % | % | ||
| 2019 | % | £ | ||||
| 2020 | % | £ | ||||
| 2021 | % | £ | ||||
| 2022 | % | £ | ||||
| 2023 | % | £ | ||||
| 2025 | % | £ | ||||
| 2026 | % | £ |
Track the auction price history for Macallan 1938 - 31 Year Old - Fine & Rare from the earliest recorded sale to the latest. Subscribe to unlock the full interactive chart.
Past: Recent Results
Recent hammer prices from past online auctions for Macallan 1938 - 31 Year Old - Fine & Rare - 700 ml / 43% and closely matching bottles. Past results are a useful reference point when estimating current market value.
| Date | Bottle | Winning Bid |
|---|---|---|
| September 2023 |
The Macallan Fine & Rare 31 Year Old 43.0 ABV 1938 - 75cl
PAST
Sotheby's Whisky Auction
USA
|
16127.4 £ |
| July 2023 |
Macallan 1938 Fine and Rare 31 Year Old
PAST
Whisky Auctioneer
UK
|
21000.0 £ |
| May 2023 |
The Macallan Fine & Rare 31 Year Old 43.0 ABV 1938 - 70cl
PAST
Sotheby's Whisky Auction
USA
|
21068.7 £ |
| May 2023 |
The Macallan Fine & Rare 31 Year Old 43.0 ABV 1938 - 70cl
PAST
Sotheby's Whisky Auction
USA
|
19448.1 £ |
| May 2023 |
The Macallan Fine & Rare 31 Year Old 43.0 ABV 1938 - 70cl
PAST
Sotheby's Whisky Auction
USA
Reserve Not Met
|
- |
| September 2022 |
The Macallan Fine & Rare 31 Year Old 43.0 ABV 1938 - 75cl
PAST
Sotheby's Whisky Auction
USA
|
26057.8 £ |
| April 2021 |
The Macallan Fine & Rare 31 Year Old 43.0 ABV 1938 - 70cl
PAST
Sotheby's Whisky Auction
Asia
|
20446.1 £ |
| February 2021 |
The Macallan Fine & Rare 31 Year Old 43.0 ABV 1938
PAST
Sotheby's Whisky Auction
UK
|
24000.0 £ |
| January 2021 |
Macallan 1938 Fine and Rare 31 Year Old
PAST
Whisky Auctioneer
N/A
Reserve Not Met
|
- |
| October 2020 |
The Macallan Fine & Rare 31 Year Old 43.0 ABV 1938
PAST
Sotheby's Whisky Auction
UK
|
30000.0 £ |
Fine and Rare series:
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Bottle data updated 13 Jul 2026