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Rare Karuizawa whisky to be auctioned with starting bid of US$75,000
A bottle of extremely limited Karuizawa’s ‘The Last Masterpiece 1970’ will be auctioned as an NFT and is expected to command an eyewatering price tag.
For the first time, BlockBar, the world’s first Direct To Consumer NFT marketplace for luxury wines and spirits, is offering rare whisky collectors a chance to purchase a Karuizawa bottle from its last 50-Year-Old cask.
Named ‘The Last Masterpiece 1970′, just 211 bottles remain and one is being made available exclusively via BlockBar as the brand’s first ever NFT.
This bottle is a special edition for BlockBar decorated with bespoke label artwork designed by Souun Takeda, one of Japan’s most esteemed calligraphers.
First distilled in 1970 in the shadow of Japan’s active volcano, Mount Asama, ‘The Last Masterpiece 1970’ was matured in a sherry cask before being bottled in 2020 in an extremely limited run.
“Quite literally we have one of the last drops of Karuizawa, never to be recreated again, so this is a global auction not to be missed!” added Dov Falic, BlockBar co-founder and CEO.
Eric Huang, CEO of Hua Yang International Exhibition Ltd and leading whisky importer in the market, says: “The Karuizawa brand is incredibly unique and we see huge potential for dropping an NFT which includes guaranteeing authenticity for the bottle owner.”
“The major consideration for our partnership with BlockBar is their expertise in luxury spirits and strict control of ensuring bottle authenticity and quality by partnering directly with a brand owner. We are looking forward to recreating the legend of Karuizawa with BlockBar.”
The Karuizawa ‘The Last Masterpiece 1970’ will be auctioned off with a starting bid of US$75,000. Bids can be placed via BlockBar.com and payment may be submitted via ETH, credit card or wire transfer.
The auction will conclude at 5PM EST on Monday 18 July 2022.
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