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The Most Expensive Rums: Why They're Worth Their Weight in Gold

Spirit Radar takes your passion for rum and whisky to the next level!

Rum, a spirit steeped in intrigue and elegance, holds a special place in the hearts of connoisseurs and casual sippers alike. Its warm, amber hue whispers tales of artistry, history, and a journey through time and culture. Beyond its captivating appearance and taste, some of the world's most expensive rums are revered not just as beverages, but as emblems of luxury, embodiments of heritage, and testaments to the inexorable passage of time. These rums aren't merely distilled spirits; they are liquid stories, aged to perfection, each with a unique narrative that echoes through every sip.

But what elevates these rums from mere drinks to treasures, sought after like rare gems? What are the secrets behind their lofty price tags that make them as valuable as gold? In this exploration, we will uncork the stories hidden within each bottle and delve into the five pivotal reasons that contribute to their staggering value. Join us on this journey to understand why some rums are not just expensive, but extraordinarily priceless.

Vladimir from Spirit Radar prepared a list of exciting rums in the following categories:

Luxurious Rums in Amazing/Art Bottles

In the realm of high-end rums, the Dictador rum company stands out prominently. Renowned for their luxurious rums housed in beautifully crafted bottles, Dictador has set a high bar in this category. These bottles are not just containers for the rum; they are works of art in their own right, combining aesthetic beauty with the rich flavors of the rum inside. The experience of enjoying these rums is twofold: a delight for the taste buds and a visual treat. This makes them an exceptional choice for rum enthusiasts who appreciate both the taste and the presentation of their spirits. 

Dictador M-City Golden Edition - the most expensive rum in the world

Dictador, a Colombian rum brand, has launched the Dictador M-City Golden Edition, a $1.5 million bottle made from 24-carat gold and designed by artist M-City, breaking the world record for the most expensive rum ever sold. This exclusive bottle offers buyers a unique experience, including a visit to the distillery in Cartagena, Colombia, and the opportunity to create their own blend, with sales by invitation only and customization options using precious stones.

Read the interview with Hernan Parra.

Dictador M City Golden

Other Dictador bottles and series

Richard Orlinski 5 Decades

The Dictador x Richard Orlinski 5 Decades series, including the Platinum, Gold, Blue, Red, and Black Models, is a groundbreaking collaboration in the rum industry, where the spirit is completely encased within a piece of artwork. This initiative positions Dictador as a leading Arthouse Spirit brand, reinforcing its connection with the art world. Masterfully blended by Hernan Parra of Dictador Distillery, each edition features rum from casks aged from 1966 through 2006, celebrating five decades of Richard Orlinski's life and art. Parra carefully selected the finest barrels from his family's private stock in Colombia for this exceptional liquid. Each colorway of the 5 Decades series is limited to 100 bottles, with an additional 25 hand-painted by Orlinski, totaling 525 bottles available worldwide. This series exemplifies a unique fusion of art and high-quality spirits.

Dictador Richard Orlinski 5 Decades Gold 700ml Id 168096

Generations 1976 & 1977 En Lalique

The Dictador Generations bottle, a collaboration between Dictador and Lalique, is a limited series of 300 art pieces inspired by the Caribbean Sea's beauty. Lalique has integrated the sea's enchanting reflections and soundscapes into this masterpiece, using their signature clear and frosted technique to sculpt light through the crystal decanter, bringing the piece to life and adding to their collection of unique alcohol crystal bottles.

Dictador 1976 Generations En Lalique 43 Percent 700ml Id 12040

MOPA-MOPA, Wixarika & Peyote

However, there are several other special series celebrating traditions that are more accessible and affordable.

The Dictador Peyote series is a tribute to taste, art, and heritage, celebrating the Huichol spirit with a blend of travel, art, and culture. This limited collection features 702 unique, hand-beaded bottles, each adorned with 20 distinct designs and various local colors, ensuring no two bottles are alike.

Dictador 1998 Peyote M 202313 Purpura Y Rojo 25yo 40 Percent 700ml Id 176882

Additionally, Dictador offers a limited collection of single vintage 40-year-old rum, presented in bottles hand-decorated by the Wixáritari, an artistic tribe from the Sierra Madre Occidental in Mexico. These bottles contain the finest and oldest rum vintages, meticulously selected and blended by the master blender to showcase the rich, deep, and luxurious flavors of classical Colombian rum.

Dictador 1979 Wixarika 40yo 54.4 Percent 700ml Id 13498

Furthermore, the Dictador Mopa-Mopa edition is another exclusive offering. It includes fifteen unique designs, each in a limited number of bottles, combining premium spirits with artistic craftsmanship. This edition is a true work of art and a collector's treasure, highlighting Dictador's commitment to integrating exceptional spirits with distinctive artistic expression.

Dictador 1987 Colombia Mopa Mopa Model C 45 Percent 700ml Id 135608

History-Changing Old Rum Bottles

Velier's Black Bottle Series

The 'Demerara' name in rum signifies a blend of unique flavor and investment potential. Demerara Distillers Limited (DDL), known for its historic stills, produces rums with a distinct complexity, highly prized by collectors. The Demerara Collection, initiated in 1999 by Luca Gargano and Yesu Persaud, marked a milestone in showcasing various Demerara rums, all tropically aged. Curated by Gargano since 2002, these rums have gained global acclaim, particularly for their rich heritage and complexity, and are now valuable collector's items which becoming more and more expensive.

Velier Demerara 1997 Uitvlugt ULR 17yo Guyana 59.7% 700mlø 1 981 €Watch bottle
Velier Demerara 1990 Uitvlugt MPM Guyana 17yo 66% 700mlø 3 888 €Watch bottle
Velier Demerara 1996 Uitvlugt Modified GS Guyana 18yo 57.2% 700mlø 1 683 €Watch bottle
Velier Demerara 1988 Uitvlugt SP-ICBU Guyana 17yo 52.9% 700mlø 8 230 €Watch bottle
Velier Demerara 1990 Enmore MEA Guyana 18yo 61% 700mlø 3 545 €Watch bottle
Velier Demerara 1988 Diamond SV Guyana 18yo 59% 700mlø 145 000 €Watch bottle
Velier Demerara 1986 Albion AW Guyana 25yo 60.6% 700mlø 10 970 €Watch bottle
Velier Demerara 1999 Diamond SVW Guyana 15yo 64.7% 700mlø 1 464 €Watch bottle
Velier Demerara 1988 Enmore MEA Guyana 20yo 51.9% 700mlø 5 220 €Watch bottle
Velier Demerara 1999 Diamond <S> Guyana 15yo 53.1% 700mlø 1 443 €Watch bottle
Velier Demerara 1973 Skeldon SWR Guyana 32yo 60.5% 700mlø 19 689 €Watch bottle
Velier Demerara 1982 Blairmont <B> Guyana 29yo 60.4% 700mlø 14 768 €Watch bottle
Velier Demerara 1996 Diamond SSN Guyana 16yo 63.4% 700mlø 2 134 €Watch bottle
Velier Demerara 1998 Versailles VSG Guyana 9yo 46.5% 700mlø 8 120 €Watch bottle
Velier Demerara 1998 La Bonne Intention PM Guyana 9yo 55.6% 700mlø 16 500 €Watch bottle
Velier Demerara 1972 Port Mourant PM Guyana 36yo 47.8% 700mlø 8 611 €Watch bottle
Velier Demerara 1981 Diamond S<W> Guyana 31yo 60.1% 700mlø 3 999 €Watch bottle
Velier Demerara 1997 Port Mourant UPM Guyana 15yo 65.7% 700mlø 2 144 €Watch bottle
Velier Demerara 1974 Port Mourant PM Guyana 34yo 54.5% 700mlø 6 500 €Watch bottle
Velier Demerara 1998 Enmore and Port Mourant EHPM Guyana 16yo 62.2% 700mlø 1 643 €Watch bottle
Velier Demerara 1985 UF30E Guyana 27yo 60.7% 700mlø 6 775 €Watch bottle
Velier Demerara 1989 Albion AN Guyana 19yo 62.7% 700mlø 14 798 €Watch bottle
Velier Demerara 1994 Albion AN Guyana 17yo 60.4% 700mlø 4 199 €Watch bottle
Velier Demerara 1983 Albion AN Guyana 25yo 46.4% 700mlø 7 996 €Watch bottle
Velier Demerara 1995 Diamond and Port Mourant PM Guyana 19yo 62.1% 700mlø 2 131 €Watch bottle
Velier Demerara 1991 Blairmont <B> Guyana 15yo 56% 700mlø 2 198 €Watch bottle
Velier Demerara 1998 Enmore EHP Guyana 9yo 64.9% 700mlø 9 000 €Watch bottle
Velier Demerara 1978 Skeldon SWR Guyana 27yo 60.4% 700mlø 19 242 €Watch bottle
Velier Demerara 1996 Diamond SVW Guyana 15yo 64.6% 700mlø 2 462 €Watch bottle
Velier Demerara 1995 Enmore ELCR Guyana 16yo 61.2% 700mlø 1 698 €Watch bottle
Velier Demerara 1996 Diamond and Versailles SVSG Guyana 18yo 57.9% 700mlø 1 543 €Watch bottle
Velier Demerara 1975 Port Mourant PM Guyana 33yo 56.7% 700mlø 4 620 €Watch bottle
Velier Demerara 1993 Port Mourant PM Guyana 13yo 65% 700mlø 1 393 €Watch bottle
Velier Demerara 1999 Diamond and Port Mourant <W> PM Guyana 15yo 52.3% 700mlø 1 487 €Watch bottle

The full collection is available for example on distillia.com for 500 000 €.

Demerara Collection 02
Source: distilia.com

Really Old Vintages

When it comes to rum, age is much more than just a number. It's a gateway to history, a testament to the art of distillation and aging. In the world of spirits, "Really Old Vintages" stand as majestic time capsules, capturing the essence of eras long passed. These vintage rums are not just alcoholic beverages; they are liquid chronicles, each drop narrating stories from decades ago. The rarity of these rums is unparalleled, and their taste is a journey back in time. From the golden age of the Caribbean to the quiet cellars of Europe, these rums have weathered the test of time, maturing into a legacy that is savored with each sip. In this section, we will explore some of the oldest, most prized vintage rums in the world, each with its own unique story and character.

Samaroli 1948 West Indies Dark 42yo 49% 700ml

The West Indies Dark Rum 1948 Samaroli, distilled in 1948 and bottled in 1991, is a blend of Martinique and Jamaican rums, aged for 43 years. Only 800 bottles were released at 49% ABV. Renowned for its deep amber color and complex aroma, it offers a rich sensory experience with notes of dried fruits, spices, and wood, reminiscent of a historic mansion filled with memories. This rum, a blend of craftsmanship and storytelling, is not only a tasting delight but also a journey through history, embodying the essence of Samaroli's legacy in each bottle.

Samaroli 1948 West Indies Dark 42yo 49 Percent 700ml Id 11769

Saint James 1885 47% 1000ml

The 1885 Plantation des Saint James rum, distilled before pasteurization and stainless steel were common, is a rare survivor, discovered in cellars across Europe after Mount Pelee's eruption in 1902 destroyed the original stock. This highly-prized rum, part of liquid heritage and awarded 93 points by Cyril of DuRhum, was rediscovered by Luca Gargano and Pepi Mongiardino. Only about 50 bottles remain, presented in 1-liter bottles at 47% ABV, with intact labels and an Italian fiscal stamp, making it a coveted collector's item.

Saint James 1885 47 Percent 1000ml Id 7017

John Wray & Nephew 20yo Jamaica Rum bottled 1950s 43% 750ml

The Wray & Nephew 20-year-old rum, a successor to the famous 17-year-old used in the original 1944 Mai Tai recipe, likely includes blends from various distilleries, not just Appleton Estate rum. Bottled in the 1950s and aged for 20 tropical years, it was imported to Italy by Soffiantino & Co. and is closely related to the iconic 17-year-old version.

Wray Nephew 20yo Jamaica Rum Bottled 1950s 43 Percent 750ml Id 6515

Clement 1966 Tournaire 40% 700ml

The Rhum Clement Tournaire de 1966 is an ultra-exclusive rum, limited to only 8 pieces worldwide. Distilled in 1966 and bottled in 1991, it celebrates the rich heritage of Martinique's oldest distillery. This 25-year-old rum, known for its complex flavors of chocolate, date, mocha, vanilla, orange peel, and fig, is presented in a Baccarat crystal decanter. The decanter features a rose-gold plated stopper, replicating Clément's iconic creole estate house, and comes in a leather-bound presentation case, making it a highly sought-after collector's item.

Clement 1966 Tournaire 40 Percent 700ml Id 15495

Harewood 1780 Barbados Private Estate - the oldest rum in the world

The Harewood Barbados 1780 rum stands out as a remarkable example among very old rums, known as the oldest rum in the world. The rum was discovered in 2011 within the cellars of Harewood House in Leeds, UK, a total of 59 bottles were discovered, consisting of two varieties: 28 bottles of dark rum and 31 of light rum.

This historical rum was initially distilled in Barbados before being transported to the UK, where it was later bottled by Oldfield's of York, commissioned by Edward Lascelles - the first Earl of Harewood. Its provenance and age make it not only an ancient spirit but also a rarity in the rum world.

Today, collectors highly seek the Harewood Barbados 1780 rum for its unique status. It is available for purchase through Old Liquors Inc, and samples of this extraordinary rum are occasionally offered in auctions, representing a prized acquisition for serious rum aficionados and collectors worldwide.

It was sold at auction at Christie's in 2013 - see their press release,

Harewood 1780 Light Rum 69 Percent 750ml Id 176962

Extinct Distilleries

Closed distilleries hold a special place in the world of rum. Bottles from these shuttered facilities are considered treasures by collectors and enthusiasts alike. The reason for this high regard is simple: with the distilleries no longer in operation, no new casks will ever be produced, making the existing stocks increasingly rare. As the years pass, the old barrels continue to dwindle, adding to the scarcity and exclusivity of these rums.

This rarity directly translates to a high collectible value. Each bottle from closed distilleries is not just a container of aged spirit but a piece of history, a snapshot of a bygone era of rum-making. With each passing year, these bottles become more than just spirits; they become artifacts of a lost craft, sought after by collectors and aficionados worldwide who are eager to own a piece of this irreplaceable legacy. The finite nature of these rums, coupled with their unique flavors and storied pasts, ensures that they are highly prized and often command premium prices in the market.

A prime example is the already mentioned Velier's Black Bottles from Guyana. Almost all the distilleries in Guyana are now closed.

  • La Bonne Intention (closed 1959)
  • Skeldon (closed 1960)
  • Blairmont (closed 1962)
  • Albion (closed 1968)
  • Versailles (closed 1978)
  • Enmore (closed 1994)
  • Uitvlugt (closed 1999)

The only working one is Diamond, to which some stills have been transferred from those already closed.

The real rarity, however, was in Trinidad. the legendary Caroni distillery, which has currently caused a real hype among collectors.

Caroni's Lost Legacy

Caroni Distillery in Trinidad and Tobago, operational from 1918 to 2002, was renowned for its high-ester rums with a bold flavor profile, contributing significantly to blends of popular rums like Captain Morgan and Bacardi. Situated in the Caroni Plains near Port of Spain, the distillery was a major Caribbean producer, employing over 9,000 people at its peak. The closure of Caroni in 2002, a consequence of the declining sugar industry, has led to a surge in interest for its rums. Today, Caroni rums are highly prized in the rum community, fetching high prices on the secondary market, with their unique high-ester flavors making them among the most coveted rums worldwide.

Velier Caroni 1982 Full Proof Heavy Trinidad 23yo 77.3 Percent 700ml Id 12933

However, some Caroni bottles can still be found at a high but reasonable price and can be a good investment for the future or an unforgettable experience for now.

Silver Seal 1997 Rum Is Nature Trinidad Caroni 20yo 64.8 Percent 700ml Id 126
Rum Shark Caroni 1991 5a Trinidad Single Cask Selection 30yo 61.6 Percent 700ml Id 92387

There are not many Caroni casks left in the world and when a respected bottler (for example independent bottler Velier) decides to release a new bottle of rum, the price tag is of course very high and became one of the most expensive current rums.

Velier Caroni 1996 Guyana Blended Paradise 1 26yo 62.7 Percent 700ml Id 134775

Special Occasion Rums

Anniversary Celebrations

Rums released to commemorate significant anniversaries or milestones often carry a premium. Their rarity and the significance of the event they mark add to their allure. For example, a rum released for a distillery's centennial celebration may be sought after for its commemorative value as much as for its taste.

Neisson Armada 4.4.8 Jeroboam 44.8% 3000ml

In 2020, the Neisson distillery released a luxurious 300cl Crystal Jeroboam of Neisson 2004 Armada Rum to celebrate its 88th anniversary. This aged AOC Martinique agricultural rum, noted for its rich, intense, and varied aromatic palette, features notes of dried fruits, sweet spices, light tobacco, and precious wood. Limited to only 10 pieces worldwide, each bottle comes in a trunk specially crafted by an artisan of impeccable expertise, complete with two Neisson tasting glasses, gloves, and a serving pipette.

Neisson Armada 4.4.8 Jeroboam 44.8 Percent 3000ml Id 172586

Angostura Legacy 40% 500ml

Legacy, renowned as "the world's most expensive rum," was released in 2012 to mark the 50th anniversary of Trinidad & Tobago's independence. This exclusive blend features 7 rums, the youngest aged 17 years, presented in a hand-blown Asprey crystal decanter. Only 20 such decanters were made, each in a red calf leather, silk-lined case, with an ornate sterling silver stopper. This rum epitomizes Angostura's expertise in crafting unique spirits to commemorate significant events.

Angostura Legacy 40 Percent 500ml Id 15447

Havana Club 1519 Fundacion de La Habana 500th Anniversary 40% 700ml

Havana Club 1519 Rum, celebrating Havana's 500th anniversary, was meticulously crafted over 20 years by Havana Club's Maestros del Ron Cubano. This special edition is presented in a mouth-blown, individually numbered decanter, with a box featuring ornate gold details inspired by historic Havana Vieja. Each bottle comes with a certificate of authenticity signed by the four Masters and written by Dr. Eusebio Leal Spengler, Historian of Havana City.

Havana Club 1519 Fundacion De La Habana 500th Anniversary 40 Percent 700ml Id 186

Isautier Cuvee Prestige 33yo 40% 500ml

The Isautier Distillery, in celebration of its 170th anniversary in 2015, released a limited edition 33-year-old rum, the oldest from La Réunion. This exquisite rum, aged in a 400-liter oak barrel, is available in just 82 bottles of 50cl each, priced at 8000€. The decanter, designed to match the excellence of the rum, was crafted in collaboration with Mikaël Hingant of Glass Art Studio and the students of Ambroise Vollard High School in Saint-Pierre. The accompanying case, made by Vencatachallum, features dibetou wood, also known as African Walnut, with gold inscriptions, underscoring Isautier’s commitment to local production and craftsmanship.

Isautier Cuvee Prestige 33yo 40 Percent 500ml Id 177384

Appleton Estate 1962 Jamaican Independence Reserve 50yo 45% 750ml

In 2012, Appleton released a special rum distilled in 1962 to celebrate Jamaica's 50th anniversary of independence and Bob Marley's first song "Judge Not." This exclusive rum, aged for 50 years in the tropics, is one of the world's oldest, with only 800 bottles produced from 13 casks. The release, encapsulated in elegant Glencairn decanters from England, commemorates a significant moment in Jamaica's history, blending the nation's rich cultural heritage with its renowned rum-making tradition.

Appleton Estate 1962 Jamaican Independence Reserve 50yo 45 Percent 750ml Id 1484

Bacardi de Maestros de Ron Vintage MMXII 150th Anniversary 43% 500ml

Bacardi de Maestros de Ron Vintage MMXII is a limited edition rum, crafted from several rums aged in oak casks for 20 years, created by eight former Master Blenders, all descendants of Bacardi's founder, Don Facundo Bacardí Massó. This rum is presented in a hand-blown glass decanter engraved with the coordinates of the first Bacardi distillery, with only 1000 out of the 1500 produced made available to the public, the rest reserved for Bacardi family members.

Bacardi De Maestros De Ron Vintage Mmxii 150th Anniversary 43 Percent 500ml Id 3519

Charitable Auction Exclusives

Some rums gain their value and fame from being auctioned for charity. These bottles, often one-of-a-kind, are prized for their philanthropic connection, and the high prices they fetch are as much a testament to their collectors' generosity as to the quality of the rum.

Some examples:

Physicist Series 2015 Dark Matter Distillers 001 Einstein - sold only on auction, more than 15 000 €

Foursquare 'The Sly' 15 Year Old Single Blended Rum - sold for almost 12 000€.

FAQ

What is the most expensive brand of rum?

The most expensive rums are special releases from Dictador in the amazing decanters. If you are only interested in the liquid itself and the current offers, the most expensive are the limited single cask bottles from Velier.

Is more expensive rum better?

When it comes to rum, price doesn't necessarily dictate quality. While more expensive rums may be made with higher quality ingredients and aged for longer periods, there are also plenty of affordable rums that are just as delicious. The best way to determine if a rum is worth its price is by trying it for yourself and seeing if it meets your taste preferences. Some people may find that they prefer a cheaper rum over a more expensive one, so ultimately it comes down to personal preference rather than just price. 

What is the oldest rum in Barbados?

The oldest distillery in Barbados is Mount Gay, but the oldest rums are from West Indies Rum Distillery (WIRD) - you can get them from Silver Seal, Rum Artesanal, Nobilis and Plantation for example.

The oldest and most expensive rum?

The most expensive i Dictador M-City Golden Edition for 1.5M €. The oldest known rum are bottles from Harewood - made in 1780.  The oldest vintage available is Moon Import 1940 Carribean Pot Still 59yo 40% 700ml and you can also find little younger 58 years old rums from Long Pond Distillery, Jamaica.

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Volkmar Weber, CEO / Owner www.whiskytempel.de
In a dynamic market environment, it is very difficult even for someone who deals with the subject on a daily basis to always have an overview of all developments. Especially when trading rare whiskies and rums, Spiritradar helps me to get a quick overview of prices, availabilities and investment dynamics. Often I get offered larger lots and in a fraction of the time used so far I can make a realistic analysis about the value. Spiritradar has a useful shortcut on my home page in the web browser, as I use the service practically every day.

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