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Port Ellen 2nd Annual Release 1978 24 Year Old

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Port Ellen 2nd Annual Release 1978 24 Year Old is a collectable Scotch whisky from Port Ellen aged 24 years. Based on 256 recorded auction lots across 90 months of trading data, the current median hammer price is £980, with the most recent sale at £1,050. Over the trading window, prices have ranged from £520 (low) to £1,700 (high). Accounting for lot-to-lot variation, a realistic valuation range for Port Ellen 2nd Annual Release 1978 24 Year Old is £966–£1,134 8% around the latest sale).

Year-on-year, Port Ellen 2nd Annual Release 1978 24 Year Old is up 5%, with a 6-month trend of +23.5% (up). wsky1 aggregates hammer prices from major public Scotch whisky auctions including Scotch Whisky Auctions, Whisky Auctioneer, and Bonhams. All prices are in GBP and exclude buyer's premium (typically 24–28% additional at major houses). Past auction performance is not a guarantee of future value.

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About Port Ellen

Port Ellen is a whisky distillery. Port Ellen 2nd Annual Release 1978 24 Year Old is an age-stated bottling at 24 years old, distilled in 1978.

What drives this bottle's value

  • Closed / ghost distillery

    Port Ellen closed in 1983; bottlings from its original era are finite and command a scarcity premium at auction.

  • Single vintage

    Distilled in a single year (1978), so the available batch is inherently finite.

  • Age statement

    A 24-year age statement signals extended maturation, which limits how much was ever bottled.

  • Named / limited release

    Released as 2ndannual, a named edition rather than part of the standard core range.

These are scarcity and demand signals drawn from the bottle's own attributes — they describe the bottle, not a prediction of future price. Not investment advice.

Release & bottling facts

Distillery
Port Ellen
Age
24 years
Vintage
1978
Edition
2ndannual
Bottle size
700ml

Latest sale

£1,050

24-month median

£980

24-month high

£1,700

24-month low

£520

Estimated value · likely range

£966–£1,134 ±8%

Auction hammers swing lot to lot with condition, fill level and timing. Treat this band — not a single figure — as the bottle's value.

23.5%vs 6 months ago
5%vs 12 months ago

Price history (monthly median)

Recent auction results

MonthMedianLots
March 2026£1,0502
December 2025£7504
November 2025£9002
July 2025£8502
June 2025£9002
April 2025£1,0002
March 2025£8502
January 2025£1,0002
December 2024£8502
November 2024£9502
October 2024£1,0504
July 2024£1,0002

Comparable bottles

Frequently asked questions

What is the current auction price of Port Ellen 2nd Annual Release 1978 24 Year Old?

The latest hammer price for Port Ellen 2nd Annual Release 1978 24 Year Old at auction is £1,050. Across the most recent 24 months of auction data, the median hammer price is £980, with a high of £1,700 and a low of £520. All prices are in GBP and exclude buyer's premium. Data is aggregated from major auction houses including Scotch Whisky Auctions, Whisky Auctioneer, and Bonhams.

How much has Port Ellen 2nd Annual Release 1978 24 Year Old changed in value over the past year?

Port Ellen 2nd Annual Release 1978 24 Year Old is up 5% year-on-year based on monthly median hammer prices. Over the past 6 months it has moved up 23.5%. Past auction performance is not a guarantee of future value.

Where can I sell Port Ellen 2nd Annual Release 1978 24 Year Old?

Port Ellen 2nd Annual Release 1978 24 Year Old regularly appears at major Scotch whisky auction houses including Scotch Whisky Auctions (Scotland), Whisky Auctioneer (Scotland), Just Whisky, Whisky Hammer, and Bonhams. The current median hammer price is £980 (excluding buyer's premium). At most major houses, buyer's premium adds 24–28% on top of hammer for the buyer; sellers typically receive the hammer price minus a sales commission of 5–15%.

Is Port Ellen 2nd Annual Release 1978 24 Year Old a good investment?

Over the past 12 months Port Ellen 2nd Annual Release 1978 24 Year Old has moved up 5%, with a current median hammer price of £980. The bottle has been observed at auction across 256 recorded lots in our database. wsky1 provides hammer-price data for informational purposes only — not investment advice. Whisky is an illiquid alternative asset; secondary-market value depends heavily on bottle condition, fill level, label integrity, and timing.

How does wsky1 calculate the price of Port Ellen 2nd Annual Release 1978 24 Year Old?

wsky1 ingests public auction results from major auction houses (via direct scraping of Scotch Whisky Auctions, Whisky Auctioneer, Bonhams, and Whisky Hammer, plus aggregated data from WhiskyHunter). For each bottle, we group hammer prices by year-month and compute the median price per month. The figures shown — latest £1,050, 24-month median £980 — are derived from this monthly-median methodology. All prices are hammer prices in GBP, excluding buyer's premium.

Does the price include buyer's premium?

No. All prices on wsky1 are hammer prices only. Buyer's premium at major Scotch whisky auction houses currently runs at 24–28% on top of the hammer price. A bottle of Port Ellen 2nd Annual Release 1978 24 Year Old that hammers at £1,050 would cost the buyer approximately £1,323 all-in including buyer's premium.

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