Thread by @luxenairobi

Investing in passion: Whisky the new luxury investment of choice according to the @KnightFrankKE #KFLII #WealthReport 2019.

Last year, a bottle of 1926 @The_Macallan featuring a hand painted design by Irish artist Michael Dillon fetched (USD$1.5m) at an auction in Nov 2018.

Over a 10yr period, rare whiskies outperformed all other investments of passion.

Tod Bradbury, Head of Rare & Collectable Whiskies at Diageo noted 'there has been an increased interest in their coveted classic whiskies such as; @TaliskerWhisky,@LagavulinWhisky, @Mortlachwhisky.'

Only yesterday @circleartagency hosted the sixth edition "Modern & Contemporary Art Auction" which say a new high with Edward Saidi Tingainga piece fetching Ksh: 5.6m

The auction saw a record sale of USD 300 000, 90% of the 59 lots sold on the night.

#KFLII | #WealthReport

Of Kenya's super-rich who own investments of passion, nearly a fifth (19%) are active collectors while an additional (40%) are looking to start active collection.

The majority collect cars (50%), jewellery (45%), art (35%), watches (25%) furniture&wine (20%), whisky (15%) #KFLII

The @CBA_Group_ Concours D'elegance annually event organized by @AlfaRomeoOwners Club is a perfect showcase of vintage & classic cars/motorcycles in Nairobi.

Past winning cars; the 1934 @rollsroycecars Boatail & Railton cars.

#KFLII | #TheWealthReport2019 | #TheWealthReport

@KFAndrewShirley, editor of the #WealthReport said,"The record set in 2018 show that wealthy collectors are still prepared to pay top price for the rarest & most desirable objects of desire 👉Coins. Art. Whisky. Cars. Wine. Watches. Furniture. Jewellery. Stamps. Colored Diamonds.

Top Sales 2018 ; Investments of Passion

1. Art.

Portrait of an Artist (Pool with Two Figures) by David Hockney. Sold by Christie's for US $ 90 million. (Ksh 9.002 billion)

Most expensive work by a living artist.
#TheWealthReport | #TheWealthReport2019 | #KFLII

2. Jewellery.

The Marie Antoinette pearl pendant. Sold by Sotheby's for US$ 36million. (Kshs 3.6billion).

Most expensive piece of pearl jewellery sold at auction.
#TheWealthReport2019 | #TheWealthReport | #KFLII

3. Watch.

1970 @ROLEX Daytona "Unicorn". Sold by Phillips with Bacs & Russo for US$ 5.9 million (Kshs 590 million).

Most expensive watch sold at an auction in 2018.
#TheWealthReport | #TheWealthReport2019 | #KFLII

4. Classic Car.

1962 Ferrari 250 GTO. Sold by RM Sotheby's for US$ 48.4million (ksh4.84 billion).

Most expensive car sold at auction.
#TheWealthReport | #TheWealthReport2019 | #KFLII

5. Wine.

Bottle of 1945 Romanée-Conti. Sold by Sotheby's for US$ 558000 ( kshs 55.8million).

Most expensive bottle of wine sold at auction.
#TheWealthReport | #TheWealthReport2019 | #KFLII

6. Stamps.

1918 Jenny Invert 24 cent. Sold by Robert A. Siegel Auction Galleries for US$1.6million (kshs 160million).

Most expensive US stamp sold at auction.
#TheWealthReport | #TheWealthReport2019 | #KFLII

7. Coins

1621 Polish Gold ducat. Sold by the Classic Numismatic Group for US $ 2.2 million (kshs 220 million).

Most expensive Polish coin.
#TheWealthReport
| #TheWealthReport2019
| #KFLII | @kenyanwalstreet | @alykhansatchu

8. Coloured Diamonds.

The Winston Pink Legacy, 19-carat fancy vivid pink diamond. Sold by Christie's for US$50 million. (kshs 5.004billion).

Most expensive diamond per carat.
#TheWealthReport | #TheWealthReport2019 | #KFLII

9. Furniture.

1766 Chippendale commode with ivory inlays sold previously in 1991 for (ksh123.2 million), a record price for a piece of English furniture.

Offered for auction by Christie's with the inlays removed due to new legislation & an upper estimate of ksh 658m. #KFLII