The Distillers’ Charity hosted its second biennial Distillers One of One Auction, in partnership with Sotheby’s, in the stately Hopetoun House near Edinburgh on Thursday 5 October. Comprising a selection of ultra-rare Scotch whiskies, the 39-lot sale which attracted lively bidding, both in the room and online by collectors from across the globe, brought an outstanding aggregate total of £2,248,750 (total hammer price of £1,800,000) more than double the pre-sale low estimate. The Auction, which was attended by 180 people in the presence of the Master and Lord & Lady Hopetoun, culminated in all 39 lots being sold, and 18 records broken.
Of the Auction hammer price proceeds of £1.8 million, 90% will benefit The Distillers’ Charity’s Youth Action Fund, which aims to transform the lives of young people in Scotland aged between 16 and 25, by helping them to develop knowledge, confidence, resilience, and skills. The Youth Action Fund has assembled a panel of complementary charity partners, each providing expertise and experience in achieving sustainable employability outcomes for young people from disadvantaged backgrounds. The 10% balance of funds raised will help to support the Distillers’ Charity’s general charitable work, including Distillers’ Vocational Training & Education and City & Livery giving.
We are delighted that thanks to the generosity of Scotch Whisky industry donors, and buyers, the Youth Action Fund will have long-term funding to carry out its vital work. Building on an already strong foundation, the proceeds from this Auction will go towards supporting even more young people throughout Scotland over the next two years.
One in four young people are living in poverty, with many of those in the most disadvantaged areas still suffering from the effects of Covid-19 lockdown on their development, leading to them stepping away from education. Youth Action Fund support, through our partner charities, has played an essential role in developing their resilience, confidence and motivation and to get into further education or employment.Celia Tennant, Chief Executive of Inspiring Scotland, who manage the Youth Action Fund (YAF) on behalf of The Distillers’ Charity
The 2023 auction result means that the first two Distillers One of One Auctions have raised a combined total of £4.2m for charity.
We would like to take the opportunity to thank Livery members for their support, encouragement and help in making the One of One Auction fundraising initiative possible and showing the philanthropic values of the Worshipful Company of Distillers in action. A special mention of thanks goes to the Working Group, who supported throughout the entire planning process and at the events themselves.