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Who says sales of scotch are on the rocks?

A rare bottle of Macallan whisky has set a world record for the most expensive single malt whisky sold at an auction.

The six-liter bottle of the highly sought-after Macallan 'M' in a crystal decanter fetched $628,205 at Sotheby's auction in Hong Kong at the weekend, above the expected range of $258,000 to $516,000.

The previous record was achieved at a Sotheby's auction in New York in 2010, when a bottle of 64-year-old Macallan whisky was sold for $460,000.

Proceeds of the sale of the "M" Decanter were to go to various Hong Kong charities, according to Sotheby's.

Only four Imperiale “M” Decanters were ever made by the Scottish distillery.

As the Asian market matures, high-end whisky is increasingly being viewed as a viable alternative investment to fine wine.