Name: Old Crow 4 Year Old 1940 (4/5 Quart)
Brand: Other
SKU: 0680093
Price: 204 GBP
Availability: SoldOut

Old Crow 4 Year Old 1940 (4/5 Quart) sold for £204 in Just Whisky's July 2019 auction. Old Crow Kentucky Straight Bourbon, bottled in bond by W. A.…

October 2026

sept 26 test

September 2026

Test September 2026

Test August 2026

August 2026

July 2026

June 2026

May 2026

Charity Auction

April 2026

March 2026

February 2026

January 2026

December 2025

November 2025

October 2025

September 2025

August 2025

July 2025

June 2025

May 2025

April 2025

March 2025

February 2025

January 2025

December 2024

November 2024

October 2024

September 2024

August 2024

July 2024

June 2024

May 2024

April 2024

March 2024

February 2024

January 2024

December 2023

November 2023

October 2023

September 2023

August 2023

July 2023

June 2023

May 2023

April 2023

March 2023

February 2023

January 2023

December 2022

November 2022

October 2022

September 2022

August 2022

July 2022

June 2022

May 2022

April 2022

March 2022

February 2022

January 2022

December 2021

November 2021

October 2021

September 2021

August 2021

July 2021

June 2021

May 2021

April 2021

March 2021

February 2021

January 2021

December 2020

November 2020

October 2020

September 2020

August 2020

July 2020

June 2020

May 2020

April 2020

March 2020

February 2020

January 2020

December 2019

November 2019

October 2019

September 2019

August 2019

July 2019

June 2019

May 2019

April 2019

March 2019

February 2019

January 2019

December 2018

November 2018

October 2018

November 2026

December 2026

The history of Scotch whisky has to a significant degree been shaped by excise legislation, ever since the first tax was imposed on it by the Scots Parliament in 1644. The parliament passed an Excise Act fixing the duty at 2/8d (13p) per pint of ‘aquavitae or other strong liquor’ – the Scots pint being approximately one third of a gallon.

Over the next two centuries, many changes were made to the legislation surrounding the taxation of whisky, but one factor that never changed was the determination of some distillers to operate illicitly, cutting out any proceeds for the treasury altogether.

In the early 1820s as many as 14,000 illicit stills were being seized each year, and it was estimated that more than half the whisky consumed in Scotland had been distilled without benefit of licence. In 1822 there were no fewer than 6,278 prosecutions for illicit distilling. 

The following year saw the passing of perhaps the most significant piece of legislation ever enacted in relation to Scotch whisky. The Act was an attempt – largely successful, as it turned out – to stifle the extensive trade in illicitly-distilled whisky.

The Excise Act encouraged legal distillation by cutting duty to 2s 5d per gallon, a historic reduction of more than 50 per cent, and a minimum still size of 40 gallons was sanctioned. A licence fee of £10 per annum was introduced, the concept of duty-free warehousing was developed, and distillers were free to export to England and overseas. 

One of the key figures behind the Excise Act of 1823 was the 4th Duke of Gordon, who had extensive estates throughout north-east Scotland, an area that was the very heartland of illicit distillation. Gordon proposed that if new legislation was put in place to make legal distilling more attractive, he and his fellow landowners would do all in their power to uphold the law as diligently as they could and evict anyone convicted of illicit distilling.

The advantages were perceived as being more revenue for the government, despite the lower level of duty, and opportunities for the lairds to make money out of the rash of whisky-making operations that would surely be built as a result of the proposed legislation. Remarkably, no fewer than 79 new distilleries were commissioned between 10th October 1823 and 9th August 1824, with the number of licensed distilleries rising from 111 in 1823 to 263 by 1825.

Perhaps the most significant name from a north-east of Scotland ‘Speyside’ perspective to join the list of legal distilleries was that of Glenlivet, where Captain George Smith began to distil legally at his Upper Drumin farm in 1824. However, Smith’s father, Andrew, had been distilling on the site since 1774, without ever feeling the need to acquire a licence! 
Glenlivet was notable as being the first distillery in the Highlands to be licensed in the wake of the 1823 Excise Act, with support from the Duke of Gordon. Not that the newly licensed Glenlivet flourished without interference, however. Many of Smith’s compatriots considered him a traitor for ‘going legit,’ and as he wrote some years later, they threatened to “…burn the distillery to the ground, and me at the heart of it. The laird of Aberlour presented me with a pair of hair-trigger pistols worth ten guineas, and they were never out of my belt for ten years.”

According to legend, Smith only ever had recourse to his pistols on one occasion. This occurred in a tavern where he stopped for refreshment after delivering some whisky to a customer, and involved a number of would-be thieves, keen to relieve wealthy travellers of their money. When they approached Smith, he drew one of his pistols and fired it into the fireplace. He was allowed to finish his drink in peace.
As a legitimate distillery, Glenlivet supplied high quality single malt to Scotland’s thirsty, expanding population centres to the south, and in terms of reputation, all other Speyside distilleries soon came to exist in its shadow.

One effect of the 1823 Excise Act was a move away from very small, localised licensed distilleries in southern and central Scotland, with larger whisky-making concerns reflecting the general trend towards bigger, more professional and integrated commercial activities across the UK. 
Indeed, Scotland had already witnessed a tendency towards the development of an industry focused on a relatively small number of extensive distilleries, with the likes of Kilbagie, Kennetpans, Glenochil, Cambus and Carsebridge among the most significant. This consolidation continued apace in the wake of the 1823 Act, though the Highlands were still characterised by a larger number of individually smaller distilling operations.

To give a clear idea of just how significant the 1823 Excise Act really was, many of the distilleries and single malts we now value most highly were licensed within a decade or so of its enactment. Not all of these were ‘new builds,’ of course, with some, usually farm-based, having previously operated under the radar without licenses.

The list of distilleries in question includes Balmenach, Ben Nevis, Benrinnes, cardhu, Edradour, Fettercairn, Glen Scotia, Glencadam, GlenDronach, Glenfarclas, Glengoyne, Glenkinchie, Miltonduff, Royal Lochnagar and Talisker   as well as many others no longer in existence.
While a very strong case can be made for declaring the 1823 Excise Act to be the single most important piece of excise legislation relating to Scotch whisky, a case can also be made for the 1860 Spirit Act which legalised the blending of malt and grain whiskies under bond for the first time. But that is another story for another day.

The Deil's awa wi' the Exciseman - Robert Burns

"The deil cam fiddlin' thro' the town, 
And danc'd awa wi' th' Exciseman; 
And ilka wife cries,  Auld Mahoun, 
I wish you luck o' the prize, man.

The deil's awa the deil's awa, 
The deil's awa wi' the Exciseman, 
He's danc'd awa he's danc'd awa 
He's danc'd awa wi' the Exciseman.

We'll mak our maut, and we'll brew our drink, 
We'll laugh, sing, and rejoice, man; 
And mony braw thanks to the meikle black deil, 
That danc'd awa wi' th' Exciseman.

There's threesome reels, there's foursome reels, 
There's hornpipes and strathspeys, man, 
But the ae best dance ere came to the Land 
Was, the deil's awa wi' the Exciseman.

The deil's awa the deil's awa , 
The deil's awa wi' the Exciseman, 
He's danc'd awa he's danc'd awa  
He's danc'd awa wi' the Exciseman."

…burn the distillery to the ground, and me at the heart of it.

In this intriguing piece, Gavin D. Smith delves into the relationship between taxes and the Scotch Whisky industry.

1823 EXCISE ACT

Historical

We've compiled a list of codes to make it easy to find out what whisky is inside each bottle from the Scotch Malt Whisky Society. The first digits relate to the distillery, and the numbers after the dot (.) relate to the number of the release, from that distillery. Sometimes you'll see a letter preceding both -that relates to the type of liquid in the bottle, for example a "G" means it's a Grain whisky.

SMWS Bottle Codes

Useful Info

We're excited to partner with Rothes Sports Development Group this month to raise money for a great cause. The charity was formed in 2025 to enchance local health, welfare and sporting opportunities in and around Rothes, Moray.

Rothes Sports Development Charity Auction

In our inaugural Blog entry, Guest writer Ian Buxton explores the seemingly unglamorous distillery mill. The unsung hero of whisky distilleries.

The Distillery Mill

Old Crow Kentucky Straight Bourbon, bottled in bond by W. A. Gaines, part of National Distillers. Distilled by OId Crow distillery, Frankfort, KY.
Distilled Spring 1940, bottled Fall 1944.

Old Crow 4 Year Old 1940 (4/5 Quart)

Official

Other

Multiple

Full Size

old_crow_4_year_old_1940_45_quart.jpg

75.7cl

old_crow_4_year_old_1940_45_quart36079b.webp

old_crow_4_year_old_1940_45_quartccedc0.webp

old_crow_4_year_old_1940_45_quart5e8dde.webp

old_crow_4_year_old_1940_45_quart8b85bb.webp

macallan_concept_number_1_2018.jpg

70 cl

2018

Macallan Concept Number 1.

macallan_concept_number_1_2018f7ab49.webp

macallan_concept_number_1_201875fed9.webp

lagavulin_islay_jazz_festival_2015.jpg

55.4% vol

Lagavulin Islay Jazz Festival 2015

lagavulin_islay_jazz_festival_2015339682.webp

lagavulin_islay_jazz_festival_2015d08757.webp

fettercairn_35_years_old_1978_ukrainian_whisky_connoisseurs_clubs_choice.jpg

53.5%

Ukrainian Whisky Connoisseurs Club's Choice

Fettercairn 35 Years Old 1978

fettercairn_35_years_old_1978_ukrainian_whisky_connoisseurs_clubs_choice27bcfd.webp

fettercairn_35_years_old_1978_ukrainian_whisky_connoisseurs_clubs_choice5bf7bd.webp

fettercairn_35_years_old_1978_ukrainian_whisky_connoisseurs_clubs_choice13396b.webp

springbank_18_years_old_2020_release_20179.jpg

2020 Release (20/179)

Springbank 18 Years Old

springbank_18_years_old_2020_release_20179_2780111_855705.webp

springbank_18_years_old_2020_release_20179_2780112_910329.webp

bunnahabhain_23_years_old_1998_calvados_finish_feis_ile_2022_314922.jpg

49.7%

Calvados Finish Feis Ile 2022

Bunnahabhain 23 Years Old 1998

bunnahabhain_23_years_old_1998_calvados_finish_feis_ile_2022_2777560_485302.webp

bunnahabhain_23_years_old_1998_calvados_finish_feis_ile_2022_2777561_932532.webp

macallan_rare_cask_batch_no2_2018_release.jpg

Batch No.2 2018 Release

Macallan Rare Cask

macallan_rare_cask_batch_no2_2018_release_2778406_391677.webp

macallan_rare_cask_batch_no2_2018_release_2778407_496091.webp

sullivans_cove_rare_tasmanian_french_oak_hh0434_085925.webp

47.7%

2019 French Oak Single Barrel No.TD0196

Sullivans Cove 12 Years Old 2007

sullivans_cove_12_years_old_2007_2019_french_oak_single_barrel_notd0196_2778171_094390.webp

sullivans_cove_12_years_old_2007_2019_french_oak_single_barrel_notd0196_2778172_194684.webp

arran_21_years_old_lochranza_castle_the_explorers_series_volume_2.jpg

47.2%

The Explorers Series Volume 2

Arran 21 Years Old Lochranza Castle

arran_21_years_old_lochranza_castle_the_explorers_series_volume_2_2779818_351718.webp

arran_21_years_old_lochranza_castle_the_explorers_series_volume_2_2779819_731471.webp

Creases to box.

highland_park_12_years_old_1980s_241740.webp

75 cl

(1980's)

Highland Park 12 Years Old

highland_park_12_years_old_1980s_2776851_139576.webp

highland_park_12_years_old_1980s_2776852_473070.webp

springbank_18_years_old_2023_release_2396_300813.webp

2023 Release (23/96)

springbank_18_years_old_2023_release_2396_2780986_432849.webp

springbank_18_years_old_2023_release_2396_2780987_002587.webp

wolfburn_8_years_old_2016_2025_smws_1651_smoked_thai_holy_basil_2780786_910347.webp

2025 SMWS 165.1 | Smoked Thai Holy Basil

Wolfburn 8 Years Old 2016

Old Crow 4 Year Old 1940 (4/5 Quart)

Specifications

Similar Other results

Grommes & Ullrich Black Label 1942 (75cl)

Ancient Age 5 Year Old (75cl)

Grommes & Ullrich Black Label 1942 (75cl)

Bidders also considered

Macallan Concept Number 1.

Lagavulin Islay Jazz Festival 2015

Fettercairn 35 Years Old 1978