The Most Handcrafted Single Malt Scotch Whisky Releases One Set of Five Coveted Bottles from Malt Master David Stewart MBE Exclusively at Four Seasons Hotel New York.

Following two esteemed chapters of The Balvenie DCS Compendium, Malt Master David C. Stewart MBE returns with the highly-anticipated launch of Chapter Three. DCS Chapter Three (SRP $60,000), called ‘Secrets of the Stock Model,’ showcases the science, art and experience needed to master whisky, and contains five bottles to commemorate the newest series. A cornerstone of the launch, Chapter Three includes the oldest whisky ever released in The Balvenie’s 130-year history, a 55-year-old single cask whisky that was put into cask in 1961.

While previous chapters have been quickly secured by collectors in the U.S., one set of DCS Chapter Three will be featured exclusively at Ty Bar at Four Seasons Hotel New York and available for connoisseurs to sample by the flight for $5,000 or individual pours of each vintage with price varying per bottle. In another first for the DCS Compendium, limited bottles of the 1973 Vintage, one of the five rare expressions featured in the Chapter Three collection, will also be available for purchase at Best Buy Liquor in Brooklyn, NY and Wine Society in Greenvale, NY (SRP $15,000). This will mark the first time an expression from the exclusive series will be available for sale at the local retail level.

‘Secrets of the Stock Model’ is so aptly named because the bottles represent the evolution of The Balvenie and the skillful forecasting from Stewart to anticipate future needs, tastes, patterns and consumer desires of whisky. The five bottles include various bottles from “lean” years when the distillery produced less as well as “plentiful” years of the whisky boom of the 1970s.

“As Malt Master, it is my privilege and duty to manage our whisky stocks, which we look to control despite all the elements the barrels are up against to reach maturation. Through my 55-year tenure working with The Balvenie, I have come to understand the decisions we make when we originally cask, and how they will affect the company and stock models in years to come. I couldn’t be more pleased with the expressions we chose for this chapter, specifically the 1961 Single Cask, which truly encompasses my career to date serving The Balvenie.”
– David C. Stewart MBE

Stewart, the fifth and longest-serving Malt Master at the Speyside distillery, has created The Balvenie DCS Compendium to memorialize his contributions to the craft of whisky. The treasured collection in its entirety will showcase 25 rare and vintage casks released over five years and five chapters.

“To have this variety of rare vintages available in Chapter Three of the DCS Compendium truly speaks to the distillery’s foresight, strategy, and ultimately, the incredible leadership under our Malt Master David C. Stewart MBE. We’re also thrilled to finally offer the collection to eager imbibers at Ty Bar at Four Seasons Hotel New York, which will mark the first time in the world that non-collectors have the privilege to sample these rare whiskies.”
– Greg Levine, Brand Director for The Balvenie

The Balvenie DCS Compendium Chapter Three Whiskies, featured image

The Balvenie DCS Compendium Chapter Three Whiskies

“Four Seasons Hotel New York is the most exclusive hotel in Manhattan and one of the world’s finest business hotels. Our guests challenge us, each day, to deliver the unique and the exceptional. Since our guests pay up to $50,000 a night to stay with us, we take their challenge seriously. Chapter Three of the DCS Compendium perfectly expresses what our guests crave: craftsmanship and artistry at the highest level. Ty Bar is proud to have the worldwide exclusive of Stewart’s masterpiece.”
– Mehdi Eftekari, General Manager, Four Seasons Hotel New York

As with each chapter in The Balvenie DCS Compendium, Chapter Three is stunningly exhibited in a bespoke walnut and brass frame, crafted by Scottish wood craftsman Sam Chinnery. The rarity of each expression is highlighted by an individual number engraved on the presentation case, showing it is one of just 50 sets available worldwide.

Each set includes The Balvenie DCS Compendium book, written by The Balvenie Global Ambassador Samuel J. Simmons. Signed by Simmons, the book features rare archive imagery from The Balvenie distillery, along with information on each of the five DCS Compendium chapters, documenting the process taken by Malt Master David C. Stewart MBE to curate the compendium. A second edition of the book will be released alongside Chapter Three, updated in light of Stewart receiving an MBE from the Order of the British Empire in 2016 for his services to the Scotch whisky industry.

The Balvenie DCS Compendium Chapter Three Whiskies, open leather case

The Balvenie DCS Compendium Chapter Three Whiskies

The Balvenie DCS Compendium Chapter Three Whiskies:


  • Aged: 55 years – Cask 4193, European oak Oloroso sherry hogshead, filled June14th, 1961, 41.7% ABV.
  • Nose: Sweet, honeyed, but intensely fragrant with rose petals, lavender, and a delicate spiciness.
  • Taste: Beautifully deep with soft brown sugar, toffee and butterscotch with lingering spicy cinnamon notes.
  • Finish: Floral, creamy vanilla and spice.


  • Aged: 43 years – Cask 8556, European oak Oloroso sherry butt, filled June 7th, 1973, 46.6% ABV.
  • Nose: Deep, oaky and rich with dried fruit, marmalade, and spicy ginger.
  • Taste: Succulent spice followed by vanilla, dark chocolate, nuts and an earthy liquorice sweetness.
  • Finish: Luscious balance of dried fruits and spice.


  • Aged: 35 years – Cask 7824, Refill American oak hogshead, filled October 29th, 1981, 43.8% ABV.
  • Nose: Malty, vanilla toffee and heather honey with notes of lemon zest.
  • Taste: Maple sweetness, glazed pineapple and citrus with vanilla and cinnamon.
  • Finish: Malty and sweet with layers of spice.


  • Aged: 23 years – Cask 11621, Refill American oak hogshead, filled December 6th, 1993, 51.9% ABV.
  • Nose: Fragrant, fruity and floral.
  • Taste: Syrupy, toffee sweetness and honey, balanced against soft oak vanilla.
  • Finish: Delicate, sweet and fruity.


  • Aged: 13 Years – Cask 741, European oak Oloroso sherry butt, filled January 19th, 2004, 58.2% ABV.
  • Nose: Rich, with some orange peel against balanced oak tannins.
  • Taste: Silky mouth feel, dark fruits and sherry characteristics. Subtle and spicy.
  • Finish: Luxurious and honeyed with delicate spices and oak.

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