Everyone wants the latest and greatest.

The newest fancy phone is typically only a small improvement over the previous version,

yet eager customers will plunk down massive sums to own it, and even if your laptop is

practically brand new, the moment a newer version is announced you can feel its obsolescence.

And not all valuable things are new.

Take the world of Scotch Whiskey, for example.

A bottle of a 12 year old single malt is good, for sure, depending on the distillery

who crafted it, but the 18 year version undeniably better and priced accordingly, and the older

they get, the more you're going to have to pay for a taste.

How much more?

Well in 2018, legendary distillery The McCallan released a limited batch of 72 year old single

malt. That's a Scotch that has aged in barrels for over seven decades before being bottled

up and sold, and each bottle came with a price tag of roughly $65,000.

One bar in Beverly Hills was reported to have sold one ounce pours of the stuff for

just $12,000 a piece.

The same could be said about a lot of things.

About a year ago, a US Air Force veteran took an old Rolex watch to a local taping of the

Antiques Roadshow. He'd bought it in 1974 for about $350, and then he never wore it.

Thanks to the popularity of that model, known as a Daytona, and four decades in a safety

deposit box, the watch is now estimated to be worth half a million dollars.

The veteran, by the way, fell over when he heard the news.

As any of us would, I'm sure.

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