The limited-edition release is the distillery's oldest whisky to date, at 62 years old, and is presented in ruby-encrusted Glencairn decanters – the first decanters from the famous crystal studio to feature hand-mounted precious gemstones.
It follows the critically acclaimed Pagoda Reserve Trilogy, which comprises rare whiskies aged 43, 48 and 59 years old, and will be joined later this year by the Pagoda Sapphire Reserve 63 Years Old.
The Ruby Reserve is available in two editions: Limited Edition Silver, of which 180 70cl bottles and 62 magnums are available; and Collector's Edition Gold, of which there are only 50 70cl bottles and 50 magnums available. Prices (before VAT) range from £22,716 for the Limited Edition Silver 70cl decanters to £53,546 for the Collector's Edition Gold magnum decanters.
The Ruby Reserve decanters feature Chinese guardian lions on the sides and a red crystal pagoda-shaped stopper, while the solid silver and gold-plated collars of the two editions are individually numbered.
The whiskies for Glenfarclas' Pagoda Reserve Series were selected by its distillery director, George Grant, and Stephen Notman, Scotland's ambassador to whisky in China and Keeper of the Quaich. Each of the exclusive releases predates the 1972 decommissioning of the distillery's famous pagoda-shaped kiln.
George Grant said: "I take great pleasure in releasing this extremely rare 1954 single sherry butt cask 62 years old. The Glenfarclas Pagoda Ruby Reserve is a rare piece of Scotch whisky heritage and one of the oldest whiskies on the market today."
Scott Davidson, Glencairn's new product development director, added: "It has been an honour to create some of our finest decanters to pay homage to and celebrate the exceptional whiskies in the Glenfarclas Pagoda Reserve Series."