Since the Rosebank Distillery in Falkirk closed in 1993, a bottle of the unblended single malt whisky with its distinctive fruity notes has become a collector's item.
But steps are underway to bring the spirit of the old malt back to life
The former Rosebank distillery is situated on the banks of the Forth and Clyde Canal.
It has been there since the 1840s and was one of dozens based in the Lowlands.
Their single malt with its flowery and aromatic tones put Falkirk on the whisky trail.
So when the distillery was decommissioned in 1993, connoisseurs were outraged.
However, one local family intends to produce a new malt that will be equal to the original in every way.
The Stewart family proposes to build a new distillery a few miles up the road from the original and by rescuing the 18th century copper stills and making use of local waters, they believe the Rosebank malt can be revived.
Fiona Stewart, from the Falkirk Distillery Company, said: "The world of whisky's eyes are upon us now but at the end of the day we know through the triple distillation process we can't fail to produce a lovely whisky product."
She added that the new malt would be a whisky for "lovers of the 21st century."
During the last decade there has been a sharp growth in whisky exports to emerging markets like China and India.
Old distilleries lying dormant are being rebuilt while existing ones are being expanded.
The £5million Falkirk Distillery project, which includes shops, a restaurant, and a business centre, is a bold move in the present economic climate.
However, consultant planner Alastair Bell has praised the move.
He said: "Falkirk needs people with a willingness to invest in the future and this is a company willing to do that. We're in a current economic climate that is difficult for people to invest in and here's a company prepared to put its money on the table."
The Stewarts are hoping to achieve final planning permission in the next few months but they have been told they are not permitted to use the Rosebank name.
Still, they hope their new malt - like the old one - will still be delighting discerning palates in 150 years' time.
