Any of the Macallans of the classic/original/oloroso variety as opposed to "Fine Oak"
The 12yo is great value (In continental Europe at least)
The 1963 was the first 18yo Macallan that I owned (back in 1983) and has always been the benchmark for me
What is the going rate for a 12yo in Europe these days out of curiousity? The 12yo Macallan was the Scotch that got me hooked. I was studying abroad in St. Andrews and my roommate was determined to have me enjoy learn to appreciate Scotch. This was our go-to because I think we spent something like 12-15 quid a bottle at that time (the price was right, given the fact we were both in university). Last time I bought one in the states it was $45 I think...stupid dollar.
I have an 18yo Macallan as well (but youngest whiskey from 1986) and I find it excellent. Don't drink as much Scotch as I did back in Scotland, but only because of the outrageous costs here...I'm appreciative of the other suggestions of nice scotches in the 10-15 yo range...I'm always a little leary of trying something new just because of the cost involved, so it's nice to see recommendations.
I too have Michael Jackson's book (great hair, don't you think?) but I can't find it at the moment...grrr.