"Over a decade whisky investors would have quintupled their money. That is a far better return than on most assets. Needless to say, global equities are well behind at 2.5 times."
Lex, FT.com, 30th Jan 2021
"Over a decade whisky investors would have quintupled their money. That is a far better return than on most assets. Needless to say, global equities are well behind at 2.5 times."
Lex, FT.com, 30th Jan 2021
Have you ever fancied owning a cask of whisky? If the answer is yes, then we can make that happen for you. If the answer is no, then perhaps you should consider it, as there is a great deal of synergy between buying wine to lay down and buying casks of whisky. A cask of whisky can be bought, stored and sold under bond, much in the same way as a case of wine. Taxes are only payable if the cask is bottled and delivered, again, the same as with a case of wine. Ultimately, the whisky can be either resold or bottled and enjoyed.
Whilst many in the market are guilty of overstating the potential returns, there is no doubt that, with a realistic timeframe, impressive profits can be realised.
The cask market (and whisky in general) is going through a Golden Age. Bottles and casks of top distilleries are consistently breaking records at auction and a new article about whisky investment seems to appear almost daily in some publication or another. This explosion in popularity is understandable, given that whisky has been the top performing alternative asset class for the past two years. This success is not restricted just to the headline-grabbing top end of the market. As more and more people enter the market, drinkers and investors alike, the availability of casks at all levels decreases and therefore prices go up. It is a simple supply/demand scenario that has been tried and tested.
In a nutshell:
Any customer of Farr Vintners can buy a cask from us. It will appear in your online portfolio along with your wines but will remain in a bonded warehouse in Scotland (a legal requirement). You will be invoiced per annum for storage and insurance, in the same way you're invoiced for your wines. When it comes to selling your cask, we can present you with the options and provide you with advice around the sale.
Click here to read more about investing in casks
Please email us at casks@farrvintners.com if there is anything specific you are looking for.
Please note that whisky casks cannot be bought including taxes and must be bought under bond.