Whisky investments: three ways to invest in scotch

In this article, we're going to look at five simple questions that someone new to the world of whisky casks may ask.   What is a whisky cask? A whisky cask is a wooden vessel used to age whisky. It is barrel-shaped, made of curved planks of wood called staves, as well as flat ends, again made from planks. Casks are made by skilled experts called 'coopers'. It can take years to qualify and to graduate from apprentice to full cooper. Once distilled, the spirit is poured into the whisky cask and left for a period of time. The unique shape of whisky casks helps warehouse keepers roll the heavy liquid-filled casks from one location to another. For example, from the distillery to the warehouse. Or, from the warehouse to the bottling hall. Why are whisky casks important? Whisky casks are important for two reasons: classification and flavour. For a whisky to be called 'scotch' it must age in an oak cask for at least three years. Any less than three years and, according to ...

So, you're ready to sell your whisky casks You found a great cask. You bought from a reputable cask broker, and got a good price. You've been patient, letting the whisky continue to age in its cask over the years that have passed. As the whisky has matured, your cask investment has become more attractive. And, the time has now come for you to sell your whisky cask. But, how? What options do you have? Here are four ways to sell a whisky cask. 1: Sell your cask to another investor: One option would be to sell your cask to another investor. The cask market is becoming increasingly active. There are lots of people out there looking for good quality, well aged, casks. So, if you're ready to sell, they may be ready to buy. The challenge here is how to find other private investors, and how to ensure the sale is done in a compliant way. That leads us on to the next option. 2: Sell to a cask broker: You could sell your cask to a broker. This may well be how you bought your cask in t...

Whisky investments are an increasingly popular alternative investment. There are three ways you could put money into whisky. Each has its own advantages and disadvantages. Its own sources of excitement, and potential return. And in each case, you should consider the possible risks, as well as rewards.   Invest in bottles of single malt A lot of people get into whisky investment by buying and holding whisky bottles. Rare limited editions from popular brands are particularly sought after. Certain whiskies can perform well. You may be familiar with the whisky auction sites. And you might have read news about famous sales. In February 2020, a bottle of 60-year-old 1926 Macallan sold for a hammer price of US$1 million. But, it can be difficult to choose the right bottle in the first place. Or having chosen a particular, rare, bottle, it may be difficult to buy it. You'll need to keep it in pristine condition, both bottle and presentation packaging. Storage temperature and humidity are...