An exciting option for fans of whisky is the chance to own a cask of whisky, whether you want to sell it, bottle it, or just hang on to it.
Is it worth buying a cask of whisky?
The question to this really depends on what you want to get out of it. Are you buying it to commemorate something, or as an investment to bring in profit? Or perhaps you just want to bottle your own cask of your favourite brand?
Whatever the reason, start there and then it’ll make sense if it’s worth investing or not. If you are able to buy a cask of whisky just to own your it, then why not!
If you’re thinking of buying a cask for investment, then that can be fruitful as well. It can be quite complex to invest in whisky, so make sure you’re fully clued up on how to do that.
Bottling a cask of whisky
Bottling your cask can cost you more than you might think. Tax is paid for every litre bottled and you have to ensure that your whisky is good enough to sell if you’re going to bottle it yourself. There is no straightforward way to know how much it will cost to bottle your cask, but it isn’t always cheap.
Many owners of private casks choose to sell their casks in bond. This is a more cost effective way of making money on your cask. There are different ways you can do this, and a few companies who will help you as well. If your aim was to make money on your cask, this this is a great way to do that.
Alternatively, bottling your whisky is a nice way to keep it, if you weren’t planning on making money from it anyway. Casks bought for birthdays or other occasions are perfect for bottling as your will always have something to enjoy out of that cask.
Where can you buy a cask of whisky?
There are plenty of distilleries in the UK and Ireland where you can purchase a cask of whisky to later sell or to bottle. We’ve grouped them together in price ranges.
£999 – £2,500 – Ardnamurchan (Scotland), Milk and Honey (Israel), Penderyn (Wales), The Borders (Scotland), Lindores Abbey Distillery (Scotland), Raasay (Scotland)
£2,500 – £3,500 – Nc’Nean (Scotland), Spirit of Yorkshire (England), Isle of Arran (Scotland), Annandale (Scotland)
£6,000 – Lagg (Scotland)
£8,000 – Inchdairnie (Scotland)
£11,000 – Ardnahoe (Scotland)
€75,000 (c.£66,000) – Midleton (Ireland)