Distillers are free to change the blend of their expressions as they wish. This fund invests in whisky-producing companies but does not hold any physical whisky. After all, they have scale, expertise and the industry connections to secure new make spirit from better known distilleries. First, once the whisky is bottled it will no longer age. As aged whisky stocks have run low and the industry has struggled to keep up with demand, there has been a tendency, sometimes, to cheapen the components of the blend being used in younger age statements. Even better if they are a big distiller, of course, they must deal with distributors and retailers, not to mention having a few corporate jets to pay for. The result, is that whiskies from one bottling can be more or less desireable than those of another bottling; creating opportunities for profit.
Four to Buy This Year
For those of us who set Google Alerts for whiskey auction sales ahem: guiltythese platinum whiskey investment fund boom times. There are several ways to invest in whiskey. Bottles are widely available. Some collectors love having their prized bottles close, sitting on the shelf, where they can be admired each invdstment every day. Others opt for the quick turnover. Buy a bottle on release and quickly sell it to a secondary market for profit.
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Hong Kong-based Quintessentially has announced a joint venture with Platinum Wines in an effort to strengthen their fine wine and spirits offering in Asia. Subscribe today to get each issue of The Drinks Business as soon as it’s published, plus all the latest breaking news and access to our library of back issues. Stay up-to-date with the latest news about the international spirits industry every weekday lunchtime GMT. You are currently viewing the International Edition. Switch to the Hong Kong Edition. Mobile Menu. Platinum WHisky Investment Fund.
For those of us who set Google Alerts for whiskey auction sales ahem: guiltythese are boom times. There are several ways to invest in whiskey. Bottles are widely available. Some collectors love having their prized bottles close, sitting on the shelf, where they can be admired each and every day. Others opt for the quick turnover. Buy a bottle on release and quickly sell it to a secondary market for profit. Then there is the lucrative, adventurous path of cask investment.
Methods range from full cask ownership to fractional investments and trades. In its simplest form, would-be investors can simply contact a distillery, choose a cask, and pay. The process is simple and requires you to store nothing but a digital copy of your cask certificate.
Casks can be moved from platinum whiskey investment fund to warehouse as. Under Scottish law, however, whiskey must be bottled before leaving the country. Platinum whiskey investment fund way to pursue cask ownership is via investment companies. WhiskyInvestDirect takes investment and trading to the next level. Think of it as the stock market of whisky investment. Through an online platform, enthusiasts can trade in Scotch whisky increments as small as one liter of pure alcohol at a time.
Monthly lists published on the website act as proof that the casks being traded are indeed secure, held in bonded warehouses. Insuring your assets is cheap, and purchasing can be done easily by following the steps on the platform. While not suitable for those only just delving into casks or investment in general, WhiskyInvestDirect provides a wonderful platform, which allows buyers and sellers to link directly with each other for sales and purchases.
It also allows distillers to produce freely, without the fear of producing too much or too little. Bartels Whisky acts as a buyer, seller, and independent bottler of rare Scotch whisky, bourbon, tasting sets, and other spirits. It also supplies very young casks, even new fill, acting as somewhat of a wholesaler. The new fill casks in particular can be highly profitable if you make the right investment. Part of the appeal of cask ownership is, of course, financial.
While a bottled distilled spirit will remain as is, casks provide continued maturation. The whiskey will continue to evolve until you, its owner, decide to sell or bottle it. This is no way definitive, but it does demonstrate the potential for growth albeit on the highest end of the spectrum. The profit to be made very much depends on the brand and distillery, and its growth in the coming years. Still, he says, the appeal is. Some are in it to invest, and others simply want to own a part of their most loved distillery.
As with any type of investment, the risk is better when backed by passion. So buy a cask you love. Odds are, 20 years from now, it will be worth a whole lot more than you pay today. The Process In its simplest form, would-be investors can simply contact a distillery, choose a cask, and pay. The Players Another way to pursue cask ownership is via investment companies.
The Appeal Part of the appeal of cask ownership is, of course, financial. Published: March 15,
Four Bottles That Spiked
A significant chunk of the cost, however, is incurred at the end of the holding period when the government taxes are. This fund invests in whisky-producing companies but does not hold any physical whisky. In a depressed market, you are more likely to get maturing whisky from top distilleries and get it cheap. There is another way of investing in whisky and that is to buy barrels of new whisky for maturation and eventual bottling. What the ROI would be from bottling it and selling it is unclear.
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