ONLINE CASK WHISKY AUCTION AIMED AT FIRST-TIME INVESTORS AND BUYERS LOOKING TO DIVERSIFY THEIR PORTFOLIO – Auction Whisky News

ONLINE CASK WHISKY AUCTION AIMED AT FIRST-TIME INVESTORS AND BUYERS LOOKING TO DIVERSIFY THEIR PORTFOLIO

The only live, online auction dedicated to cask whisky takes place next month (August) and will feature more than 20 casks including a 1993 Springbank, 1992 Speyside and a 2009 Bruichladdich Amarone – aged for its entire life in an ex-Amarone wine cask.

Perfect for first-time investors and enthusiasts looking to begin their journey into the world of lifestyle collectables, or for all inquisitive buyers wanting to diversify their portfolio to include casks that offer a return over a longer period of time, auctionyourcask.com is open to everyone.

Trusted trader and Director of Cask Trade, Lee Tomlinson, has more than 10 years’ experience working in the industry and has sold 100s of casks.

“The majority of casks in the auction are perfect for aging for 5/10/15+ years which makes them ideal for bottlers looking to plan future releases or investors looking to hold onto casks for a longer-term investment,” says Lee, highly regarded as one of the industry’s leading independent valuator of casks.

“We have it on good authority the 1992 Speyside is Glenlivit, so we are expecting that Lot to attract much attention,” adds Lee.

The auction, hosted by Cask Trade via its online auction website auctionyourcask.com, will go live on 14thAugust and run until 23rd August 2020. Casks to go under the virtual hammer are priced between £1,500 and £35,000 and include a 1993 Springbank, 1992 Speyside, 2009 Bruichladdich Amarone, two 2015 Glen Ord Barrels, as well as a 2008 Glen Moray and 2011 Glen Garioch.

But don’t just take our word for it, Keeper of the Quaich Sir Colin Hampden-White has tasted a selection of samples from casks that will feature in the auction. Click here to watch his video tasting notes: https://youtu.be/Ve3NbtZTaSg

Following on from the successful first auction in January, the world’s second live, online auction dedicated to casks of whisky is expected to attract even more sellers and bidders from around the globe.

Auctionyourcask.com allows private owners and investors to sell their cask to independent bottlers and other investors all around the world.

To sign up to bid in the live auction, register here: https://www.auctionyourcask.com/members/login

Auctionyourcask.com is inviting people to register their casks for auction by 31st July 2020. Those looking to register their cask for sale should complete an online form to request a valuation. https://www.auctionyourcask.com/request-a-valuation

The auction, which will go live on 14th August will run until 23rd August (ending 8pm GMT), will feature a wide selection of casks at different price points.

All casks will need to have had a recent re-gauge ready for auction and a full 70cl sample will be drawn so that bidders have the opportunity, wherever possible, to try the whisky before they buy. Auction your cask validate all the sellers and confirm proof of ownership and the history of the cask enabling bidders to safely buy. With complete transparency and no sellers’ fee Cask Trade can offer bidders the actual hammer price. Their low buyers’ fee of 15% + VAT will offer the opportunity to buyers, trade or private, to buy rare casks.

Hosted four times a year the next auction will take place in November 2020.

10 REASONS TO INVEST IN CASKS:

1)         Whisky is a top performing luxury investment and far outstrips the more established alternative asset investments such as art, wine and cars. Estimated accumulative short-term returns of 40%, medium term of 80%, and long term 140%.

2)        Each cask is unique and only a limited number are available. No two casks will ever be the same.

3)        Time is on your side as whisky only matures in the cask. The more mature it gets, the more valuable it becomes.

4)        There is no index or quoted market for whisky casks as each one is different.

5)        Complete transparency – Cask Trade buy each cask first and all the paperwork, location and health of the cask is verified before it ever makes it onto the stock list.

6)        Trusted marketplace – Buyers can take Cask Trade’s WOWGR number, go to the warehouse and confirm the cask exists. Bonded warehouses check-in each cask and perform a ‘dip’ test to measure the level of alcohol. Every year, they are required to report to HMRC how many casks they have and the levels of alcohol. Casks cannot be faked or fabricated.

7)        Casks are safer than storing bottles; the only thing stealing your whisky is the angels.

8)        Whisky is a delicious investment and casks are a physical, tangible asset that you own. You can sample them, trade them and even bottle them!

9)        Investment Realisation: Cask Trade’s multiple exit strategies and global client base ensures a hassle-free exit from your investment.

10)      Cask Trade will arrange for clients to receive samples of their whiskies and visit their casks(s), upon request, wherever possible.

NOTES:

Founded in 2018 by Simon Aron in partnership with several of the world’s foremost whisky masters, including Keeper of the Quaich Sir Colin Hampden-White, Cask Trade buys and sells exceptional cask whiskies. The company is unique because it only sells casks it owns outright, and it only sells whole casks: it is not a whisky cask broker and it does not offer fractional sales.

A passionate whisky collector for more than 20 years, Simon Aron suffered many false promises from whisky investment companies and this drove his ambition to create a real and trustworthy market place for whisky collectors and investors, and bottlers:

The company’s casks are held in the best HMRC bonded warehouses, regularly visited and approved by Cask Trade whisky masters. All stock holdings have a complete paper trail.

  • Delivery orders from supplier to Cask Trade
  • Invoices for transfer of ownership, storage insurance, re-gauging, sampling or movement
  • HMRC-issued WOWGR (warehouse keepers, warehouse premises, owner of goods and registered consigners): a fully regulated and closely monitored license requiring due diligence on suppliers as well as customers.
  • HMRC-issued AWRS Alcohol Wholesaler Registration Scheme: Licenced to wholesale, bottle and retail.

Included in its extensive list of customer services, Cask Trade’s rigorous processes means that the company will guarantee to buy back from its clients the casks they buy from and have had managed by Cask Trade. It also offers…

  • Regular sampling and re-gauging of casks
  • Re-racking (sherry wine, port etc)
  • Estimates of bottles and strength in cask (effects of angels’ share 0ver years of maturations)
  • Financial modelling for each cask based on age and rarity with estimated % returns
  • Costings for bottling, labelling and shipping (duty & tax)
  • Regularly updated whisky investment guide which includes statistics from two authoritative third parties (independent of Cask Trade)
  • Cask Trade will arrange for clients to receive samples of their whiskies and visit their barrels(s), upon request – wherever possible.

Cask Trade has started the first live auction website dedicated to exceptional whisky casks: auctionyourcask.com.

Hosted four times a year and helping private owners/investors sell their cask to independent bottlers and other investors all around the world. All casks will be re-gauged ready for auction and a full 70cl sample will be drawn so that bidders have the opportunity to try the whisky before they buy. – Wherever possible. We validate all the sellers and confirm proof of ownership and the history of the cask enabling bidders to safely buy. With complete transparency and no sellers’ fee we can offer you the actual hammer price. Our low buyers’ fee of 15% + VAT will offer the opportunity to buyers, trade or private, to buy rare casks.

https://www.casktrade.com

https://www.auctionyourcask.com

Whisky Price Growth

Results of the recent Knight Frank Wealth Report’s new unique luxury investment index revealed whisky was one of the most coveted objects of desire in 2019.

The report out in February 2020, says Rare Whisky has grown in value the most over the last 10 years at +564% and increased by +5% in the past 12 months; and states casks remained in huge demand. By comparison cars have seen an increase of 194%, art by 141% and wine by 120%.

https://www.knightfrank.com/wealthreport 

Data collected by Rare Whisky 101 suggests the four-year growth from December 2014 in rare whisky has increased over 160%, compared to just 2.47% for the FTSE 100. https://www.rarewhisky101.com/indices

The same report by Rare Whisky 101 claimed via the BBC that they had performed a controlled test of 55 rare bottles, of which over a third were fakes.

https://www.bbc.co.uk/news/uk-scotland-scotland-business-4656670

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