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Arran Founders Reserve

 
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andy_tuf
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Joined: 23 Sep 2010
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Location: Isle of Arran

PostPosted: Thu Sep 23, 2010 8:26 am    Post subject: Arran Founders Reserve Reply with quote

I've a minibond for the Founders reserve but they've 'Sold out' and have just offered me a case of 10yo (worth half as much) instead. Has this happened to anyone else and should I accept it or hold out for something better?
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Crane
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Joined: 26 Jun 2008
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Location: UK

PostPosted: Thu Sep 23, 2010 1:44 pm    Post subject: Reply with quote

I am not too sure what you mean by minibond. I know that in 1993 bonds were sold to help fund the building of Arran Distillery. These bonds, which were priced at £450 each entitled the bearer to receive 72 bottles of Lochranza blend and 72 bottles of Arran Founders Reserve single malt in 2001.

I assume your minibond is a part share (correct me if i am wrong). How many bottles of the Founders Reserve were you entitled to get?
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Samson
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Joined: 24 Nov 2007
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Location: Canada

PostPosted: Fri Sep 24, 2010 3:22 am    Post subject: Reply with quote

I am not sure of the numbers of bottles involved but Arran 10 year does not replace the Founders Reserve which is destined to to continue increasing in value
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r900p
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Joined: 03 Mar 2009
Posts: 138
Location: Hayfield, Derbyshire

PostPosted: Sun Sep 26, 2010 9:47 am    Post subject: Reply with quote

What are we looking for a case of 10 - £180?

I'd hold out, if indeed you took out a bond at £450 or halfbond £225 what they are offering is nowhere near the value.

I presume the bond will affectively be a contract I presume, so they are relying on people taking the offer of the 10 before they actually have to sit down and think exactly what they are going to do.

R
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clavery
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Joined: 14 Jan 2011
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Location: n,ireland

PostPosted: Fri Jan 14, 2011 9:55 pm    Post subject: arran mini bond Reply with quote

hi guys, i also am a mini bond holder which entitled me to 12 bottles of founders reserve, i have also been in touch with the company and have been offered 12 bottles of 10 year old!!!, though im not an expert, i thought buying a bond meant that 12 bottles worth would be stored in a barrel for when i decided to cash in my bond!! should i play hardball as the company have been putting my whisky into their blend "lochranza founders reserve"????
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Blackadder
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Joined: 31 Jan 2010
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PostPosted: Fri Jan 14, 2011 10:46 pm    Post subject: Reply with quote

i would certainly be expecting to receive what i paid for and think you should play hardball
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