buying casks

[Show Me the Whisky!]

Hi all My name is Anthony and I share a love of whisky. I have a decent collection of mainly unopened bottles and I am always keen to add to it if anybody is interested. I especially would like to buy casks of whisky and create some personalised bottles. I will travel for the right opportunity and would love to share a dram too. I also am keen to offer advice on whisky investing to anybody that knows less than me. I take advice.....try not to tell me to f off though.

[Forbes]

When you buy a cask of whisky you are going to have an awful lot of personalised whisky which is fine if you like the whisky and plan to drink it otherwise you will need some way or somewhere to sell them.

[Show Me the Whisky!]

Ha yes I dont think would drink it all, not at once anyway. Keep some and sell some if possible;) I have plenty of contacts abroad so selling shouldn't be a problem if the liquid tastes good.....

[Bryanbossard]

Any advice on “cost of entry” for whiskey investment? Meaning does one need to buy a $10k bottle to have something investable or would a $150 bottle (properly selected) potentially yield a solid return? I recently posted this as a new question but saw your open offer here so figured I’d double down as it were .

[Show Me the Whisky!]

The nature of whisky investment has changed a lot in the last 10 years. You could buy a bottle 6 years ago for £100 and sell it today for £3000+ in auction....for instance Yamazaki sherry cask 2013. This issue in the great leap in prices has made it virtually impossible to secure these type of bottles at initial retail price as they almost never reach the market for the likes of us meer mortals to acquire....the reality is the lucrative business in the world is very quickly identified and hoovered up by the big players and the opportunities disappear at this level. Bottles do still hit the market, usually limited releases, that may cost around the £150 you mention and present a solid investment but they are more difficult to identify currently. Buy at auction is your only choice in all likelihood but be prepared for eye watering prices and a sense of perilous risk if you hope for any short term profit. Long term, whisky is probably going to give you a far better return than saving. It is fun though and accessible. I researched for years and followed the price changes on a daily basis and eventually identified pretty much all the worthwhile bottles for investment....I'm a bit lazier these days as I am raising my son at the same time and I can't always keep on top of the new opportunities until he starts school. Do research and see trends, it's old fashioned but it works.