Whisky Cask Collecting
A cask of whisky is a treasured item among collectors. The value of a cask can depend on many factors, such as the age, distillery, and condition of the cask. In this article, we will explore some of the most important considerations for collecting whisky casks.
Whisky Industry Overview
The whisky industry has been on the rise in recent years, with more and more people turning to whisky as their drink of choice. This has led to an increase in the number of people collecting whisky casks, with many seeing it as a valuable investment.
There are a few things to consider if you’re thinking of collecting whisky casks, such as the type of wood the cask is made from and the size of the cask. You’ll also need to decide whether you want to collect single malt or blended whisky.
Single malt whisky is made from 100% malted barley, while blended whisky is made from a mix of malted and unmalted grains. Blended whisky is generally cheaper and more widely available than single malt, so it’s a good option if you’re just starting out in your collection.
At Elite Whisky & Wine we offer a step-by-step guide on how to collect Whisky. Firstly, we have a wide range of choices of casks one can choose from. This is key for collecting, as it is important to select from well-known distilleries, but also ones which are selected for some of the largest whisky blend brands in the world.
Secondly for single malts, the quantity of the whisky that is produced is key. The more limited the initial quantity, the quicker the whisky will increase in value as bottles are consumed around the world and its supply becomes more limited.
The International Growth of the Whisky Market
Whisky cask collecting has seen significant growth in recent years, as the international whisky market continues to grow in popularity. This collectable hobby offers enthusiasts a unique way to enjoy their favourite drams, and also provides an opportunity for those looking to cash in on the burgeoning demand for rare and limited-edition bottlings.
With prices for top-end whiskies continuing to spiral upwards, many collectors are now turning their attention to cask-strength releases and other bottle variants in order to get their hands on rare and valuable expressions. In some cases, these collector’s items can fetch tens of thousands of pounds at auction, which you can read more about here.
As the international whisky market continues to expand, it’s likely that we’ll see even more interest in whisky cask collecting in the years to come. So if you’re thinking about getting into this fascinating hobby, now is the time to start building your collection!
Why collect whisky?
Whisky cask collecting has become an increasingly popular phenomenon over the years and the market is growing rapidly. Below you will find some of the main reason our clients begin their journey with us:
As rare whisky is defined as an asset class its primary objective is to safeguard collectors’ capital in the event of market downturns.
Rare Whisky has outperformed every other major financial index over the past two decades. Historically it has shown a low correlation to mainstream assets, making it a useful portfolio diversifier.
After a consultation with our qualified team, a bespoke portfolio is designed. We then provide the acquisition, maintenance and exit strategy.
Global whisky sales are projected to soar from $60 billion in 2021 to $108 billion by 2031.