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Celebrating 12 Years of Elite Wine & Whisky
As we mark our 12th anniversary at Elite Wine & Whisky, we’re reflecting on the incredible journey of both our business and the whisky industry
Our Whisky Reflections of 2024
As 2024 draws to a close, it’s time to reflect on the key developments that shaped the whisky world this year. Below, we’ve outlined significant milestones in the industry alongside some exciting updates from our journey.
Key Whisky Milestones of 2024
- Hong Kong Whisky Tax Cut: A major reduction in whisky import taxes in Hong Kong has bolstered the region’s position as a significant market for Scotch whisky, driving global interest and demand. To read more click here.
- UK Budget Updates: Legislative adjustments reinforced the importance of Scotch whisky as a major export, creating opportunities for collectors to benefit from evolving tax efficiencies and policies. To read more click here.
- Record-Breaking Whisky Auctions: Rare whiskies continued to break records with sales that highlighted the value of collecting exceptional bottles.
- Karuizawa 1960 52-Year-Old sold for $283,135 at Sotheby’s Hong Kong.
- Macallan The Red Collection 60-Year-Old achieved $145,207 at Whisky Auctioneer.
- Van Winkle Special Reserve 18-Year-Old fetched $86,000 at Unicorn Auctions.
- Sustainability Innovations: Distilleries worldwide embraced sustainable practices, from using renewable energy to offering eco-friendly packaging, reflecting the industry’s commitment to environmental responsibility.
- Emerging Whisky Markets: Beyond Hong Kong, Asian markets such as India and Singapore have seen an upsurge in interest, driven by growing affluence and appreciation for fine whisky.
Exciting Updates from Us
- Our First Bottling: This year, we achieved an exciting milestone by undertaking our first bottling—featuring an exceptional expression from the renowned Girvan distillery. This service, offered exclusively through our new bonded warehouse, allowed us to manage the process with precision and care.
- Our New Bonded Warehouse: The launch of our bonded warehouse in Edinburgh was another pivotal moment for us this year. This facility reflects our commitment to providing unmatched security, transparency, and expert care for whisky casks. With seamless ownership transfers, delivery orders, and dedicated professionals ensuring your casks are meticulously managed, the warehouse has been a true game-changer for collectors.
- What’s Coming in 2025: As we reflect on 2024’s successes, we’re thrilled to share that we’ve been working on a very special project. While we can’t reveal the details just yet, we’ll be making an exciting announcement in early 2025. Keep an eye on your emails to be the first to hear about this new chapter.
2024 has been a remarkable year, and we’re honoured to have shared it with you. As we look ahead, we cannot wait to see what 2025 holds for the whisky world and collectors alike.
If you’d like to discuss whether Whisky casks are a suitable addition to your investment portfolio, please reply to this email or get in touch with us directly.
*Capital at risk. Past performance is no guarantee of future results.
Casks and bottles in photos shown are for display purposes only and are not the actual casks or bottles being sold.
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