Eleven questions people ask us before buying a cask. Anything that isn't here, ask us directly.
With a spirit like whisky, which contains at least 40% alcohol by volume, this is rare to the point of being almost impossible. In the vast majority of the few recorded cases where a whisky cask did spoil, the cask was very old (around 50 years).
A whisky cask is not a share, so it is not sold at the click of a button: it is a physical asset, much like a property. We put every contact we have to work to sell the cask on your terms. Our experience in the market shows that a sale rarely takes more than a few weeks, and is usually a matter of days. At MyWhisky we earn our fee only once the cask is sold, so we do everything we can to make the sale efficient and quick while maximising your profit.
Of course! If you would like to visit your cask in Scotland, we can arrange a visit to the warehouse where it is held. Bear in mind that a bonded warehouse is not a visitor centre and cannot host guests at any given moment, so it is always best to coordinate in advance and make sure the visit can go ahead.
The cask is purchased directly from the licensed bodies in the UK, and they issue the certificate of ownership in your name. In other words, you are registered as the sole owner of the asset.
In the world of investing anything can happen, and that is part of the risk that comes with any investment. That said, we take care to hedge risk comprehensively, and to date we have not encountered a whisky cask falling in value.
Once a year, professional valuers in the UK carry out a market valuation of the cask. Following the valuation you receive an annual report covering the state of the whisky market, the value of your assets and a strategic assessment from your portfolio manager.
Our clients' casks are held across Scotland in licensed warehouses certified by the Scottish alcohol regulator, where warehouse staff maintain optimal storage conditions and check the condition and health of every cask on an ongoing basis.
The “angels' share” is the name given to the natural evaporation that takes place in whisky casks over the years. Like any liquid, some of the whisky in the cask evaporates over time (on average about 2% a year of the cask's current contents). Our cask valuations already take this evaporation into account, in the understanding that it affects every cask on the market.
That is exactly what the insurance is for! The casks are insured by some of the largest insurers in the UK against all damage and theft, based on the annual valuation. Your asset is insured at its current value!
Of course! The whisky cask is yours in every respect! You can ask for a sample or a bottle to be drawn from your cask at any time.
We provide a complete investment framework that connects a premium asset in Scotland with close, personal guidance here in Israel:
Leave your details and one of our experts will call you back for an initial consultation and an up-to-date cask catalogue.
Prefer to talk now? +972-53-302-3245