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Single malts

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I've been wondering about investing in a cask for each of my children as a long term investment (20years plus), with interest rates being so crap for such a long time. Anyone got any experience of this or any advice?

I've never invested money in anything before and am a complete neophyte when it comes to this stuff. It's the realm of grown-ups and capitalist pigdogs.

Minefield...even single malts are blended due to cask variety. If the cask ends up being crap, the whole thing will be crap. Swerve the headache...IMHO. You're better off with bottles from certain distilleries (Daftmill, for example...but good luck there) if you don't want to spend about a year researching the whole topic. Just my opinion...but I would not jump in feet-first without a whole lot of research.
 
Minefield...even single malts are blended due to cask variety. If the cask ends up being crap, the whole thing will be crap. Swerve the headache...IMHO. You're better off with bottles from certain distilleries (Daftmill, for example...but good luck there) if you don't want to spend about a year researching the whole topic. Just my opinion...but I would not jump in feet-first without a whole lot of research.
I would tend to disagree on the single malts being blended but agree on research. I think if your hoping for massive returns then don't get your hopes up. Most of the investment companies had a sales pitch that gave unrealistic returns imo. However, if you have a few quid to invest and treat it as some experimental fun, then it's better than sitting in a current account. My advice, speak to a few investment firms, ignore sales pitch and choose wisely.
 
I would tend to disagree on the single malts being blended but agree on research. I think if your hoping for massive returns then don't get your hopes up. Most of the investment companies had a sales pitch that gave unrealistic returns imo. However, if you have a few quid to invest and treat it as some experimental fun, then it's better than sitting in a current account. My advice, speak to a few investment firms, ignore sales pitch and choose wisely.

Unless it's stated on the bottle as being from a single cask, it's a just blend of single malts albeit from the same distiller. Just like if it says it's 10 years old, that doesn't mean all of it is...that's just the youngest whisky in the mix. Maybe I wasn't clear enough. I'm sure Glenfiddich or Lagavulin would love if all their single malt casks put out consistent product but it doesn't work that way, so they're blended to reach a profile.

So, if you're looking to purchase a cask as @Blue 1 was contemplating, you're hoping their cask management policy is top notch (and frankly they're gonna' keep the majority of all their good casks for themselves) or it's a roll of the dice.
 
Unless it's stated on the bottle as being from a single cask, it's a just blend of single malts albeit from the same distiller. Just like if it says it's 10 years old, that doesn't mean all of it is...that's just the youngest whisky in the mix. Maybe I wasn't clear enough. I'm sure Glenfiddich or Lagavulin would love if all their single malt casks put out consistent product but it doesn't work that way, so they're blended to reach a profile.

So, if you're looking to purchase a cask as @Blue 1 was contemplating, you're hoping their cask management policy is top notch (and frankly they're gonna' keep the majority of all their good casks for themselves) or it's a roll of the dice.
Ive ended up with
10 year old Ben Nevis Hogshead
6 year old Tomintoul barrel
7 year old Deanston barrel
5 year old Bunnahabhain barrel
All are in cask storage and managed at Tomitin Distillery.
After first year it's £40 a cask for storage and insurance. All held in bonded warehouse so no duty to pay. Will sell at auction after 5 years. Can't remember the figures, but some investment firms take 10% of any profit you make.
You have options for bottling, but it's extremely expensive and you then have to brand and sell it. Plus as soon as you go to bottle it comes out of the bonded warehouse and you pay duty.
 

Ive ended up with
10 year old Ben Nevis Hogshead
6 year old Tomintoul barrel
7 year old Deanston barrel
5 year old Bunnahabhain barrel
All are in cask storage and managed at Tomitin Distillery.
After first year it's £40 a cask for storage and insurance. All held in bonded warehouse so no duty to pay. Will sell at auction after 5 years. Can't remember the figures, but some investment firms take 10% of any profit you make.
You have options for bottling, but it's extremely expensive and you then have to brand and sell it. Plus as soon as you go to bottle it comes out of the bonded warehouse and you pay duty.

I meant just general cask policy regarding the quality of casks. For example, Ian MacMillan was Master Distiller at both Deanston and Bunnahabhain when they were under Burn Stewart and I'll buy anything he's had his hands in because of his cask and bottling policy (46% ABV, Non-CF, no E150). He's the only reason I bought a bottle of Ledaig 10 (not disappointed, either). It's a shame he left when Distell took over and that's worrying for both Bunna and Deanston as we get further and further away from his leaving. Hopefully someone was listening to him during his time there and they don't drop standards.

Just another reason why single malts can be such a pain in the ****, over time. It's almost as bad as having to keep up with all the latest news at your football club, FFS. I'm a bottle buyer, though...cask buying is another realm unto itself. Cask quality always applies, though, regardless.
 
Unless it's stated on the bottle as being from a single cask, it's a just blend of single malts albeit from the same distiller. Just like if it says it's 10 years old, that doesn't mean all of it is...that's just the youngest whisky in the mix. Maybe I wasn't clear enough. I'm sure Glenfiddich or Lagavulin would love if all their single malt casks put out consistent product but it doesn't work that way, so they're blended to reach a profile.

So, if you're looking to purchase a cask as @Blue 1 was contemplating, you're hoping their cask management policy is top notch (and frankly they're gonna' keep the majority of all their good casks for themselves) or it's a roll of the dice.
I'm not too much interested in a return on investment, but I've made initial inquiries, when I get details we'll see what's what.
 
Ive ended up with
10 year old Ben Nevis Hogshead
6 year old Tomintoul barrel
7 year old Deanston barrel
5 year old Bunnahabhain barrel
All are in cask storage and managed at Tomitin Distillery.
After first year it's £40 a cask for storage and insurance. All held in bonded warehouse so no duty to pay. Will sell at auction after 5 years. Can't remember the figures, but some investment firms take 10% of any profit you make.
You have options for bottling, but it's extremely expensive and you then have to brand and sell it. Plus as soon as you go to bottle it comes out of the bonded warehouse and you pay duty.
Can you just drink it all?
 
I'm not too much interested in a return on investment, but I've made initial inquiries, when I get details we'll see what's what.

That's the absolutely the right attitude you have to go in to it with, for sure. Whisky's had it's fair share of boom and bust cycles so I'd have the same outlook as you, regardless of intent. Plan to drink it yourself, that way you ask the right questions and do as much as you can to make sure it hopefully ends up quality. Then you win, no matter what you do with it.

I've researched the whole process of whisky too much and psyched myself out of ever going that route. I'm likely a bit too irrational about it all but I can't escape myself, unfortunately...well, most of the time.

?
 

Looking at the price list if will be one of the more modestly priced ones. Many of the names dont ring a bell, I like a bit of smoke or peat, but not to much...open to suggestions tbh.

I honestly couldn't tell you as I never got that far myself...was partially asking as I couldn't remember all the bottles you've posted, so I wasn't sure what you gravitate towards (same here on the peat hit). What sucks is it can be hard to find out who's using what in their blended stuff as maybe you'd have better luck with distilleries that make a lot for blenders since they can keep up with demand.

Caol Ila, for example, might be one to look at if you've had their stuff and like it (they're one of the Isla's I haven't tried yet)...Laphroaig at cask strength is stellar. Laphroaig has a large reputation though and lower production capacity, whereas Caol Ila kinda' flies under the radar but their production numbers are huge (biggest on Isla, I think) so they're used in a lot in peated blends, apparently. Their production capability is basically twice as much as Laphroaig if both are running full tilt (6.5M litres to Laphroaig's 3.3M...even Lagavulin is only 2.6M but everyone knows of them). So, with Caol Ila, I'm thinking at it purely from a potential availability point (more available also equals less pricey sometimes).

But yeah, I'd be useless with suggestions as I don't know who offers what when it comes to the cask thing or if you can go straight to the source or have to go through a third party etc. Ninety-nine percent of my snooping has been based around the ins and outs of the key basics; from distillation to cask maturation and what goes in to making a whisky with potential. Just going off my own pure interest I'd be looking at Ardnahoe (newest distillery on Isla-2017). There are a lot of folks waiting on Ardnahoe though, so who knows what kind of prices I'd get quoted if it was even offered.

When they're new, distilleries will sometimes offer stuff like this to make some sort of money while all their new make is maturing (hence why you might not recognise some names; or they operate specifically for blends and don't release much if any under their own name/label). They'll also make gin/vodka in the meantime too, since there's no wait time on those spirits. The problem with that though is you can't even get a retail bottle yet, so you have no profile to reference. The plus side is Ardnahoe's setup was a Jim McEwan thing and he was no slouch (former Bowmore/Bruichladdich Master Distiller, recently retired).

As I was saying when this topic first came up...it's a flippin' minefield! Sorry if I repeated stuff you already know but I don't know what you know! hah

What are some of the names you have...?
 

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