Whisky in 2019 was a top performing luxury investment. During the proceeding months, the market reported increases of up to 40% on rare bottle values, which out performed some of the more established alternative asset investments such as art, wine and cars.
2019 was also notable for a record-breaking fee achieved for a bottle at auction, a “Macallan 1926″ selling for a record £1.5m at Sotheby’s. In 2018, over £40m worth of rare whisky was sold at auction during 2018 alone. The four-year growth from December 2014 in rare whisky saw increases over 160%, compared to just 2.47% for the FTSE 100.
Scotch Whisky is exported to 180 markets worldwide with Scotch accounting for 20% of the United Kingdom’s entire food and drinks exports.
In the last 4 years, over thirty new distilleries have been founded and several legendary closed distilleries restored to full working condition. Recently these distilleries have seen cask sales as a source of early revenue. Un-aged casks of new-make spirit can cost in excess of £6000.
Note: Whisky Casks are for the investor who has knowledge of the Wines & Spirits Industry.