A delivery order is the industry standard way of transferring ownership of a cask between two people. It is a document signed by the seller and the buyer and acknowledged by the warehouse where the cask is stored. The legal requirement for a delivery order was revoked in 2006, however it still remains the industry […]
A duty representative is someone authorised by HMRC to act as an agent for non-UK based businesses involved in the buying, selling and storage of duty suspended goods in UK excise warehouses. The full details of duty representatives, warehousekeepers and registered owners and what they can and cannot do, are described in Statutory Notice 1999 […]
So, you’ve bottled your cask of whisky. That’s great! But do you have the naming rights to your cask? Trademark law means that you cannot call the whisky ‘Highland Park’ or ‘Caol Ila’ (depending on which distillery your cask is from) without the naming rights to your cask. Even if you are not planning on […]
Whisky casks can be a great investment and a rewarding pastime, but how can you ensure you are not falling victim to a scam? As recently as summer 2022 the FBI shut down a £10 million whisky scam and arrested a British national in connection with it. That’s not to say that buying a cask cannot be […]
UPDATE: If you are looking for information on Delivery Orders you may also want to check out our updated 2023 article, What is a delivery order and how do you get one? One of the main attractions to owning a cask of whisky is that it is a physical asset. But as casks of whisky have […]
We introduced the question ‘Are Whisky Casks A Good Investment?’ in an earlier blog post. That post introduced the principles of investment in casks that allow whisky to be a sound investment when done correctly. It covers: The basics of how whisky casks increase in value Why returns vary Whether casks are the right place […]
This article will explain what the The Knight Frank Luxury Investment Index is, where whisky bottles and casks come into it, and how it can help you make a whisky investment if used properly.
When you start looking at whisky investment many companies are keen to impart some enticing numbers; anything from 10% to 20% per annum returns, to the whisky market increasing more than 500% over 10 years. If you think that sounds tempting then you are not alone. However you should be cautious of these claims and […]