WHISKY CASK SCAM CENTRE
HELP & GUIDANCE TO BUY & SELL WHISKY CASKS SAFELY
AVOIDING WHISKY CASK SCAMS
At Mark Littler Ltd. we pride ourselves on providing honest, straightforward advice on buying casks of whisky.
Whether you are buying or selling a cask, our aim is to educate you on the intricacies of the whisky cask world so that you can make an educated decision in order to get the most from your cask.
Here we have collated our core guidance, articles and reference guides on whisky cask scams and whisky fraud so that you can learn how to avoid scams in order to buy or sell your cask safely.
As always, if you have any questions, please get in touch.
THE ULTIMATE GUIDE TO AVOIDING WHISKY SCAMS
A due diligence check list
Whisky casks can be a great investment, both from a personal and financial perspective. But with so little information available on buying casks, how can you ensure you are not falling victim to a scam?
We are often contacted by customers who are attempting to perform due diligence on a cask they are purchasing from another company, and in doing so find our guides. One request that comes up time and time again is please can we provide a cask buying due diligence checklist.
Delivery Orders: Why Do You Need One?
One of the main attractions to owning a whisky cask is that it is a physical asset. But as whisky casks have to be kept in a HMRC regulated, bonded warehouse how can you be sure your cask exists and that you own it?
There is only one way to ensure you are the legal owner of a cask, and that is a Delivery Order. Find out how to ensure you are the legal owner of your cask.
Making An Informed Cask Investment
Buying a cask of whisky can be rewarding and profitable, but in an opaque market like the cask market it is more important than every to make sure that you know as much about casks as the people you are buying from.
Check and know these seven things before you buy in order to ensure you are making an informed decision about your cask.
The Knight Frank Index & Casks
The Knight Frank Index tracks the value of investments of passion. Rare bottles of whisky have been included since 2019, buy does that bear any relevance to a cask of whisky?
The short answer is no. This video explain exactly why that’s the case so you can avoid this common miss-selling of cask investments.
10-18% Returns on Whisky Casks?
The truth about cask investment and 10-18% per annum returns. First, ask yourself, if these returns were guaranteed why would pensions etc. not be investing in whisky casks?
Casks can be a good investment when done correctly. Make sure you know all the facts so that you cannot be mislead.
How to Avoid Whisky Scams
It is important to know what to look out for when buying a whisky cask that might suggest not to buy. And one of the best ways to learn what not to do, is to look at how people have been caught out in the past.
We run through the history of scams to show you how to spot cask fraud and keep your investment safe.
CASK CALCULATOR
How Much Does It Cost To Bottle A Cask Of Whisky?
We created our cask calculator to help you understand the costs involved in bottling a cask of whisky.
Bottling a cask of whisky is frequently the first option that occurs to members of the public when they look at selling a cask. But did you know that bottling a cask can as much as double your costs thanks to VAT, Duty, bottling and transport costs? Find out how these costs add up with our cask calculator.
Bottle Counts & Whisky Casks?
In the whisky cask industry to volume of a cask is described in litres, more specifically when you are looking at buying a cask of whisky you should be looking at the Bulk Litres, ABV and RLA.
In this video we run through what bottle count does and does not mean, and why you should avoid it.
1990s Whisky Scams
In the 1990s you could buy a cask of Macallan for £3,500. While that may seem a bargain in today’s terms, at the time the casks were only worth around £750.
Many of the potential pitfalls of buying a cask in the 90s are still relevant today, so by looking to the past we can learn what to avoid.
Five Common Pitfalls
Casks can be a good investment, but like any investment there are precautions that should be taken.
Here we run through the five most common mistakes people make with casks purchases and how to avoid them in order to make a sound investment.
THE FAILING DEMOCRACY OF CASK AUCTIONS
CAN YOU TRUST CASK AUCTIONS?
Auctions are considered the most democratic method of sale, but what happens when an auction ceases to be a neutral ground for buyers to set value?
In January 2020 a cask was listed on an online cask auction whose estimate in our opinion was well over the true open market value of that cask. We explore why we believe the estimate to be so misleading, why this is cause for concern and how you can use our Cask Calculator to fight this worrying trend.
Explore more
HELP & GUIDANCE TO BUY & SELL WHISKY CASKS SAFELY
AVOIDING WHISKY CASK SCAMS
At Mark Littler Ltd. we pride ourselves on providing honest, straightforward advice on buying casks of whisky.
Whether you are buying or selling a cask, our aim is to educate you on the intricacies of the whisky cask world so that you can make an educated decision in order to get the most from your cask.
Here we have collated our core guidance, articles and reference guides on whisky cask scams and whisky fraud so that you can learn how to avoid scams in order to buy or sell your cask safely.
As always, if you have any questions, please get in touch.
THE ULTIMATE GUIDE TO AVOIDING WHISKY SCAMS
A due diligence check list
Whisky casks can be a great investment, both from a personal and financial perspective. But with so little information available on buying casks, how can you ensure you are not falling victim to a scam?
We are often contacted by customers who are attempting to perform due diligence on a cask they are purchasing from another company, and in doing so find our guides. One request that comes up time and time again is please can we provide a cask buying due diligence checklist.
Delivery Orders: Why Do You Need One?
One of the main attractions to owning a whisky cask is that it is a physical asset. But as whisky casks have to be kept in a HMRC regulated, bonded warehouse how can you be sure your cask exists and that you own it?
There is only one way to ensure you are the legal owner of a cask, and that is a Delivery Order. Find out how to ensure you are the legal owner of your cask.
Making An Informed Cask Investment
Buying a cask of whisky can be rewarding and profitable, but in an opaque market like the cask market it is more important than every to make sure that you know as much about casks as the people you are buying from.
Check and know these seven things before you buy in order to ensure you are making an informed decision about your cask.
The Knight Frank Index & Casks
The Knight Frank Index tracks the value of investments of passion. Rare bottles of whisky have been included since 2019, buy does that bear any relevance to a cask of whisky?
The short answer is no. This video explain exactly why that’s the case so you can avoid this common miss-selling of cask investments.
10-18% Returns on Whisky Casks?
The truth about cask investment and 10-18% per annum returns. First, ask yourself, if these returns were guaranteed why would pensions etc. not be investing in whisky casks?
Casks can be a good investment when done correctly. Make sure you know all the facts so that you cannot be mislead.
How to Avoid Whisky Scams
It is important to know what to look out for when buying a whisky cask that might suggest not to buy. And one of the best ways to learn what not to do, is to look at how people have been caught out in the past.
We run through the history of scams to show you how to spot cask fraud and keep your investment safe.
CASK CALCULATOR
How Much Does It Cost To Bottle A Cask Of Whisky?
We created our cask calculator to help you understand the costs involved in bottling a cask of whisky.
Bottling a cask of whisky is frequently the first option that occurs to members of the public when they look at selling a cask. But did you know that bottling a cask can as much as double your costs thanks to VAT, Duty, bottling and transport costs? Find out how these costs add up with our cask calculator.
Bottle Counts & Whisky Casks?
In the whisky cask industry to volume of a cask is described in litres, more specifically when you are looking at buying a cask of whisky you should be looking at the Bulk Litres, ABV and RLA.
In this video we run through what bottle count does and does not mean, and why you should avoid it.
1990s Whisky Scams
In the 1990s you could buy a cask of Macallan for £3,500. While that may seem a bargain in today’s terms, at the time the casks were only worth around £750.
Many of the potential pitfalls of buying a cask in the 90s are still relevant today, so by looking to the past we can learn what to avoid.
Five Common Pitfalls
Casks can be a good investment, but like any investment there are precautions that should be taken.
Here we run through the five most common mistakes people make with casks purchases and how to avoid them in order to make a sound investment.
THE FAILING DEMOCRACY OF CASK AUCTIONS
CAN YOU TRUST CASK AUCTIONS?
Auctions are considered the most democratic method of sale, but what happens when an auction ceases to be a neutral ground for buyers to set value?
In January 2020 a cask was listed on an online cask auction whose estimate in our opinion was well over the true open market value of that cask. We explore why we believe the estimate to be so misleading, why this is cause for concern and how you can use our Cask Calculator to fight this worrying trend.
Explore more