It is by no means a secret that exclusive spirits are inherently linked to the affluent lifestyle of middle and upper-class individuals. However, some of our readers may not realize that such products can be intended not only for consumption but also — when used as assets — to securely invest their financial resources, protecting them against soaring inflation and generating a satisfactory long-term profit. For these purposes, wines, rums, as well as various types of whisky, are used, and today we would like to discuss these in more detail.
Is cask-aged whisky a good investment?
Investing even in a single bottle of this beverage can prove to be profitable, as it is well known that each vintage is limited, which means that over the years, a product purchased once will only increase in value. However, experts agree that whisky matures and gains its unique taste and aroma only if it is stored in appropriately designed casks. This means that when we purchase a ten-year-old drink in a brick-and-mortar store or via the global Internet network, a decade-old bottle...< /u> will still be able to be sold as a ten-year-old after another decade. While it is certainly possible to generate profit this way, it will probably not be as satisfying as one might expect.
So perhaps a better solution is to invest your funds in cask-aged whisky?
This approach makes much more sense, as we will be able to continue aging the whisky at home... however, we want to draw our readers’ attention to a certain issue. Acquiring an alcoholic beverage in such a container is much more complicated than initially assumed. It turns out that an original drink, produced for example in Scotland, can only be offered to consumers after being transferred into bottles. Therefore, if we wish to become owners of larger quantities of whisky stored in oak casks or similar, we will need to contact the distillery directly, which not only holds the appropriate certifications and is respected among connoisseurs, but also allows interested parties to purchase their products wholesale.
Even if we manage to resolve this issue by contacting representatives of a company operating in Scotland or another country producing top-quality whisky, we must be aware that such an investment is not cheap, and it might even cause quite a headache for novice investors.
Why is this the case?
Market analysis clearly shows that even a freshly produced premium beverage left to mature further in a cask will cost us a little over ten thousand dollars, which at the current exchange rate exceeds forty thousand PLN.
However, keep in mind that this is the lower limit. When it comes to whisky that is fifteen years old, a pride and joy of a particular distillery, the offered price for a cask of such a prestigious alcoholic beverage can range from 500,000 to even 700,000 dollars. Converted, this means sums that could easily buy a sports car or a sizable property! Many investors are undeterred by this fact, viewing such expenditure as a highly sensible long-term investment.
They know well that possessing the proper documentation confirming the authenticity of the beverage, and aging the whisky year after year by storing it under recommended conditions, only increases its resale value. We are talking about profits ranging from a few percent (in the case of quickly finding a buyer) up to even several dozen percent (when sold after many years from the initial purchase). These proceeds can then be used to buy other investment assets such as real estate, luxury vehicles, or works of art… or to acquire another cask of whisky for long-term storage, thereby gradually increasing wealth.
It is very interesting that fellow countrymen seem to be increasingly interested in such a way of investing funds, as well as possessing the appropriate means to acquire a spirit stored in a special barrel. A few years ago, few Poles knew about this method of investment, and those actually completing the transactions discussed today made up a small percentage of the entire population.Currently, the situation is changing dynamically, but the number of branded whisky barrels stored in Polish homes is steadily increasing, demonstrating the sensibility of this form of capital investment… especially among people who are not driven by immediate profit and are willing to wait even over a decade for financial benefits!
