VALUATE YOUR CASKS
Wondering how much your cask(s) might be worth now and how to sell it?
Submit the basic information of your cask for a free consultation. We can evaluate how much your cask is worth in the market today, selling strategies for your casks or bottling advisory. As a licensed Duty Representative, we also offer custodian services to manage your casks in Scotland.
Simply follow the steps below and our specialists will review your submission at no cost and provide preliminary advisory within 1 to 3 business days.
HOW WE CAN HELP
Evaluating your cask doesn't always mean exit. Here are services we can do for you.
HOW IT WORKS
Fill in the form below.
Our advisors will evaluate the information you've provided, we will contact you if more information is required.
An advisor will present you a result of the valuation and advise the best strategies.
When should I valuate my cask? As the whisky matures inside the cask, the older it gets the more rare and valuable it becomes. It is always wise to keep an eye on the value of your assets. Some may request annual or bi-annual valuations.
When is a good time to sell my cask? There is no exact time on when to sell your cask. Depending on the age and health of your cask. You should not blindly wait for a specific age, you do not want to make your cask worthless. We recommend you should keep your cask at least 5 - 7 years for it to reach an ideal return in value.
What are the exit strategies? Re-sell to our private clients. Through our network of private investors, we can sell the cask on your behalf. Distillery Buyback - Original distillery is often interested in repurchasing well-aged casks so they can release the liquid as an official bottling. Auction - With old and rare whisky casks becoming increasingly rare, they are becoming more popular in auctions. Bottle your cask - After bottling your cask you may wish to sell it on privately, through retail channels, or simply to share with family and friends.
What documents and/or information should I prepare when selling? 1. Certificate of ownership 2. Duty Representative and warehouse details 3. Latest re-gauge report
Will I be taxed for selling my cask? Whisky casks are classed as wasting Chattel in UK. They are exempt from Capital gains tax in UK because the life of a whisky cask is deemed to be no longer than 50 years. (even in cases where the whisky may live for longer than 50 years this is still classed as a ‘wasting Chattel’ . For other countries please consult with your local tax advisor.
Have other enquiries? We're here for you.
Call +852 2665 3389
(Hours : 10AM - 6PM)