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London Cask Traders

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Comments

  • redux
    redux Posts: 23,158
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    Strange coincidence, after the above post

    I'm not a whisky drinker, but as I read through this thread I thought back to a holiday in 1988, when on a day of indifferent weather we visited some distilleries, the highlight being a friend's favourite, The Macallan. Once in a while I've wondered what it would be worth if I'd bought some then. But that is a well known and cherished brand

  • masonic
    masonic Posts: 30,810
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    No doubt these casks are a much better investment when the product actually exists.

  • eskbanker
    eskbanker Posts: 42,143
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  • EthicsGradient
    EthicsGradient Posts: 1,587
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    This week's story is still listed as "goes on sale at £270k", so that seems like an expected price rather than one that has been reached:

    Surrey pensioner Angus Kerr said he had bought the Glenrothes single malt in 1971 as an investment, hoping it would help pay for his children's school fees.

    …

    Kerr said he had hoped to sell the barrel five years later for a profit, but the company went bust and he lost contact with them.

    "I just threw my hands in the air and thought, 'OK, that was silly'," he added.

    However, a few years later, the 81-year-old was contacted out of the blue by a Glaswegian company, which said he owed them money for storing the barrel.

    After getting waylaid by "business, kids and life in general", Kerr said he had only recently contacted broker Mark Littler to try to sell the barrel, which contains enough for approximately 287 bottles.

    Kerr said the tasting experts had declared the 57-year-old whisky "absolutely fantastic".

    "It could have lost its alcohol content or ended up being very oaky and horrible, so it's very fortunate," he added.

    Whisky barrel bought for £130 goes on sale at £270,000 - BBC News

  • retiredbanker1
    retiredbanker1 Posts: 1,008
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    The OP may want to read this -

    https://www.dailymail.com/news/article-16083875/Whisky-company-shut-barrel-investment-scam.html

  • flaneurs_lobster
    flaneurs_lobster Posts: 12,691
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    …and here's the same story from gov.uk if you prefer not to reward the Daily Mail with clicks

    https://www.gov.uk/government/news/scam-whisky-investment-firm-shut-down-after-customers-left-thousands-of-pounds-out-of-pocket

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