WHISKY analyst, broker and investment expert Rare Whisky 101 has launched a new bespoke cask brokerage service to meet increased demand from global enthusiasts seeking rare whisky still held in wood.
Over the past 12 months, Dunfermline-based RW101 has brokered more than 20,000 rare whisky bottles around the globe.
However, with demand for Scotland’s rare liquid gold showing no signs of abating, the world’s leading whisky hunters are now casting the net wider to include dormant casks, which could be worth more than £100,000 each based on average values brokered by RW101.
RW101 has already brokered casks – barrels, hogsheads and butts – from a range of iconic brands including Ardbeg, Laphroaig, Macallan, Highland Park, Rosebank and Springbank.
Prices have ranged from £2500 per cask to more than £500,000, with an average of £132,000.
RW101 believes there may be some casks in existence which, if they came up for sale, could fetch well over £1 million each.
By launching this new service, it aims to attract owners of casks of rare whisky, most likely lying dormant in Scotland’s bonded warehouses.
RW101 co-founder David Robertson said the firm has seen an increased demand for quality casks. He said: “We’re particularly keen to hear from owners who may have either inherited old casks or acquired and then left them in storage. Given the booming global demand for rare whisky, they could be sitting on a very tidy profit.”
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