Managing the risks
Whisky investments have been a popular investment option for many years, with some rare bottles fetching high prices at auction. However, investing in whisky is not without its risks. There are a number of pitfalls to be aware of. In this article, we will explore some of the key things to look out for when investing in whisky.
Fake Whisky Bottles
One of the biggest risks when investing in whisky is the threat of fake bottles. Counterfeiters have become increasingly skilled at producing fake bottles that are indistinguishable from the real thing. It is important to buy from reputable dealers who can verify the authenticity of the bottle, or have it professionally appraised. Buying via specialist retailers and auction houses will usually mean the bottles have been through this review process before being offered for sale, but it is worth doing your due diligence.
Overpaying on your whisky investment
Another common pitfall is overpayment for a bottle of whisky. It is important to have a good understanding of the current market value of the bottle you are interested in, as well as the historical price trend. Avoid paying more than the fair market value for a bottle, as it will be difficult to recoup your investment if you need to sell it in the future. Buy direct from distilleries or reputable retailers if you can.
Storage Conditions
Whisky needs to be stored in the correct conditions to maintain its value. Exposure to light, heat, and humidity can cause the whiskey to deteriorate, and the value of the bottle will decrease. It is important to store your bottles upright in a cool, dark, and dry place, away from any sources of heat or light.
Lack of Liquidity
Investing in whisky can be a long-term investment, and it may take many years to sell a bottle. There is a healthy market for rare and collectable whiskies, but it is of course a specialist area. You’ll need to give yourself some time to find the right buyer when you’re ready to sell. This can make it challenging to get your money back if you need it in a hurry.
Market Fluctuations
Just like any investment, the value of a bottle of whisky can be affected by market fluctuations. It is important to understand the risks involved, and be prepared for market changes that may affect the value of your investment.
Over-Reliance on Brand Names
Some investors focus too heavily on well-known brand names, but this can be a mistake. While brand name recognition is important, it is not the only factor that affects the value of a bottle. Other factors, such as the age, rarity, and provenance of the bottle, also play a role.
Have fun, hunt the good bottles — just make sure you do your research
In conclusion, whisky investments can be a rewarding experience, but it is important to be aware of the risks involved. By avoiding common pitfalls, such as buying fake bottles, overpaying, and relying too heavily on brand names, you can increase your chances of success when investing in whisky. Once you’ve bought your bottles, store them in the correct conditions and be prepared for market fluctuations.
We hope this article has been useful. And, if you’re interested in learning more about our particular area of expertise, whisky casks, please contact us here.
Written by Russell Spratley
Originally published at https://www.spiritfilled.co.uk.
Generally speaking, Grain whiskies are whiskies made from grains other than malted barley like rye, corn, or wheat.
Most whiskies made in America or Canada are of this type.Grain Whiskies often tend to be sidelined by so-called whisky enthusiasts as they don’t consider it exceedingly tasty or rich.
These whiskies can be very characteristic and full of flavor.
Depending on what your taste buds dictate, you can choose to drink any of these, or better yet, all as long as you’re giving grains a chance!Single Grain WhiskySingle grain whisky is often confusingly believed to contain only one grain.
So these whiskies are made from one distillery and contain any grains except for malted barley because that would make it single malt.The variation of even a grain can result in a significant distinction in taste even in the same whisky category.
If you’re a newcomer to the whisky world, these whiskies are the perfect beginners as they have sweet flavors generally complemented with cereal-ly notes and caramel tones so they slide smoothly through the throat and are best if you don’t enjoy overly smoky or intense flavors on your tongue.Grain Scotch WhiskyGrain scotch whisky is another stellar drink to enjoy on its own or in cocktails.
Global Malt Whisky Market 2018-2025:This report studies the Global Malt Whisky Market size of key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Malt Whisky in these regions.This research report categorizes the global Malt Whisky market by players/brands, region, type and application.
This report also studies the global market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels, distributors and Porter's Five Forces Analysis.In 2017, the global Malt Whisky market size was million US$ and is forecast to million US in 2025, growing at a CAGR of from 2018.
The objectives of this study are to define, segment, and project the size of the Malt Whisky market based on company, product type, application and key regions.The various contributors involved in the value chain of Malt Whisky Market include manufacturers, suppliers, distributors, intermediaries, and customers.The key manufacturers in the Malt Whisky Market includeSpeyburnAnCnoc CutterThe BalvenieBunnahabhainOld PulteneyThe MacallanCragganmoreHighland ParkGlenmorangieLaphroaigJuraLagavulinBowmoreSpringbankAberlour WhiskyBalblairRoyal BracklaCraigellachieAberfeldyThe DeveronAultmoreThe GlenlivetArdbegMarket Size Split by TypeScotch WhiskyAmerican WhiskyIrish WhiskeyCanadian WhiskyOthersMarket Size Split by ApplicationDomestic & Personal ConsumptionCommercial ConsumingRequest a sample of this report @ http://www.orbisresearch.com/contacts/request-sample/2312281Market size split by Region:North America: United States, Canada, MexicoAsia-Pacific: China, India, Japan, South Korea, Australia, Indonesia, Singapore, Malaysia, Philippines, Thailand, VietnamEurope: Germany, France, UK, Italy, Spain, RussiaCentral & South America: Brazil, Rest of Central & South AmericaMiddle East & Africa: GCC Countries, Turkey, Egypt, South AfricaAbout Us:Orbis Research (orbisresearch.com) is a single point aid for all your market research requirements.
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