Rare whisky value grows faster than cars, art and wine

The Wealth Report’s luxury investment index found that the value of rare whisky has increased by more than five times during the past 10 years – faster than cars, art and wine. Produced by analysis firm Knight Frank, The Wealth Report found that rare whisky grew in value by 5% over 2019 and in the past 10 years has increased at a faster rate than cars, art and wine. The Wealth Report said that while…

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Whisky at auction: Cask investment ‘not for the faint‐hearted’

Buying spirits to flip on the secondary market is an age-old practice. But as closing prices for collections at auction reach millions of pounds, The Spirits Business asks if collecting has evolved from a hobby into a safe-haven asset. *This feature was originally published in the October 2019 issue of The Spirits Business Just when you think whisky auction prices couldn’t possibly climb any higher, along came the “ultimate whisky collection”. Comprising 467 bottles and…

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Cask Trade to host ‘first’ dedicated online barrel auction

Whisky barrel marketplace Cask Trade will host the “world’s first” online auction dedicated to casks of whisky next month. Cask Trade, which was founded in 2018 with an aim to provide an “open and honest marketplace” for whisky collectors, will host the online auction from 22 January 2020. Launching at auctionyourcask.com, the sale will allow private owners and investors to sell their cask to independent bottlers and other investors all around the world. Cask Trade…

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