Pistonheads whisky cask

Author
Discussion

madbadger

11,555 posts

243 months

Thursday 30th October 2014
quotequote all
I'm still up for a swapshop.

smile

hornetrider

63,161 posts

204 months

Thursday 30th October 2014
quotequote all
madbadger said:
I'm still up for a swapshop.

smile
This.

Would be great to end up with a few choices after not picking up on the thread early enough.

Podie

46,630 posts

274 months

Thursday 30th October 2014
quotequote all
hornetrider said:
madbadger said:
I'm still up for a swapshop.

smile
This.

Would be great to end up with a few choices after not picking up on the thread early enough.
Well, when people get the shock about the cost of duty, I'm happy to make some purchases smile

Mr Trophy

6,808 posts

202 months

Thursday 30th October 2014
quotequote all
If there is a round 2 of this, I would love to join next time smile

krallicious

4,312 posts

204 months

Thursday 30th October 2014
quotequote all
Mr Trophy said:
If there is a round 2 of this, I would love to join next time smile
So would I but I think the prices for the casks have increased drastically since Lefty sorted out the 1st round.

whoami

13,151 posts

239 months

Thursday 30th October 2014
quotequote all
Mr Trophy said:
If there is a round 2 of this, I would love to join next time smile
Me too.

AndyAudi

3,007 posts

221 months

Thursday 30th October 2014
quotequote all
Are they allowing Cask Re-fills?
I've a 1st fill Sherry myself hitting the 3yrs soon & wondering if it it'll be time!

Lefty

Original Poster:

16,132 posts

201 months

Thursday 30th October 2014
quotequote all
Glenglassaugh have stopped all Octave sales, you may manage to get a full size cask if you're well connected with the Benriach group.

Adelphi are selling new casks from the Ardnamurchan distillery, probably for a limited time.


Podie

46,630 posts

274 months

Thursday 30th October 2014
quotequote all
When we were there with Lefty in August, we had a good chat with them.

Basically, it's a cashflow exercise for a distillery after a period of inactivity. Now, with things going well and investment from BenRiach it's not viable and a big overhead. It's just not going to happen.

Lefty land I ooked around, and to find octaves at the moment just isn't happening. If you want to stump up £3k+ for a hogshead there are a few abou - but that's a huge undertaking and easily a decade or more.

Lefty

Original Poster:

16,132 posts

201 months

Thursday 30th October 2014
quotequote all
Podie said:
hornetrider said:
madbadger said:
I'm still up for a swapshop.

smile
This.

Would be great to end up with a few choices after not picking up on the thread early enough.
Well, when people get the shock about the cost of duty, I'm happy to make some purchases smile
I think we can make a reasonable assesment of duty, it's around £27/litre of pure alcohol. But, yes, it does add up.

Bottling charges and labelling are the unknowns. Which brings me neatly to that very subject. If we can agree to bottle now I'll pop up to the distillery and see what are options are for bottling/labels/boxes etc, get a price and a delivery date.

Now that the distillery has been sold, i dont think they are bottling on-site anymore which is a shame because we could have done it (or at least started it) ourselves.


Lefty

Original Poster:

16,132 posts

201 months

Thursday 30th October 2014
quotequote all
Podie said:
When we were there with Lefty in August, we had a good chat with them.

Basically, it's a cashflow exercise for a distillery after a period of inactivity. Now, with things going well and investment from BenRiach it's not viable and a big overhead. It's just not going to happen.

Lefty land I ooked around, and to find octaves at the moment just isn't happening. If you want to stump up £3k+ for a hogshead there are a few abou - but that's a huge undertaking and easily a decade or more.
Indeed. The Octaves are maturing very quickly but for investing in larger casks I firmly believe that going for a long maturation is important.

I would love a sherry butt and keep it for >30 years as a retirement present...but that's a pretty hefty liability for duty and vat.

Lefty

Original Poster:

16,132 posts

201 months

Thursday 30th October 2014
quotequote all
AndyAudi said:
Are they allowing Cask Re-fills?
I've a 1st fill Sherry myself hitting the 3yrs soon & wondering if it it'll be time!
I doubt it...but it wouldnt hurt to ask.

madbadger

11,555 posts

243 months

Thursday 30th October 2014
quotequote all
Bottle - glass, round, cork in the top.

Something this kind of thing would be fine:



smile

Podie

46,630 posts

274 months

Thursday 30th October 2014
quotequote all
Bottle your own looks like this


5678

6,146 posts

226 months

Thursday 30th October 2014
quotequote all
Lefty said:
I think we can make a reasonable assesment of duty, it's around £27/litre of pure alcohol. But, yes, it does add up.

Bottling charges and labelling are the unknowns. Which brings me neatly to that very subject. If we can agree to bottle now I'll pop up to the distillery and see what are options are for bottling/labels/boxes etc, get a price and a delivery date.

Now that the distillery has been sold, i dont think they are bottling on-site anymore which is a shame because we could have done it (or at least started it) ourselves.
What's the expected evaporation over 3 years? You said approximately 10 litres after 7 years, so 5 after 3 maybe? So we're looking at around 4.5 litres each?

Does the duty apply to that amount or to the alcohol content? If I'm reading it right then the worst cast is ~£120 of duty + bottling costs each? Not bad really.

5678

6,146 posts

226 months

Thursday 30th October 2014
quotequote all
Think I've answered my own question, HMRC seems to state that it's on the alcohol content, so...

45 litres
Assume 45% (?)

45 * 0.45 = 20.25 litres of pure alcohol

20.25 * £28.22 = £571.46

£571.46 / 10 = £57.15 duty costs per share?

Or am I talking nonsense?

madbadger

11,555 posts

243 months

Thursday 30th October 2014
quotequote all
That bottle looks fine.

smile

madbadger

11,555 posts

243 months

Thursday 30th October 2014
quotequote all

krallicious

4,312 posts

204 months

Thursday 30th October 2014
quotequote all
I think the 'standard' bottle looks good but if we could get the tear drop shaped one for the same money then I would go with that.

Podie

46,630 posts

274 months

Thursday 30th October 2014
quotequote all
madbadger said:
rofl