Pistonheads whisky cask

[Lefty]

Coneyhurst Blue said:

Sorry Lefty, been away camping for a long weekend with the kids before they go back to school.
Payment sent !

Super, thanks Alex. Good weekend?

I'm going up tomorrow to fill cask 3, will get pics and paperwork for casks 2 and 3 and send the agreement out to you all.

How does everyone feel about sharing contact details with each other?

I have a spreadsheet which shows who is in for each cask and their details. Is everyone happy for their details to be shared with the other members (not posted here obviously)?

Cheers
Iain

[Lefty]

Oooh, look at this




And.... from Glenglassaugh:

Quantity Cask Type Nominal Capacity (litres) Price
............. Ex-Port Pipes (first fill) 580 litres £6,500
............. Ex-Sherry Butts (first fill) 500 litres £6,250
............. Ex-Sherry Hogsheads (first fill) 250 litres £3,000
............. Ex-Port Hogsheads (first fill) 250 litres £3,000
............. Ex-Red Wine Barrel (first fill) 210 litres £2,500
............. Re-Charred Wine Barrel 210 litres £2,500
............. Ex-Bourbon Barrel (first fill) 190 litres £2,500
NB: All capacities are nominal and indicative. The exact capacity of individual cask will be advised after filling.

My initial calcs suggest that a port-pipe matured for 15 years would cost £33/bottle inclusive (in todays money) and yield 612 bottles.

Based on these P50 values:

Angels share 2%
ABV at bottling 55%
annual duty increases of 2%
Inflation of 2%
VAT at 20% in 15 years time


2026 price per bottle would be £44.



If we increased that to 18 years it would be £34 in todays money and £49 in 2029 but with only 576 bottles.

again

Edited by Lefty on Tuesday 6th September 12:53

[Lefty]

I'm a contractor, a one-man ltd co. Always looking for ways to invest the comany money without having to draw it and pay personal tax...

Look at the price of Glenglassaugh whisky, it's friggin expensive. Some good profit to be made there.

Lefty Ltd, independent bottler of single-cask whisky.

[Lefty]

ClassicMercs said:

You utter buggers.

You know I want a peated port - but have we spent enough of late ? And I'm only in for 1/20th of the other four casks unlike most others !

Can we have up a summary chart of the four casks and owners ? I'll try it if you want (assuming all the £'s arrive for 4).


PS - did my wonga turn up last night / first thing Lefty ?

Errr, I didn't notice it actually Pete, let me check again tonight and I'll let you know.

I've got a table in excel at work that I can copy and paste on here tomorrow which shows who's into what, save you the effort!

Peated port...Solstice is good but not sure I'd want a whole cask!

Rememebr, when buying full casks the worl (well, scotland) is your oyster. Whilst I'm in love with glenglassaugh, almost any distillery will sell you a full cask, be it a hoggy or butt, first fill or refill.

[Lefty]

Well a port pipe is seriously gonna limit your choice.

Benriach maybe. Arran.


I'm awfully tempted by a Glendronach sherry butt. Or a bruichladdich.

[Lefty]

Craig, got your email thanks but the funds haven't hit my account yet.

No payment from nick (TFatC) yet, think he said he's going away though... Nick, I'll drop you an email.

Cheers

[Lefty]

Right, I've spoken with Craig (crmcteer) and I think I can trust Nick (TFatC) since he's in on the other 3 casks so I'm about to head off up to Portsoy.

Photos to follow...

[Lefty]

So, apparently I can't upload pics from my blackberry to PH...

Can I email them to one of you to post up here?

Otherwise I can do it in the morning...

By the way, I can confirm that the unpeated clearac at 63.5% is fking awesome stuff!

The batch of sherry octaves that we missed arrived at lunchtime today. They smell heavenly.

Stuart very nearly sold me a sherry hogshead too. Very nearly. Very, very nearly.

Edited by Lefty on Thursday 8th September 08:58

[Lefty]

Podie, you're a gent.

[Lefty]

krallicious said:

Nice. So how long do we have to wait until the bottling ceremony?

Not that long for the sherry octaves I reckon. 3 or 4 years.

The refill ones, that are both now filled, I'm not sure. 5-7 years I guess.

Thanks again for posting those pics Podie. I've got higher res ones that I'll post tomorrow.

The last picture is a batch of sherry octaves that just arrived today. They smell extraordinary.

Ours will come in November sometime...

Cheers!
Iain

[Lefty]

Haha, I did manage to drink some of it from the palm of my hand!

Lovely stuff, remarkably pleasant to drink - most clearac is pretty unpalatable!

[Lefty]

ClassicMercs said:

Just walked out of a hotel in Pickering, North Yorkshire - arguably the poshest hotel in town - to find a cattle truck parked amongst the Mercedes and Range Rovers. Rural life.

Tough decision. Get into my car and go home, or hide in the back of the cattle truck ?
The signwriting said - Portsoy Livestock Haulage.

I've seen those trucks around here. Good cattle up here, they get fed draff...

[Lefty]

Cheers Nick, yeah just popped through.

Got Craigs too so we're all up to date. Thanks chaps.

Mhairi at Glenglassaugh is sending the certificates out today once the casks are weighed so i'll get copies of them sorted out and sent to you all.

[Lefty]

Podie said:

So, it must be ready by now.

I'm not posting on PH again until 2014...

[Lefty]

La la la la laaa la la laaa la laaaa la la la laaaaa la laa laa la la la laaa la la la laa laaaaaa la la la la laaaaa la la laaaaa la laa laaaa laa la la

[Lefty]

Whaddya mean is this thread gonna become like that?

[Lefty]

Tell me about it, I've got the order form for full-size casks on my desk at work.

Just can't decide whether to stay with glenglassaugh or try somebody else...

[Lefty]

Sorry chaps, at the moment I feel that a full-size cask too is too much liability and commitment and a heck of a lot of £££ - how about £20k over 18 years?

I'll take pre-orders on bottles of Glenglassaugh for 2029 though...

[Lefty]

Yes, focus on singkle cask bottlings and ltd edition bottles from popular distillerioes like Macallan and Ardbeg.

Special edition miniatures are VERY collectable and often worth more than 70cl bottles. Work that one out...

Single casks start to appreciate once they are sold out, wait a few years and they will be worth more, guaranteed. Even joining SMWS can be worth it if you focus on certain distilleries...

Try to get as many committee release bottles from Ardbeg as you can. I have a CR Very Young that I paid £59 for, it's now worth maybe £4-500.

Snow Phoenix might appreciate a bit - there was a lot of it made though.

When buying single casks try to get in as early as possible, low numbers (like 0-10) are often worth more than higher bottle numbers. It usually involves turning up at the distillery though.

Good luck!

[Lefty]

I was at the goanm auction last year and saw a few bottles I was interested in go waaay over guide price...

Regarding buying distilleries, it's something I've vaguely pondered over the last year or so. It would mean taking on some serious debt but is probably doable. We'd have to mortgage our house, sell our rental properties (basically my pension) and I don't particularly want to put my family financial future at risk over an optimistic dream to own a distillery!

A new-build would be cheaper but with no interim income. Any scenario would mean a major change to my current business and lifestyle so it's going to stay a dream unless I come into a few million from the lotto or some other unknown source!

Be nice though...