A cask whisky dealer is set to launch what it claims will be the world’s first live online whisky auction dedicated exclusively to casks.
Auctionyourcask.com will allow private owners and investors to sell their cask to independent bottlers and other investors all around the world.
Sales of Scotch have broken a fair few records this year. Auctioneer Bonhams recently broke the world record for a cask of whisky, with a hogshead of 30 year-old Macallan selling for HK$4.4 million in Hong Kong.
Sotheby’s first single-owner whisky collection sale led to a £7.6 million (US$9.8m) haul when it was offered in London in October, including breaking a world record for a bottle of single malt, which the auctioneer hailed as a “historic moment for the spirits market.“
“It’s a really exciting time for whisky sales as the recent Sotheby’s auction proved. I was in the room and the excitement was palpable and marked a historic moment for the spirits market. With the launch of auctionyourcask.com we offer a fresh approach to selling whisky by the cask, not just the bottle,” Simon Aaron, the distributor’s owner, said.
The first auction on 22 January will run until 2 February at 8pm GMT. It will include approximately 24 casks including an Aberfeldy 2005, Bruichladdich Chateau Margaux, Aberlour 1990 and Springbank 1995.
Two tastings of cask-strength whisky will be held for those who register their interest in the auction at Cask Trade’s offices on Regent Street on 15 January.
Source: The Drinks Business by Edith Hancock