cask Shares- What are Those?
Not a new concept in whisky at all but yet have never truly been sung from the rooftops as they should have been. But first, let’s face the grim reality. Casks cost a lot.
First of all, you have to buy a quality empty oak Cask, you have to find a reputable and fair distiller to sell you lots of liquid to fill it and then you have to pay to move it, store it for years and years and eventually bottle and label it ensuring you comply with all the laws that go hand in hand with the process. Quite a lot to take in I am sure you agree.
Then the tax man takes his cut. Value Added Tax is due on all whisky at the point leaves the bonded warehouse- even if you bought it ages ago. This adds 20% to the cost in the UK. Then you have to pay duty. Duty is the tax levied on alcohol by the government. In the UK, it is £28.74 per litre of pure alcohol for Spirits. If we break that down to a bottle of whisky at 50% ABV, then the cost is additional £10.06 per bottle. That is a lot of cash if you have 250 bottles to pay it on.
So yes, Casks cost a lot. However, hope is not lost.
cask shares
Cask shares split single cask whisky into smaller and more affordable chunks. Rather than having to shell out thousands for a full cask, cask shares allow multiple people to buy part shares in the same cask reducing the cost while giving you access to all the benefits of cask ownership.
Owning your very own cask of whisky is a much sought after dream that almost
every single malt lover has thought of at one point- but how to decide?
Which distillery? Which cask type? What age? Is that even available? Do I have enough spare pennies?
What if we told you that you could buy a share, or as many shares as you like in a several different casks. What we told you that there was lots of casks available and new ones coming out every month. You don’t have to choose just one. What if we said all the legal stuff was covered and tax already sorted.
That sounds a bit better doesn’t it?
The Uncharted Whisky Company is an independent bottler. It’s what we do and this is what you get from one of our cask shares:
what do you get?
Lots is the answer. One Cask Share includes:
- A guaranteed minimum yield of 3 bottles at 50% ABV in a 700ml bottle bottled in Uncharted’s stunning and tactile bottle
- Membership to The Uncharted Whisky Cask Owners Club
- Free delivery to one UK mainland address
- Certificate of ownership
- Yearly updates on your cask’s maturation progress, Angel’s share, Devil’s cut, tasting notes, strength and colouring including video and photography. Once per year, you can order a sample of the cask to do your own tasting.
- Duty, bottling and VAT included
- No extra or hidden costs
- Shipping included
- Your very own bottles of unique Single Cask and Single Malt Scotch Whisky
- Complete transparency on all the cask details
how does it work?
- You select which of our casks you would like a share in
- Purchase your share on our website
- You will receive a digital receipt and Certificate of Ownership
- When the cask is ready, we will bottle the cask under the Uncharted Whisky Company’s “Private Cask” label and ship your bottles to you. Delivery is free to mainland UK.
- We offer yearly updates on the cask’s maturation progress, Angel’s share, Devil’s cut, tasting notes, strength and colouring including video and photography. At this point, you can order a sample of the cask to do your own tasting.
- Shares start at as little as three bottles which make it an ideal gift for the whisky lover in your life (which may well be yourself!)
- If you have any other questions please get in touch, read our Terms and Conditions or have a look at our FAQ page
Check out what is available here:
