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Alternative Investment - Whiskey Casks CaskX plans to partner with established and craft distilleries in the United States who have a history in producing and marketing premium bourbon. While it is gauging interest from investors, it is partnering with a well-known craft distillery for its bourbon offerings. Given the increasing preference for single barrel and select bourbon releases among affluent consumers, combined with rising international demand, the bourbon industry has experienced significant growth over the past 10 years1. And, most industry experts are predicting continued growth in demand over the next few years.1 There are stringent federal regulations governing production, transportation and distribution of each barrel, which with both the distilleries and CaskX must comply. Casks can only be sold to those holding wholesale permits and CaskX then sells interests in the casks for investment purposes. Thus, you will receive a warehouse receipt evidencing your interest in the casks in which you invest and CaskX will execute your instructions with the distillery when you are ready to exit from this investment. Since 2010, prices for bourbon casks have appreciated on average 13.85% per year, depending on the distillery and age. In comparison to other asset classes, bourbon has outpaced nearly every other category during the period 2010 through 2020 as set forth in the table below and as tracked by the Knight Frank Luxury Index. The lone exception was rare scotch whisky bottles, for which the value grew 582% over that period. Rare Whisky 582% Bourbon Barrels 365% Emerging Whisky Bottles 265% Scotch Whisky Bottles 212% Classic Cars 194% Coins 193% Stamps 189% S&P 500 180% KFLII Index 161% Art 158% Wine 147% Colored Diamonds 122% Jewelry 112% Handbags 108% AU Metro Property 79% Watches 73% ASX 200 41% Gold 36% US Property 34% Furniture -32% |
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Msg # | Subject | Author | Recs | Date Posted |
238 | Re: Alternative Investment - Whiskey Casks | Huffdaland | 1 | 7/17/2021 9:58:37 PM |