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Selling
Part Exchange
Further Maturation
Taxes
Ancillary Charges
Delivery

Upon Maturation

After ten years your  whisky can be either bottled, sold, part exchanged or further matured. Whisky evaporates (the Angel's Share) from the cask at about 2% per annum, while the alcohol level falls from the filling strength of 70% to 40% after 40 years; the longer it is kept for, the less there is - but the better it gets.

Selling

In accepting this order, the company expects the purchaser to offer the distillery the opportunity to reacquire your cask if it becomes surplus to your requirements on a 'first refusal' basis, at the market rate prevailing at that time. The cask will need to be regauged to confirm it's current contents - the Angel's Share, the evaporation from the cask, is not much more than 2% per annum. Once the contents are verified, a price per Regauged Litre of Alcohol (RLA) is employed to work out the offer value for the cask and it's contents. The price offered will depend on the actual regauge figure, the type of single malt, the cask type age and market value prevailing at that time. No taxes are due if sold under bond.

Part Exchange

You may wish to exchange a proportion of your cask in order to meet Duty, Vat and bottling charges of around £120 a case. By exchanging two thirds of the cask, the remaining third of the cask will be delivered to you in the UK, bottled, labelled Duty and Vat paid -  with no further charges. Approximately, in order to obtain 10 cases from a Hogshead of 12/1 70 cls at 46%.  The ratio would be slightly different at cask strength.

Further Maturation

The longer the whisky is matured, the more complex it will become. There is a maximum of around thirty to thirty five years. Insurance and Storage are included with your purchase for a ten year period and this will expire after the stated period of ten years. Further five year periods of insurance and storage can be purchased at that time if required.