Cask 246556 (Bond code CW000333) 200 litre first fill bourbon cask 63% abv when filled to cask, now 61.42%. Only angel share shrinkage from cask Distilled at Great Northern Distillery on 22nd March 2021. Tasted by Alastair Higgins March 2022 from sample pulled in Feb 2022 Nose Fruity, perfumed, candied and barley sugar aromas. Palate Soft, light and citrussy with touches of honey and vanilla. No harsh oakiness. Finish Gentle, soft and delicate. Showing good balance already. The cask is currently stored under bond at Stafford Bonded in Wexford under the Celtic Whiskey Cask program. The purchaser would have the following options, Keep the cask at Stafford Bonded under the Celtic Whiskey bond account for further maturation. In this instance, the buyer would need to agree to the Terms & Conditions set out below. The yearly storage/insurance cost is €120 which includes a 20cl annual sample to track maturation. Remove the cask from bond paying the excise/vat in full. Excise is €42.57 LPA and vat is 23%. Transfer the cask from Staffords Bonded to an alternative Bonded warehouse. The buyer would be liable for the delivery charge and any associated costs. Things to consider when purchasing a cask. Angels share – When this cask was distilled in 2016 it was reduced to 63% for casking. After this point, It is estimated that your cask will lose around 3-4% to the angels in the first year and around 2% per year after. The cask holds approx. 225 litres so at time of filling would have approx. 321 bottles at cask strength or 505 bottles at 40% abv. After 10 years, you'd expect to lose around 20% to the angels share, so this would reduce down to approx. 250 bottles at cask strength or 400 bottles at 40%. Bottling – There are a number of bottling companies in Ireland and we can pass on these details to you. Once bottled, you can either choose to either keep the bottled stock under bond paying yearly storage or remove from bond and paying the duty/vat. At todays duty rate of €42.57 per LPA you would pay €11.92 per bottle at 40% abv and €16.39 per bottle if at 55% abv. The 23% (todays rate) vat is added on cost of whiskey plus duty cost combined. Why buy a cask – Buyers of casks are usually from 2 groups of people. Either buying for fun as an individual or as part of a group looking to follow the journey of the cask and then to decide on how long to mature or to change the maturation cask down the line. Or buying as an investment. The value of whiskey casks is related ultimately to supply & demand. Some companies are currently advertising that huge profits can be made but at Celtic Whiskey we'd like to reduce down these expectations. We would like to point out that the value can go up or down so like all investments you should take expert advice if you are buying for that reason. Just because a bottle sells on a retail shelf for say €100, that doesn't give it that value necessarily to a cask owner. The €100 includes 23% vat, a retailers margin, possibly a wholesalers margin, cost of bottling & dry goods, distribution cost, etc. Also, customers have to want to buy your particular product which is the reason similar aged whiskeys can have widely differing sales prices. If looking to sell on bottles of whiskey, please be aware you would need a wholesalers licence if not in the trade. Celtic Whiskey Shop sells new make spirit from Great Northern Distillery. Please follow the link to get aged examples so you can see the full costs involved. https://www.celticwhiskeyshop.com/whiskey-casks/ Please find the Terms & Conditions that must be agreed if you'd like Celtic Whiskey to keep maturing your cask at Staffords Bonded