One cask today, a legacy for the next generation.
Buy individual casks of Scotch whisky in your own name. We store, insure and manage them in Scotland, and stay with you until the exit.
Casks are bought individually, so the entry size follows the casks you choose rather than a fixed package.
What it is
You buy one or more individual casks of Scotch whisky, in your own name, and we take care of everything around them: storage in Scotland, insurance at market value, cask management through maturation and reporting on how they develop. There is no portfolio construction and no pooled vehicle: you hold a single cask, in your name, left to mature undisturbed.
Who it is for
Investors starting with a long horizon and a tangible asset in mind, often with a next generation in view. It is also the natural first step towards managed portfolios later on.
Ownership starts at a single cask, selected with you and held in your name from day one.
From first conversation to your own cask
Investor profile
We map capital, horizon and how involved you want to be, and check whether a cask fits at all.
Selection and regauging
Candidate casks are measured for volume, strength and character before anything is offered to you.
Agreement
A single agreement setting out what you own, what we do and what it costs.
Transfer of ownership
The cask is registered in your name and stays in the bonded warehouse in Scotland.
Annual reporting
Once a year you receive a value and quality report on your own cask.
Personal guidance
One adviser stays with you, through maturation and at the exit.
A living asset, watched daily
A cask is not a certificate in a drawer. Volume, strength and character keep moving, and without management that movement can turn irreversible. Yours is stored at our own group warehouse in Glenrothes, monitored through regular measurement, physical inspection and digital records, insured at market value, with one point of contact from the day it arrives to the day it leaves.
Everything included for the first five years
After that a single all-in fee, with a cap. Nothing hidden in the purchase price.
| Cask of Generations | |
|---|---|
| The essentials | |
| Ownership | Legal and beneficial, in your nameCasks are registered in your name in Scotland, held in a bonded warehouse. |
| Term | Indefinite, no minimumWe suggest a horizon of at least ten years for a cask to do its work. |
| Reporting | Annual value and quality report |
| Transfer | Transferable and inheritable |
| Years one to five | |
| Storage | Included, in our own warehouse in Glenrothes |
| Cask Management | Included: monitoring, regauging, re-racking |
| Insurance | Included, at market value |
| From year six | |
| Annual management fee | 2.5% per year of market valueAll in. Capped at €300 per cask at the 2026 price level, indexed annually to CPI. Once the calculated fee passes that amount, the indexed cap applies. |
| Only if you take the whisky out | |
| VAT | 21% of market value |
| Excise duty | €18.27 per litre of pure alcoholDutch rate, 2026. The rate that applies depends on where the whisky goes. |
| Bottling | €15 per bottle2026 price level, annually CPI indexed. Covers the bottling, glass, packaging and labelling. |
| Transport | Depends on destination and route |
While the cask stays in the bonded warehouse, no duty, VAT or transport costs are due. They apply the moment you bottle or move it. The exact figures for your own situation are set out in the whitepaper and walked through in a conversation before anything is committed.
More than one way out
A cask is illiquid, but it is not a dead end. We help you choose the route and the moment.
Sell to an investor
Directly, or through our own network of investors.
Auction
Through an accredited platform, under your own name.
Sell to the industry
Blenders and independent bottlers buy maturing stock.
Buy-back by SWI
In exceptional cases we may buy the cask: a possibility, not an obligation.
Bottle under our label
Turn the cask into finished bottles carrying our label.
Bottle independently
Or through an independent bottler of your choosing.
Move into asset management
Roll the cask into a managed portfolio and keep going.
Pass it on
Transfer or gift the cask, or leave it to the next generation.
Fully informed, before anything is signed
A single cask is a concentrated position in an illiquid market. These are the points we always discuss.
Risk class 6 of 7
The AFM assigns investing in whisky risk class 6 of 7.
Value can fall
Including below the purchase price. No return is guaranteed, and projections rest on historical data and assumptions.
Illiquid asset
Selling can take time and depends on finding a buyer at an acceptable price.
Long horizon
Value and return depend heavily on the term. Whisky suits investors who can wait.
A natural product
Character can develop the wrong way and volume is lost to evaporation. We manage and store daily, but cannot guarantee the final quality.
Leakage
Rarely, a cask leaks through damage or wear. We inspect regularly and act immediately when something is found.
We advise investing only freely investable capital, with a horizon beyond ten years, and no more than 10% of that capital in whisky. This page is general information, not financial advice.
Considering your own casks? Discuss the costs and storage with an adviser, or read the whitepaper first.
Continue with investment options
The other ways to hold Scotch whisky, and how the process works in practice.
Want to know whether Cask of Generations suits you?
Speak with Sidney Shoshan about owning your own casks, the costs and storage.
