1997 Caperdonich – from a closed distillery to Cask Trade

1997 Caperdonich – from a closed distillery to Cask Trade

At Cask Trade, we are fortunate to have a few of these rare casks that are very difficult to come by as single cask! They include ex-bourbon barrels filled with whisky distilled in January 1997 and Hogsheads containing Caperdonich from November 1997.

James Grant founded the Caperdonich distillery in 1897 by and built it across the road from Glen Grant distillery. He originally named it ‘Glen Grant Number 2’ as the distillery was built to increase the Grants capacity to match an increased demand from the market. It was, therefore, built as a replica of Glen Grant, including identical stills, water source and barley.

Fun Fact

Interestingly, a pipe was fitted between the two distilleries as they were both, in essence, producing the same spirit. That way, new make spirit from Caperdonich could be sent across the street to be put in casks at Glen Grant. Stories tell of locals trying to access the “whisky pipe” in the dead of night. At the start of the 20th century, there was a crash in the whisky industry, known as the Pattison Crisis. This event resulted in Glen Grant Number 2 closing in 1902.

whisky samples

Becoming Caperdonich

Glen Grant Number 2 lay dormant until 1965 when the distillery was revitalised by The Glenlivet and Glen Grant. The distillery had to be legally renamed in 1967, as laws had changed since 1902 that forbade distilleries from sharing a name. That is how Caperdonich, meaning secret well, was born and the distillery started producing whisky again.

Since then, Caperdonich’s spirit character had mysteriously changed and was no longer a replica of Glen Grants. It was mostly destined for the blending market, with the majority heading into Chivas Regal and Passport blends. Most of the Caperdonich produced was drunk young as a component in blended whisky. As a result, There is very little Caperdonich left, in casks, aging as a single malt. Pernod Richard purchased Caperdonich in 2000 and closed the distillery for a second time in 2002. The buildings were unfortunately demolished in 2011.

Caperdonich produced an elegant and floral whisky. Similar to Glen Grant but with less of its signature green apple character and more spice and plenty of fruit. Caperdonich’s distinctive and delicious whisky style, combined with its rarity, has resulted in a significant increase in demand since the distillery stopped producing new whisky in 2002. The demand and reputation of Caperdonich is reflected in the prices of recent single cask bottle prices. – Most coming in at £200-£500 a bottle for Caperdonich aged 20-24 years old.

Interested in having a closer look? Get in touch with us and let’s talk whisky!

Cheers,

Conor Strang

Rare find – Macduff single malt, single cask!

Rare find – Macduff single malt, single cask!

What a rare find we’ve got for you!

Following our 2009 Macduff casks are two hogsheads from 2007. Macduff produces some of the sweetest and most honeyed spirit in all of the Highlands. It’s the main component in Dewar’s, not only the best-selling blend in the USA but the most awarded blended whisky in the world!

It is very rare to find Macduff as a single malt, let alone a single cask. It’s a superb alternative to whiskies such as Glen Moray and Fettercairn, and at an excellent price of 10-year-old whisky (equivalent to £15 a bottle!) a perfect cask to start your journey into cask ownership.

Contact us to view the offer, our latest stock list and the prices. 

macduff

Is whisky the new safe haven for investors?

Is whisky the new safe haven for investors?

Global markets have suffered huge losses and as the COVID-19 epidemic continues, assets across the investment spectrum have depreciated ahead of what is likely to be a global recession.

In these uncertain times, investors are looking for a safe haven. Cask Trade has recorded its best month ever in March. We have had a big uptake in interest from Asia, in particular Hong Kong and Singapore.

A word from the managing director

Simon Aron says casks of whisky are fast becoming the investment choice for people looking for an alternative that is less uncertain. “Whisky is one of the only assets that appreciates the older it gets. It is still completely detached to financial markets, which makes it a safe haven for investors.”

“Asia has really woken up to whisky. Especially since the economy in Hong Kong, Singapore and China gets back to some sense of normality,” says Simon. “Our new Asian customers are very enterprising. They have a love of whisky so they keep some, bottle some of the casks they are buying and generally trade others. They enjoy our keener prices and transparent way of business, as well as our excellent stock which I believe is the best in the world.” – Feel free to message us if you would like to gain access to our latest stock list.

cask whisky

Whisky on the rise

In the last 10 years, whisky has far outstripped the more established alternative assets such as art, cars, wines, watches and jewellery and is now one of the most coveted objects of desire. In 2019, whisky was one of the top performing luxury investments.

Results of The Knight Frank Wealth Report’s new unique luxury investment index reveals whisky was one of the most coveted objects of desire.

The report says Rare Whisky has grown in value the most over the last 10 years at +564% and increased by +5% in the past 12 months; and states casks remained in huge demand. By comparison cars have seen an increase of 194%, art by 141% and wine by 120%.

“I have received calls from hedge fund managers in New York looking for financial modelling on large portfolios of cask whisky.” Says Simon, and adds: “Through any economic downturn alcohol sales remain constant and even go up.

Are you in it for the £££? Well, let’s talk numbers! Either was, surely, there is something in our extensive stock that will catch your eye. Whether you are a first-time buyer or a seasoned investor, we are happy to answer all of your questions.

Cask Trade Team

Cask Whisky