14/06/2018
“Cask Fractions, investments for everyone”
Platinum Cask is offering a unique investment opportunity. We are pioneering a concept we call “Cask Fractions”. This is an opportunity for everyone to invest with an affordable outlay. We hope to attract a high volume of low investment.
A Cask Fraction is a percentage of the contents of a cask. Due to the fact that as a cask ages, and its volume of spirit decreases (the angels share), the simplest way to break it down is into fractions. Each cask is broken down into a different number of fractions depending on its value to get a conformed GBP 20.00 starting value for each fraction. Simply, the more valuable the cask the more fractions will be available.
How it works!
Firstly please sign up to a membership. Depending on the level of membership you choose, you will see a range of options to choose from. Then if fractions of that particular cask are available, click on buy and complete the payment with PayPal or by credit card. We do not charge a commission or any management fees for maintaining the stock; this is a hassle free investment. We do take 20% of the profit from any sale of fraction whether it’s traded on our platform or we sell the cask at auction.
Example:
Buy 1 fraction for GBP 20.00.
Sell 1 fraction for GBP 30.00
Profit GBP 10.00. 20% (GBP 2.00) deducted from the profit.
Receive GBP 28.00.
When and how will you get your money back?
Different casks will be set with different sale dates depending on their age and the details we receive when re-gauging the cask. If the ABV% drops too low we will sell the cask. If a whisky cask goes below ABV 40% it will no longer be known as a whisky. Once a sale has gone through you will receive your money back through PayPal or as a refund to your credit card. If you are from the UK, then bank transfer will be an option.
Can I withdraw my fraction as Whisky?
Yes, you can. We have set the withdrawal of Whisky high and impractical, as this is not how you will maximise the return on your investment. If you were thinking of doing this, please read our terms and conditions on withdrawal before purchasing. If you just want to drink some nice whisky, we would suggest buying a bottle off the shelf.
Why Buy Fractions?
A lot of casks are out of an individual’s comfort level for investing.
A lot of the time mates chip in and buy a cask or an investment. With cask fractions, you can invest even if you don’t have any mates.
The appreciation as a percentage is the same on a fraction as it would be on an entire cask but at an affordable price.
It makes a unique present to buy for friends and family as a gift.
You own the percentage of liquid in the cask you are buying, so worst-case scenario you can drink it.
In excess of 20% PA is possible on a small outlay of funds.
You are able to trade your fraction.
Cask Fractions are a stepping-stone to larger investments.
Our concept cask is a February 2009 Dalmore cask aged 8 years. We have broken it down into 200 fractions, each fraction valued at GBP 20.00. This gives the cask a value of GBP 4,000.00. Anyone with any whisky knowledge will know that a Dalmore cask of this age is worth considerably more. I am hoping this low valuation will encourage trading.
Due to the very limited number of casks that have become available for public purchasing. Before 2017 we barely saw any make it into the public eye.
One of the best places to find casks online to purchase is whisky-onlineauctions. In 2017 a 1995 Macallan, cask #7739, was sold for GBP 52,100.00. This was followed closely by a 1990 Macallan, cask # 4048, selling for GBP 135,100.00 and then a 1996 Macallan, cask # 15538, selling for GBP 168,300.00. This was topped in 2018 by a 1989 Macallan, cask # 1248, selling for a whopping GBP 242,200.00.
These are large numbers and similar jumps in value are possible with casks from other brands such as Bruichladdich, Ben Nevis, Dalmore, Jura, and many more. The appreciation of aged whisky is something that has gone unnoticed due to the lack of information around the asset.
If you’ve ever wanted to invest in a whisky cask but have been put off by the high initial expense, our cask fraction scheme allows you to own the whisky you want at a price you can afford. Not only does our system make cask ownership more affordable but it presents you with a greater variety of w...