In the corner of a dank stone barn a lone figure is hunched over a smouldering peat fire tending carefully to the embers as a copper cauldron balances precariously on top. Bubbling within is a beer made with whatever grain was left unsold from a poor harvest. Precious clear liquid drips out of a homemade spout bolted to the top of the cauldron, collecting into a barrel placed underneath. This is the farmers last hope to make rent and keep the Farm solvent over the cold winter. The spirit made would now be known as poitín and is the origins of Irish whiskey. This tradition of mixed mash distillation (a term for distilling lots of different grains together) continues into modern day Irish whiskey, although the Pot Stills are a lot larger, and more professionally constructed, and usually heated with steam now instead of direct fire. This style of whiskey is known as Single Pot Still and is one of the most interesting and highest quality whiskeys in the world. Now in modern times Single Pot Still is a lot more barley forward, so the taste profile is more in line with a quality Single Malt, but it contains malted and unmalted barley as well as allowing for a small percentage of other grain to be used. This gives Single Pot Still whiskey a unique flavour and texture. The texture of Irish Pot Still is thicker and creamier than a typical Single Malt. The flavour of Irish Single Pot Still is also analogous to a Single Malt but has a richer spice to it, as well as an added complexity from other grains when they are present. Irish Single Pot Still whiskey works very well with a number of cask types, some accentuate its creaminess, and others work well with the spice to lend greater depth of flavour. Irish Single Pot Still whiskey has a further advantage on the international stage, aside from its great taste, it has a Geographical Indication from the EU that is recognised and protected internationally, which is important in defending and promoting its uniqueness, especially in the key markets of America and China.
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Disclaimer
Important Information
Caskcap is a trading style of Caskcap Ltd (Company Number: 13327177).
Unregulated Status
Caskcap Ltd is not authorised or regulated by the Financial Conduct Authority (FCA). Cask whiskey investments are unregulated in the UK, meaning they do not benefit from the protections offered by the FCA, the Financial Ombudsman Service (FOS), or the Financial Services Compensation Scheme (FSCS).
No Financial or Tax Advice
We are not financial advisers or tax specialists. The information provided on our website and in our materials is for general information only and should not be considered financial, tax, or investment advice. We strongly recommend that you seek independent advice from a qualified financial adviser or tax specialist before making any investment decisions.
Investment Risks
- Price Fluctuation: The value of cask whiskey can rise or fall. Market performance is not guaranteed, and investors should be aware of the speculative nature of this asset class.
- Past Performance: Past performance is not an indicator of future results. Any projections or estimates provided are illustrative only and may not be achieved.
- Evaporation ("Angel’s Share"): Whiskey stored in casks naturally evaporates over time. An average annual loss of 2% in volume and alcoholic strength is expected under normal warehouse conditions.
- Costs & Fees: Additional costs may apply, including but not limited to warehouse storage, insurance, regauging, sampling, and bottling fees. Please speak to us for further details.
- Tax Considerations: If you choose to bottle your whiskey, duty and VAT will be payable before the whiskey is removed from an HMRC-licensed warehouse. It is the cask owner's responsibility to ensure compliance with tax obligations.
Cask Management
- Regular cask health checks are recommended every three years to monitor liquid levels and condition. Services such as regauging, sampling, and photography are available at an additional cost.
For any questions regarding the cask buying process or any of the points above, please contact us.
