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A chairde,A chairde,
As promised, we will be releasing 75 x 1% shares in our Boann Vintage Mashbill cask tonight at 7pm, 29th May 2022.
We chose the Allman's Distillery in Bandon, Pot Still mashbill, which was no.9 out of the 10 choices in the vintage mashbill tasting pack, which Boann sold at the time they were releasing the casks for sale. We then laid the cask down in a sherry hogshead cask, which Allman's were famous for maturing their pot still whiskey in.
Please note that purchasing a caskshare in our cask program is a longterm investment. The cask will only be bottled when the cask committee deem it ready for bottling. This could be anything up to and beyond 15yrs. In that time, to retain your caskshares, you must remain a member of the society and pay your annual subscription, due every 12 months from the date you first joined. At the time of bottling, you will also be liable for revenue and bottling costs.
HOW DOES IT WORK?
Initial Cost – The initial cost will be €50.00 for a 1% Share. 1% equates to 2 liters (1%) of the original new-make spirit volume of 200 L. As the whiskey matures, the Angels will of course take their share and evaporation will decrease the volume over time.
Evaporation – The Excise authorities suggest 2% per year + a further 6% as average evaporation losses.
Duty - The Office of the Revenue Commissioner currently list the rate of duty on spirits as €42.57 per liter of pure alcohol. The assessment is based on the abv strength of the whiskey – please note we will bottle at cask strength. You will be liable for your share of these costs at maturation.
Bottling & Packaging – We have estimated costs for both. We will most likely offer an option on packaging. Collectors will want packaging (e.g. cases) while drinkers will only require the bottle itself. You will be liable for your share of bottling and packaging costs.
What happens part filled bottles – For example if you end up with 2.5 bottles we will endevour to give you the option of purchasing whiskey to complete a full bottle or we may have no choice but to buy back the excess half liter volume. The price for part volumes will be determined by the Committee of Cork Whiskey Society. The decision of the Committee will be final on all bottling matters.
We will issue you with all of the cask information and estimated future bottling costs in detail after the cask share offering closes - up to a week after purchasing your share
Our caskshare program is an exciting collection of distillates and casks that you will never be able to buy on a shelf and the cask committee works hard in the background to bring these unicorns to you. Your support and opinions are always welcome.
As promised, we will be releasing 75 x 1% shares in our Boann Vintage Mashbill cask tomorrow night at 7pm, 29th May 2022.
The cost for a 1% cask share will be €50 + PayPal fee. It will be on a first come, first served basis. It will be released as an event on the website, the same as when you register for a tasting event.
The finer details of this cask can be found in the email sent out to announce our purchase. We chose the Allman's Distillery in Bandon, Pot Still mashbill, which was no.9 out of the 10 choices in the vintage mashbill tasting pack, which Boann sold at the time they were releasing the casks for sale. We then laid the cask down in a sherry hogshead cask, which Allman's were famous for maturing their pot still whiskey i
Please note that purchasing a caskshare in our cask program is a longterm investment. The cask will only be bottled when the cask committee deem it ready for bottling. This could be anything up to and beyond 15yrs. In that time, to retain your caskshares, you must remain a member of the society and pay your annual subscription, due every 12 months from the date you first joined. At the time of bottling, you
Our caskshare program is an exciting collection of distillates and casks that you will never be able to buy on a shelf and the cask committee works hard in the background to bring these unicorns to you. Your support and opinions are always welc
In the coming days, the 'Member's Benefits' tab on the website will become active. This will only be visible to active members once they log in. This will contain discount codes and offers, exclusive to the membership of the Cork Whiskey Society. An honesty policy will be in place not to give these codes to anyone outside of the society and delivery addresses will be monitored to ensure that the distilleries, brands and businesses retain the confidence in continuing to offer these discounts to CWS members. This will be announced by email before the page goes live.
Thanks to everyone who has contacted us by email about entering the ballot for the upcoming Redbreast DreamCask release. Fingers crossed, we can put 4 of these beauties away for a f
Laurie
Secretary Cork Whiskey So
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