Column: Kentucky s Wilderness Trail Experimenting With Barrel Insides And Outsides thewhiskeywash.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thewhiskeywash.com Daily Mail and Mail on Sunday newspapers.
We review Mic.Drop. L20-01, a rye whiskey (mash bill 56% rye, 33% corn, 11% barley malt) distilled at the Wilderness Trail distillery for a private brand and aged for four years.
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When markets are shaky, investors typically pour capital into “safe havens” asset classes that typically hold up during turbulent times. These are the usual suspects gold, treasury bills, reserve currencies tried and tested with long track records and plenty of data to spill over. This exclusive club of go-to assets rarely admits new members, but could that be about to change? An unlikely contender awaits in the wings whiskey.
Last year’s Knight Frank Luxury Investment Index estimated that rare whiskey has seen its asset value grow by a staggering 564 percent over the last 10 years. Fine wine, watches and vintage cars were beat by comfortable margins. 2019 saw a new record set for the most paid at auction for a bottle of the good stuff; a 60-year-old Macallan from 1926 fetched just north of $1.8 million at Sotheby’s in London. With Macallan on the verge of releasing an ultra-small batch of bottles of 71-,74- and 78-year-ol
Kentucky’s Most Mysterious Bourbon Producer Steps Out of the Shadows [EXCLUSIVE]
IJW has been quietly laying down barrels of bourbon and other whiskey for the last few years without disclosing any of its plans. Now with over 100,000 barrels in its Danville, Kentucky warehouses, the company is finally opening up.
When new distilleries launch, there’s plenty of fanfare and celebration. After all, it means more whisky is on the way, giving whisky lovers something to anticipate and allowing the distillery to spread the word far in advance of its first releases. But one Kentucky producer has taken the opposite approach, quietly laying down tens of thousands of barrels of bourbon, rye, and wheat whiskey without so much as a peep beyond the required public paperwork and without its own distillery.
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Bourbon, by U.S. law, must be aged in new oak barrels. The maturation is also how whiskey increases in value. Agence France-Presse/Getty Images
The fund managers at Wave Financial Group considered different options when they were looking for an investment they could turn into a digital asset. Fine art, wine, and racehorses all lost out to America’s humble native spirit: Kentucky whiskey $2.5 million worth of it.
The group’s Kentucky Whiskey 2020 Digital Fund purchased 2,500 barrels of new whiskey in 2020, betting that the barrels will increase in value by three to five times in the course of the five years they spend stored in a warehouse in Kentucky. The group initially had a higher target of 25,000 barrels.