WHO OWNS THE SHARES?

 

O’Connell Whiskey Merchants continue to be the legal owners and custodians of all listed casks contents residing in bonded warehousing. All source distilleries mentioned are third parties unrelated to O’Connell Whiskey Merchants that sell, supply and/or provide Producer products. Final sale to you by O’Connell Whiskey Merchants Ltd will occur at the time of bottling when duty will be paid and the whiskey is removed from duty-suspended warehousing. 

 

IS THE WHISKEY INSURED?

All stocks are insured by O’Connell Whiskey Merchants Ltd and stored in bonded warehouses where the duty element is insured by the bonded warehouse operator.

 

WHAT RECORDS ARE KEPT OF MY CASK ALLOCATIONS?

The “My Account” area of our shop records all sales and reservations that you have made. This lists unique cask numbers in the description on the invoice also. Your certificate will have all additional information like distillery, year and month of filling and other important details. We will keep all information on our own cask records linked to each cask also.

 

WHO OWNS THE PHYSICAL CASK?

O’Connell Whiskey Merchants retain full ownership of the remainder of the cask contents and the cask itself.

 

WHAT ABOUT THE ANGELS SHARE?

We only sell a limited amount of bottles from each cask so angels share will not affect your share. 

 

WHEN AND HOW IS DUTY AND OTHER TAXES PAID?

Duty and VAT are charged at the prevailing rate at the time of bottling and you will be charged as appropriate at that time and O’Connell Whiskey Merchants will contact you in advance of that date to arrange for the final payment.

 

WHERE ARE THE CASKS STORED?

Casks are stored at the multiple bonded warehousing locations. Details are listed under product details.

 

WHERE IS THE CASK BOTTLED?

Bottling of casks will occur at the cask owner’s facilities and/or O’Connell Whiskey Merchants preferred bottling partners.

 

HOW WILL THE BOTTLES BE LABELLED?

Labels will be designed by O’Connell Whiskey Merchants and are to be specific to the Caskshare program.

 

ARE THERE ANY OTHER COSTS?

To keep things simple we list a single price for each bottle reserved. This includes the whiskey, storage costs, insurance, bottling, labelling and sales VAT at today’s rate. Excise Duty and Shipping are additional charges. These will be arranged once your whiskey has been bottled.