Should You Invest in Rum?
The market for old rum in Britain has been having a… well, a rum old time. Sales of all types of rum passed £1bn last summer for the previous 12 months – a 51% increase on 2019, according to market watchers CGA by NielsenIQ. Younger drinkers in particular have acquired a taste for the spirit and […]
In Good Spirits: the Renaissance of Rum
When it comes to the finer things in life, we are often told that the good things come to those who wait. Certainly with fine wines, champagne and Scotch, it’s customary to assume that the older the bottle, the better the quality – and therefore the higher the price. However, there is another spirit that […]
Liquid Investment: How a New Breed of Rum is Biting at the Heels of Whisky
The rise of rum has been predicted for some time. The staggering rise in the fortunes of the whisk(e)y industry – I’ll omit the “e” from now on for aesthetic purposes – over the last couple of decades means many enthusiasts and would-be collectors are now being priced out of that market, and rum is the obvious […]
Is Rum Ready to Take Off at Auction?
After years of being labelled as the next big thing it looks like rum is finally having a moment, with consumers increasingly on the hunt for rare bottlings, and auction prices heading skywards. Rum has been touted as the next big category to watch on the secondary market, rivalling the likes of Scotch and Cognac […]
Could Rum Become as Collectable as Whisky?
Rum isn’t a spirit that likes to be rushed, but it has experienced rapid change in the past decade – it is now made in more than 50 countries from Cuba and Japan to Guatemala and Scotland, in multiple different ways. It is evolving outwards and it’s heading upwards, too – the “premium and above” […]
Jamaican Rum is the New Liquor of Choice for High-end Collectors and Investors
Aged spirits come at quite a premium these days. High-end cognac and Scotch can command more than four figures per bottle, and American whiskey isn’t far behind. Michter’s Distillery recently released a blend of bourbon and rye originally priced at US$6,000, and it’s already selling for three times that. Until now, fans of top-shelf rum […]
Scottish Rum Distiller Launches Private Cask Ownership
Inspired by similar schemes offering Scotch whisky, a limited number of casks are available for an initial investment of £3,300 each. The result will be circa 350 bottles of three year-old rum per ex-Bourbon cask, produced using a 2,000-litre copper pot still by head distiller Paul Rutasikwa. Matugga was one of the first UK businesses […]
ENG – New trends: the rum as an investment
The exclusivity of owning the rarest rums in the world and the charm of owning bottles of gone ages, are satisfactions that only very few can afford. But there are many people who have been able to draw incredible profits from this passion.According to investment performance rankings over the past 10 years, it has been more […]