Both new fillings and matured
whisky are sometimes purchased as a form of
speculation with the intention of reselling them at a
profit. It should be emphasised that only an extremely
small proportion of the total amount of whisky
distilled in Scotland is bought and sold in this way.
All the principal blending companies finance their own
stocks of whisky and buy mature whisky only when they
happen to find themselves short of a particular type or
make. There is no organised 'Whisky Exchange' as exists
for other commodities, nor is there any officially
recognised list of buying and selling prices for whisky of
different types and ages. This type of business is highly
speculative and The Scotch Whisky Association does not, as
a matter of policy, offer any advice on the purchase or
sale of whisky as an investment.
© SWA 1995