Once casQueteers.com has purchased a whisky cask, it will be splitted into a number of shares which are then offered to the members via the casQ shop so they can participate in the cask on a first come first serve basis.
So e.g. when a cask is split in 25 shares and you buy a single share of that cask – then you’ve in principle bought yourself a 100/25 = 4% share of that cask. So – it’s an investment.
That said, when a cask is put into the casQ shop you’ll see the estimated yield of bottles per share mentioned. This is for a clearer understanding on what you can roughly expect in terms of a bottle yield and because whisky only gets bottled in standard size bottles (e.g. 700 / 500 / 375 ml*).
As mentioned, this is an estimate which means that the actual yield of bottles per share can be different at the time of bottling / delivery to casQueteers.com due to:
- a greedy bunch of angels who took a bigger share
- a leakage in the cask
- a (way) longer maturation time, as result of the outcome of the cask sample tastings, than originally projected
- damaged bottles during transportation
- etc
So the actual yield will also be -roughly- the percentage of the cask. Let’s explain this with an example with different scenarios:
- a cask is split into 25 shares
- let’s say 23 are sold to participating casQueteers and 2 are owned by the casQueteers.com organisation
- the estimated yield per share is 6 bottles (=4,00%)
- with an actual yield of let’s say 148 bottles (so -2 vs the estimated 150 in total)
- the 23 participants get their full estimated 6 bottles per share (=4,05%)
- leaving only 5 bottles (=3,38%) per share for the casQueteers.com organisation
- with an actual yield of 150 bottles
- then everyone gets the estimated yield of 6 bottles per share (=4,00%)
- with an actual yield of let’s say 151 bottles (so +1 vs the estimated 150 in total)
- then everyone gets the estimated yield of 6 bottles per share (=3,97%)
- the remaining 1 bottle (=0,67%) will be used by the casQueteers.com organisation at festivals
- with an actual yield of let’s say 162,5 bottles (so +12,5 vs the estimated 150 in total)
- then everyone gets 6,5 bottles (=4,00%)
*) also depending on the bottler.