Whisky auctions are highly popular events with many different parties involved. Nowadays, there are huge numbers of live whisky auctions taking place all over the world. At Auction Your Cask, we hold regular whisky auctions, which give interested buyers and sellers the opportunity to meet and trade high-quality whisky casks on a trusted platform.

In this post, the team at Auction Your Cask offers a few great tips for anyone thinking about getting involved in online whisky auctions. To learn more, have a read of the blog below. 

Do Your Own Research

One of the most important tips we can give you is to do your own extensive research when you’re considering buying a whisky cask. Doing some value research will give you a good idea about what you should be buying, and it will help make your decision easier. Many platforms have old lots on display, so you’ll be able to use these to get an idea about pricing and what similar bottles are being priced at. 

Have a Maximum Budget in Mind

Live auctions are constantly moving events, and it’s really easy to get swept away with everything going on. But it is imperative that you have a maximum budget for everything when you’re involved in an auction. During an online whisky auction, someone might outbid you and you might find yourself suddenly partaking in a bidding war. However, you don’t want to go hundreds of pounds over your budget, so it’s vital that you remember the maximum you can put down and always have this in mind. 

Remember About Fees, Storage and Insurance

Furthermore, it’s important that you’re fully aware of each of these aspects to UK whisky auctions at Auction Your Cask. You need to consider that if you’re a new owner of a whisky cask, then you’ll have to pay for storage and insurance, as well as transport too - if required. This needs to be remembered by all buyers. 

Online Whisky Auctions in the UK

Here at Auction Your Cask, we hold live whisky auctions online for a global audience to take part in. If you are a buyer or seller of whisky casks, then we’re the place for you to come to. We help private owners to sell their whisky casks to independent bottlers and interested individuals all over the world. Our auctions are safe, transparent and trustworthy - sellers are validated, proof of ownership is confirmed, and history of the cask is ensured. 

Buyers can safely and confidently buy whisky casks with ease. If you have any questions or would like to chat with a member of our team about our whisky auctions, then please contact us today. You can call us on +44 (0)203 746 3030 or email us at info@auctionyourcask.com and we’ll get back to you shortly. In the meantime, visit the Auction Your Cask website to find out more about our upcoming live auctions.