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Caroni 1998 Velier 17 Year Old 110 Proof

Lot: 008287
Caroni 1998 Velier 17 Year Old 110 Proof
Caroni 1998 Velier 17 Year Old 110 Proof
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Winning Bid: £180.00

Caroni 1998 Velier 17 Year Old 110 Proof

Distillery:
Caroni
Age:
17 year old
Vintage:
1998
Region:
Trinidad
Bottler:
Velier
Cask Type:
N/A
Bottle Strength:
110 us proof / 55%
Bottle Size:
70cl
Distillery Status:
Closed
Production method:
n/a
Base:
trinidad molasses

Caroni 1998 Velier 15 Year Old 110 Proof

The Caroni distillery is said to have been established in 1918, however there are several historical references that suggest distilling was happening there earlier in the 20th century. It became part of the Tate & Lyle firm in 1936, who used it as a base for expanding their eventually considerable sugar operations in Trinidad. Caroni was a key ingredient of the British Navy rations, where its famous high-ester 'Heavy' rums helped to make up the signature flavour. Sadly, with the decline of the Trinidadian sugar industry, Tate & Lyle sold a 51% controlling stake to the government in 1970, before it became fully nationalised in 1975. Despite being self-sufficient in molasses, the newly established Caroni (1975) Ltd continued to lose money for the next 25 years until the government tried to minimise its ownership, selling off 49% of its share, just enough to retain control. Angostura were the preferred bidders, but a dispute over the value of Caroni’s warehoused stock scuppered the deal, and Caroni was closed for good in 2003.

As it transpired, Angostura still acquired the majority of the circa 18,000 warehoused Caroni barrels, but perhaps the most important share went to Italian distributors, Velier. In 2004, their inimitable CEO, Luca Gargano, travelled to Trinidad for a photo shoot and happened upon the boarded-up distillery, brokering a deal for some of its stock in 2005. He released eight Caroni bottlings that year, alongside his first cask strength collaborations with Demerara Distillers Ltd, which includes the hugely important Skeldon bottlings. This was a landmark year that not only changed the landscape of rum but was the genesis for the legendary status that Caroni rum now holds amongst collectors and connoisseurs alike.

This is a slight larger batch release than the other Velier Caroni, bottled in 2015 from casks laid down in 1998. The label is a recreation of the original 1940s Caroni bottles.

Currency Estimate

Important: Currency exchange rates are constantly changing; this feature is to be used as a guide price only. All final transactions occur in British Pounds (£).
Important Notice

We would recommend viewing/close inspection prior to placing any bids. If this is not an option and you have questions beyond the offered description and images, please contact us for a more in-depth condition report. Otherwise lots will be sold as seen in the images.

Please note: Due to the various ages of bottles and their seals, condition of liquid is at the buyer's discretion and no claim can be lodged against failure/leakage in transit.

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