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Caroni 18 years 1992 Velier Stock of 33 Casks 16236 bottles - bottled 2010

55%

0.7L

Intensity

Quantity: 1 bottleObservation: 1 NormalLevel: 1 Slightly lowOrigin: private individualRecoverable VAT: noRegion: Trinidad and TobagoAppellation: Caroni
More information....
Checked, appraised and certified by iDealwine

Lot presentation

Caroni 18 years 1992 Velier Stock of 33 Casks 16236 bottles - bottled 2010

The wine

A Caroni 18 year old distilled in 1992 and bottled at cask strength in 2010. Caroni produced various styles of rum for its clients, including what is in this case a heavy rum. It was blended from 14 casks and produced 6,253 bottles. Velier was founded in Genoa by Casimir Chaix in 1947. It was originally a small, family-run business specializing in the import and distribution of wine and spirits. Luca Gargano, a former representative for Saint James and serious rum collector and enthusiast, bought the business in 1986 and began bottling whisky first in 1992 and then rum in 1996. It was in 1996 that Gargano bottled his first Demerara rums. In 2004, Gargano was invited to Guyana to select casks by his friend Yesu Persaud, then the CEO of Demerara Distillers Limited (DDL). This partnership ended in 2015 when Persaud retired, but the rums bottled in the meantime became legendary. The same can be said for the Caroni casks he bought in 2005, two years after the distillery closed, following a visit to Trinidad with Fredi Marcarini the previous year to take photos. These two lines of bottlings built the renown of Velier, today also known for its work in other parts of the Caribbean, such as Barbados, Jamaica, Haiti and Marie-Galante. Rums selected by Velier are only ever aged in a tropical climate, which explains both their concentration and the high angel’’s share. They are generally bottled at cask strength or just below. Finally, Gargano has, for several years, fought for stricter classification of rum, even proposing his own model, which has since been adopted by several of Velier’’s partners.

About the Producer Caroni

The Caribbean, Trinidad. Distillery closed, site dismantled.

In 1975, under pressure from across the country, the government of Trinidad nationalized a number of companies, including Tate & Lyle, the English giant of sugar production and owner of Caroni Ltd since 1937. The very competitive economic context, however, led to the closure of the island's sugar refineries and the collapse of the molasses production required for the production of rum. In 2001, the government sold its shares in Rum Distillers Ltd (Caroni) to Angostura and closed the distillery in 2002. Caroni Ltd would be definitively liquidated on 31 July 2003. In October 2004, Luca Gargano, the CEO of the Italian spirit distributor Velier and a passionate rum enthusiast and photographer, visited Trinidad to carry out research for a future report. There he found the site abandoned and, within its cellars, a huge stock of barrels, some distilled in 1974. The story of Caroni began in 2005 and the distillery immediately became the subject of lore.

Detailed characteristics

Quantity: 1 bottle

Level: 1 Slightly lowObservation: 1 Normal

Origin: private individual

Type of cellar: underground, natural cellar

Recoverable VAT: no

Original wooden case / Original case: yes

French customs seal: yes

Alcohol percentage: 55 %

Region: Trinity and Tobago - Trinidad and Tobago

Appellation: Caroni

Colour: amber

Viticulture: conventional More information....

Intensity: classic

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iDealwine Price Estimate

Caroni 18 years 1992 Velier Stock of 33 Casks 16236 bottles - bottled 2010

The iDealwine Price Estimate(1) is based on auction results, using the hammer price of lots including the buyer's premium for the sale.
(1)Bottle format
Current auction price estimate(1)
Caroni 18 years 1992 Velier Stock of 33 Casks 16236 bottles - bottled 2010
2,183
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