Tag Archive for 'Rum'

Crying over Caroni’s evaporated aged rums

By Raffique Shah
August 02, 2018

Raffique ShahSometimes when you live long enough, you get around to enjoying the proverbial “last laugh”, or, in this case, the “last cry”, depending on your perspective.

On Republic Day 2000, I wrote a story in the now-defunct Independent newspaper telling of a report compiled by a professional “alcohol valuator”, American Robert Fuchs, that assessed the value of the aged rum stocks that Caroni Ltd held at its bonds on the compound of the distillery at Caroni Village.

Fuchs told Caroni that its 18,000-plus casks of rum of varying vintages, if converted into premium aged rums on a phased basis, could gross between TT $1 billion and $6 billion, depending on “intent of product”.
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