In this article, we are going to discuss the 5 best rums under $40. If you want to check out our detailed analysis of the global rum market, the premiumization in the rum category, and the recent acquisitions in the rum industry, head to 15 Best Rums Under $40.
5. R. L. Seale’s 10 Year Old Rum
Insider Monkey Score: 7
Price: $39.99
Distilled and blended at the Foursquare Distillery in Barbados, this is an excellent rum aged for a minimum of ten years in oak barrels. This terrific flagship rum is bottled by Richard Seale, arguably the greatest rum maker in the world and now proprietor of Foursquare.
4. Santa Teresa 1796 Rum
Insider Monkey Score: 7
Price: $39.97
Santa Teresa 1796 is a bold rum produced in Venezuela and aged using the solera system that blends rums aged between 4 and 35 years.
With a presence in over 40 countries, Santa Teresa is a Venezuelan, family-owned rum distillery built on over 200 years of tradition, refining, and improving the techniques of rum making.
3. Diplomático Reserva Exclusiva Rum
Insider Monkey Score: 10
Price: $39.99
Marrying a unique body with excellent balance, this multi-award winning, refined, and elegant blend of exclusive rums is a true reference for fine spirits lovers throughout the world.
Hailing from Venezuela, the super premium Diplomático rum brand was awarded Wine Enthusiast’s prestigious ‘Spirit Brand of the Year’ accolade in 2018 – the first-ever rum to win in this category. Distributed in over 100 countries around the globe, Diplomático Rum consists of three ranges of complex rums, including the Traditional Range, Prestige Range, and the Distillery Collection.
2. Mount Gay Black Barrel Rum
Insider Monkey Score: 11
Price: $39
Crafted from a blend of intense and aromatic rums, this rich, complex, yet smooth expression is aged in American whiskey casks for an unspecified amount of time and then finished for six months in deeply charred Bourbon casks.
Mount Gay Rum, the oldest, most storied rum in the world, has been produced in Barbados with passion and unparalleled craftsmanship since 1703, thus earning it the title ‘the rum that invented rum’.
In 1989, the French spirits company Rémy-Cointreau acquired the majority ownership in Mount Gay Distilleries, Ltd, and still owns the brand to this day. The alcohol giant has invested heavily in Mount Gay over the last decade, including a $19 million refinery in 2014 and a $9.7 million plantation the following year.
1. El Dorado 12 Year Old Rum
Insider Monkey Score: 13
Price: $39
A blend of several barrels aged for a minimum of 12 years, the El Dorado 12 possesses a rich fruity bouquet of explosive flavors, owing largely to the estery richness acquired from the EHP Wooden Coffey and Metal Coffey Stills.
Created on the banks of Demerara, the smooth and uniquely complex El Dorado aged rums represent over 300 years of Caribbean rum crafting. Run by Demerara distillers, the El Dorado brand has shown significant growth in recent years and is now an internationally recognised producer of award-winning rums with a range of 20 different varieties.
The El Dorado 12 is the Number 1 Rum in the World Under $40 in our list.
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