• Chris Jenkins - Source: www.artsandcollections.com

Deciding Which Bottles to Buy: Wine Investment


While investment in stocks, shares and bonds remains an uncertain option, alternative investments, such as art, cars, coins and stamps, have become increasingly attractive. The rate of return can be spectacular, and this is true nowhere more than in the world of wine bottles. Between 2012 and 2017, for instance, the Petit Mouton 2011 vintage appreciated from £690 per case to £1,831, an increase of 165 percent.

Wine is now being treated as an attractive investment - in fact Bloomberg says it "can yield tremendous profits".

1945 Romanee-Conti Burgundy among best-selling bottles of wine.

Beware of Corkage

Valued at around £2.5bn annually, the global fine wine market has its risks and drawbacks. One is that it tends to be a long-term investment; you may not see a good return for up to 10 years. Another is that it requires a good deal of expertise; few have enough knowledge to buy and sell bottles of wine themselves, so the wise take on a specialist portfolio manager.

Though you will pay management and storage fees, as well as commission to a specialist, it's worth it, as they buy from only trusted sources and can confirm authenticity, protecting you from the many frauds and 'boiler-room' scams which can plague the wine industry.

Another source of advice and guidance is Liv-ex, the London International Vintners Exchange, which has been offering a fine wine index and price tracking service since 1999.

Market activity centres on the top 25 châteaux in Bordeaux - the Left Bank premier cru (first growth) such as Haut-Brion, Lafite-Rothschild, Latour, Margaux and Mouton Rothschild, and the 'super second' growths, along with premier Right Bank wines such as Pomerol and St Emilion, generate as much as 75 percent of the secondary market trading in fine wine.

Read the full article at: https://www.artsandcollections.com/deciding-bottles-buy-good-wine-investment/

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Veblen Wines Ltd, Holly Bank Chambers, The Oasts, Red Hill, Wateringbury Maidstone ME18 5NN, United Kingdom

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