Showing posts with label Wine Investment. Show all posts
Showing posts with label Wine Investment. Show all posts

Friday, 27 August 2010

Porsche 911 or 8 bottles of wine?


I love this comparison of purchases from this article in The Drinks Business, click here .

Although the global economy is still struggling and the UK economy is taking drastic measures to balance the books, there is still an enormous amount of wealth in this World. And an increasing amount of people who want to invest in wine, to drink wine, to enjoy wine.....and to have the very best quality wines on their dining room tables.
My only grumble is that wines such as Chateau Lafite Rothschild(pictured above) are becoming iconic collectors wines and are totally out of reach for the vast majority of us, who are not multi millionaires!
Even the second wine of Chateau Lafite Rothschild, which is called Carruades de Lafite is now trading(in the UK) at £3000 per case of 12 bottles for the 2009 vintage.

Wine is fun and enjoyable but the question is: Would you buy 8 bottles of wine or a Porsche 911?

Tuesday, 26 January 2010

Fine Wine Investment

It has always been said that you should buy two cases of the best wines in the best vintages. This always gives you the option to sell one case and drink the other.
I have followed the fine wine market for a number of years and always been relatively confident that it is a diverse, interesting and potentially profitable investment choice.
This article in the Financial Times estimated that there is over £1.2 billion worth of wine in UK warehouses. I would think that this estimate is conservative.
Now I am in the fortunate position to be able to get the best prices (ie the first release prices) for most of the best Bordeaux wines, when the Primeur prices are released. This is similar to a new release of a share price or a company flotation on the stock market.
Sometimes it is good to get in early and secure the best price.
The other thing to bear in mind is that wine is finite. There is only a certain amount produced at each Chateau in each vintage. You can not duplicate or replicate the best wine in the World.
We will shortly be having tastings to assess the quality of the 2009 Bordeaux vintage and then the prices will be released from the Chateaux in May and June.
If you are interested in buying wines 'En Primeur' then please contact me directly. hamish@bellawines.co.uk