Jump to content


Photo
- - - - -

Investing in Wine


  • Please log in to reply
3 replies to this topic

#1 North

North

    Drunk and Ghey

  • Members
  • PipPipPip
  • 111 posts
  • LocationCleveland

Posted 30 March 2011 - 01:08 PM

can anyone recommend a bottle of wine that i can buy and hopefully will increase in value over time?

#2 strangebrewer

strangebrewer

    Frequent Member

  • Moderators
  • PipPipPipPip
  • 1499 posts
  • LocationDenver, CO

Posted 31 March 2011 - 05:50 AM

Are you buying it to try and resell it later as an investment or buying it so you can drink it later and enjoy what is now a bottle that is outside of your price range? Speaking of such what is your price range? If you want a safe bet wine then you're already looking at a wine that will cost $150-250 per bottle right now.

#3 davelew

davelew

    Comptroller of ACMSO That Are Not Beans

  • Members
  • PipPipPipPipPip
  • 19179 posts
  • LocationReading, Massachusetts

Posted 31 March 2011 - 09:32 AM

can anyone recommend a bottle of wine that i can buy and hopefully will increase in value over time?

What is your time frame? If you buy futures on a first growth Bordeaux, it will probably peak in drinking value in 15 years or so. A Brunello might peak in 20 to 30 years, depending on vintage. Some sweet German wines (like a Kracher #9) will also age for 10 to 20 years easily.I have a bottle of port in my cellar right now (a 2000 vintage Taylor Fladgate) which I intend to drink when I retire in 2040, but that's a special case. I recently had some 1980 Taylor Fladgate, which was not quite as long-lived a vintage as 2000, and it's drinking really well right now.

#4 armagh

armagh

    Grumpy Frost Giant

  • Members
  • PipPipPipPip
  • 6705 posts
  • LocationBandit Country

Posted 31 March 2011 - 11:47 AM

There are a ton of qualifiers that go with what you're asking, but...1990 Heidsieck (magnums) if you can find them, expect to pay apx. $350 per. Reckoned one of the finest Champagnes of the last century. Drank my next to last one in January and it is magnificent. Still has room to improve and the price will only go up.Barolos with appreciation potential can be had - the 2004 Pio Cesare is still around, trading for under $100, and the way it's tasting now it should trade for a fair bit more down the road.2005, 2006 2007 Hermitages (whites) from Jean Louis Chave are in the $200-225 range now and will only go up. His reds likewise. If you can find any of the 2004 whites buy all you can whatever you have to pay and you will easily double and possibly trebble your money (the Chave family has been growing grapes in the Rhone region for something like 500 years).AS noted in the previous post futures - Bordeaux or Burgundy - normally appreciate assuming a good year and a noted maker, but I got the impression you wanted something in hand nowish. Futures with appreciation potential can be pricey, as in a hefty mortage payment per bottle.I'm told there is still some of the 1937 Quinta de Noval out there, though I don't know that to be true. I paid $350 per for three bottles back in 1997 but I don't know what the ask would be today.So many choices out there. Are you near a good wine store? They might be able to help.

Edited by armagh, 31 March 2011 - 11:51 AM.



0 user(s) are reading this topic

0 members, 0 guests, 0 anonymous users