11/10/2019
We were recently sent an article by a European CEO and would like to confirm my agreement with all the suggestions it makes. At The Rare and Fine Wine Company, we encourage our many Private Clients to buy and lay down these rare and beautiful wines (which are sought by International passionate Wine Collectors) to drink in the future.
Please take a moment to review it.
The Changing Market
The Fine Wine Market has changed immensely in the last decade, offering unique opportunities to collectors. Globalisation has opened new routes to market with New York Clients purchasing wine from traditional London Merchants, and rising interest in wine from emerging markets has put pressure on already limited supplies of stock.
The rising interest in Burgundy is sustainable due to The tiny production:
Domaine de la Romanee has topped The Sotherby's Wine Ranking, and competition is fierce for the great names such as Domaine Armand Rousseau, De Vogue, J-F Mugnier, Leroy and Domaine George Roumier. Burgundy is a region of winemakers rather than large historical properties, and recognising the new rising stars can be rewarding. It should be noted that these Domaines are not keen to see their wines used as Investment vehicles.
The increasing price of land in Burgundy has resulted in a new generation of passionate and highly trained wine makers that set up micro-negociants instead of purchasing land. Some names to take note of include LUCIEN LE MOINE, Benjamin Leroux and Oliver Bernstein.
Buying The Best
How does one buy in a Market Place with a multitude of Producers, vintages and Merchants? The easiest answer is to buy the best from the best. Key to starting a wine collection is identifying the best wines and buying and storing your wines in original cases Under Bond (excluded from Duty and VAT in goverment controlled vwarehouses). It guarantees that wines have been stored in a temperature-controlled facility and adds extra security against forgeries.
Building a strong relationship with your Wine Merchant can be extremely benefical. A trusted Merchant will advise on which wines to buy, identify trends in the Market, and organise storage. They will help you secure difficult-to-access stock and will provide an exit strategy if you decide to sell.