As you will likely be aware of, prices of fine wine, as measured by the widely adopted Liv-ex 100, have fallen 20% over the last 3 months and the drop has not yet stopped. You might therefore think, why should I invest in a market that’s going down?
One swallow doesn’t make a summer but there are a few signs that Bordeaux prices might soon turn around:
Robert M. Parker, Jr., the world's foremost wine guru, makes 12 bold predictions about seismic changes that will influence how we'll shop, what we'll buy and how much we'll pay.
There’s always loads of noise and comments on blogs, websites and Twitter when Fine Wine prices are going up, often amounting to plugging one’s own business. As of the last month or 2 though, I have not seen many comments on the current state of affairs in the fine wine market, whilst there’s more need for that than ever. So we thought to have a stab at explaining the market and provide readers with some transparant, meaningful information.