Many thanks for taking some time to read this. I intend to use this page to keep you updated on events and developments in the Fine Wine & Champagne market. This website being principally a trading site, the entries will be focussing on events that bear a direct relationship to wine and their prices. We will not spend time on tasting notes – there are many other websites and blogs that cover these extensively – other than when they have an impact on Fine Wine prices. As an example of the latter, you might recall one of the 2005 Bordeaux Cru Classé blind tastings where Pedesclaux, a relatively lesser known Cru, came in 3rd, ahead of Lafite and other illustrious names. This of course caused an immediate run on the wine, resulting in a hefty price increase (if you are interested in Pedesclaux 2005, have a look at our list - there are still some cases to be had).
As they effect demand and supply, we will be regularly commenting on the impact on fine wine prices of global economic and financial developments. In the current financial climate, this is particularly important for those of you who like to be closely informed. At the moment, we see prices of some vintages easing. Although the top wines from the best vintages hold their prices very well, some others are being offered at significantly lower prices, due to sellers that are happy to cash in on their return and don't hold a favourable view on the times ahead. This seems to be the case for the 2005 vintage in particular.
Historically, fine wine prices have been 0 or even slighlty negatively correlated to the financial markets. It's going to be very interesting to see whether this trend continues in the current financial turmoil. Indeed, there is a strong argument to be made that blue chips of the best vintages will increase even more. These wines are in finite and diminishing supply, there is strong global demand for them and investment funds are taking a closer look at wine as an alternative investment. If you take that view as well, this is a pretty good time to pick up some of these gems. If you don't, we are happy to advise on best strategies to streamline your cellar.
This is a one-way-blog. However, if you'd like to comment on anything you read or would like to suggest a topic, please feel free to drop us a line at firstname.lastname@example.org. We most certainly will give attention to any serious requests you might have.