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A Cool Gift That’s Also An Investment: Wine

December 18, 2009

The Robb Report featured an interview recently with Charles Curtis, Master of Wine at Christie’s.  As the finer things in life are about value, quality and enjoyment, gifting a bottle of wine that has investment potential can be a very appropriate way of appreciating culture and the value of money and its growth.  If you’re not buying one of our bespoke shirts as a gift, wine is a very nice alternative.

Here are two questions from the interview that can point you in the right direction:

Q. Certainly some rare wines have declined in value in the economic downturn, thus presenting a great opportunity for some high-end buyers. Where is the great value right now?

A. Prices in wine are strongest for wines that are in short supply. This means that pre-1961 Bordeaux and Burgundy have held their value well. Conversely, wines in very plentiful supply, particularly Bordeaux from vintages after 1990, have seen a sharper correction. These wines are a great value, particularly the 1995, 1996, and 2000 vintages, and they will appreciate sharply with time.

Q. What are the most desirable collectible wines?

  • The most collectible wines include Bordeaux first growths and their peers, including Latour, Lafite-Rothschild, Margaux, Mouton Rothschild, Haut-Brion, Petrus, Ausone, Cheval Blanc, Lafleur, and Le Pin.
  • In addition, top red Burgundy is also highly sought after, including the wines of the Domaine de la Romanée-Conti, Domaine Leroy, Comte Georges de Vogüé, Domaine Georges Roumier, Domaine Armand Rousseau, and others.
  • Beyond Europe, Screaming Eagle from California and Penfolds Grange are very desirable.
  • Champagne is a niche collectible, but the limited availability of the top wines ensures that they hold their value well.
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