'Fine wines as an investment can offer 447% appreciation'



2015-06-26 11:57:07

'Fine wines as an investment can offer 447% appreciation'

New research has once again pinpointed fine wines as being among the best investments of 2010

Fine wines have one again been labeled a great investment by the press, this time by respected UK newspaper The Times.

According to The Times' report, Swiss economists Jean-Philippe Weisskopf and Philippe Masset found that that value of Bordeaux wines bought at auction rose by 198% between 1996 and 2009.

Of those, the best, premier cru, appreciated by 447%.

And although Italian and American wines "did not do quite so well," they still performed better than US equities.

The findings of the new study -along with a growing 'thirst' for collectible fine wines in China and Russia- signal the ever-growing popularity of fine wines among collectors and investors.

Meanwhile, excited wine enthusiasts across the globe await the 2009 Bordeaux, mooted as the "best Bordeaux wine in 60 years."

Share on social media
Write a response...

The bookmarklet lets you save things you find to your collections.

Note: Make sure your bookmarks are visible.


Click and drag the Collect It button to your browser's Bookmark Bar.

collect it