Wine Investments: where to buy wine futures?

In our series of articles on wine market , we consistently look at all the issues that stand in the way of the lone cowboy who has decided to look around himself.

We describe the general mechanics of investments , made ​​recommendations on several wines with good investment potential and now it’s time to talk about buying wine futures.
Buy wine premier two years before bottling it – both the most profitable and most risky strategy of wine investment. Beneficial – because in the case of buying wines still in barrel, you buy it at the lowest possible price. Risky – because the assessment of the potential of wine at this stage – approximate. Maturation, the wine may be, contrary to expectations, the fall in quality and, accordingly – in price.

In addition, there is a risk of running into a scam. Thus all depends on the search for a reliable supplier – of course, abroad (in Russia, wine investment is impossible), which would offer futures offer “small wholesale and at the same time would have taken over the storage of wine purchased. We have selected a few candidates, contact them to ask questions – and the projected speed and completeness of the feedback for future cooperation with vendors. Here are our favorite …

Large New York wine merchant with a good reputation and developed an online presence. Here’s conditions of purchase of futures in 2008, which will be the company’s warehouse in 2011:

  • The minimum order $ 125
  • 100% advance
  • after delivery to the warehouse of the company will be free wine stored there during the year, further storage will cost you $ 5 per month for 1 box, assuming that you have at least 3 boxes of wine.

Given the risks of buying wine futures, have a look at the benefits. Average price per bottle, for example, Leoville Las Casas in 2005 on wine auctions – around $ 350 (and it does not limit the price rise for sure yet). The same wine in 2008, the outlook is very optimistic sozreaniya evaluated by Parker at Sherry-Lehmann.com can be purchased for $ 144. Later, however, need to keep it 5-7 years, so it is ripe. But investment and Collectibles, by definition – for the patient.

We were pleased with customer service store – both responsiveness and completeness of answers. In general, our verdict: An excellent option that should be considered first and foremost, if you decide to buy and store wine for later sale in the western wine auctions.

Share and Enjoy:
  • Print this article!
  • Digg
  • Sphinn
  • del.icio.us
  • Facebook
  • Mixx
  • Google Bookmarks
  • RSS
  • Technorati
  • Twitter
  • Twitthis
  • Yahoo! Bookmarks

Tags: , , , ,

Leave a Reply