Wine investment: Where do I start investing in wine?
HOW TO INVEST IN WINE?
To make the most informed choices, we suggest reading iDealwine’s latest publications on the fine wine auction market, listed below
BUY WINE YOU LOVE, WITHOUT FORGETTING THAT IT COULD HAVE INVESTMENT POTENTIAL
At iDealwine, we believe its possible to buy wine that you love without losing sight of future investment potential. The finest wine collections can do both. Bear in mind that buying wine purely to speculate on its future value is quite risky. Not only because it goes against everything we cherish in wine culture, but also because buying wine that we do not know or love is a sure fire way to make a bad investment. We advise creating a wine collection comprised of bottles you love. Buy the highest quality wine you can afford and educate yourself on wine, wine regions, rising stars in the wine world, and deepen your knowledge on different vintages. If you can, try to visit wineries, meet the winemakers, get to know other wine enthusiasts and learn from them. If, one day, you want to sell your wine - for financial reasons or if your preferences have changed - you can sell some or all of your collection knowing that you made sound choices. In our over 20 years experience buying and selling find wine online, we have observed that the wines with the greatest appreciation in value were never originally bought for wine investment purposes. Sometimes, we come across wine enthusiasts who have simply been too enthusiastic and have collected too much wine. Their cellars are full to the brim of wines at their peak and so they decide to resell part of their collection, which can often turn out to be a lucrative decision.
LEARN MORE ABOUT THE FINE WINE MARKETS WITH IDEALWINE, WORLD SPECIALIST ON THE SUBJECT
Rather than offer a range of wines that are “turn key” investments (as if such a thing existed), iDealwine has developed a number of tools and website functionalities to help you make the most informed choice. As global leader in online fine wine auctions, we have seen it all when it comes to market highs and lows, and closely follow the data we draw from hammer prices and see trends emerge in different wine prices. This all informs our wine price estimates. Our website is full of information about wine prices and wine advice which should help you make your own decisions. In time, your wine may have appreciated in value significantly, attested by the price growth observed in many wines in recent years.
10 TOP TIPS TO SUCCESSFULLY SELECT WINES THAT WILL GROW IN VALUE
- Find wine critics that you enjoy reading and consult their tasting notes in annual wine guides. They are the best sources for rising stars, hidden gems, and new favourites in the world of wine.
- Subscribe to wine magazines and become a member of critics websites and forums (Jancis Robinson, Robert Parker Wine Advocate, The Drinks Business, Decanter etc.)
- Check out wine ratings by the world’s top wine critics, they are often listed on our site. Read iDealwine’s Blog and above all, pay particular attention to our monthly auction reports, which identify market trends as they emerge.
- Read iDealwine’s annual Barometer publication cover to cover, its been referred to as the ‘bible’ of auction trends.
- Listen to iDealwine co-founder Angélique de Lencquesaing’s monthly segment on French business news channel BFM where she delves into the latest wine investment trends. You can add automatic subtitles if you don’t speak French.
- Diversify your wine purchases, spread your interest across different vintages, regions, producers, wine styles...
- Opt for wines that will age well: investment should be a long-term project (at least 5-8 years)
- Store and cellar your wines in optimal conditions (temperature, humidity, darkness, free of vibration)
- Find a trusted, licensed service provider
- Be true to your passion, make sure you taste wine regularly in the company of trusted friends and compare notes. It’s the best way to deepen your knowledge and truly appreciate wine.