Wines & Spirits
The collectability of wine and spirits is often down to vintage and rarity. When buying investment wines, the ideal vintages are those that are known to hold their taste over a long period of time.
Bordeaux and Burgundy wines are two of the most frequently collected wines but bottles are sometimes purchased because of their links to historic events or previous owners. Famous wine collectors include Thomas Jefferson, Alex Ferguson and Andrew Lloyd Webber. Since the 1990’s the market for fine and rare wine has grown due in part to increasing demand from Asia.
A little early in the year to pop the corks
22 January 2001FINE wine is one of those areas of the auction market which is bound to catch a cold if the world economy sneezes into recession or slowdown over the coming months. Higher than usual unsold rates at recent auctions in London and New York would suggest that buyers are already taking a more selective view of the wine market.
50-year-old Macallan malt whiskey
04 September 2000While Thai and Chinese businessmen splashed out on bottles of Pomerol 61 and Romanee-Conti 85 in the years leading up to the crash of the Tiger economies in the late 1990s, Japanese captains of industry were impressing their corporate friends with equally expensive bottles of Scotch, which they would crack open after work and down in one sitting.
It's official: wine is good for you...
05 April 1999...but it's still bad for you US: HOT news from health-conscious America. After years of campaigning from pro-winers, the US Bureau of Alcohol, Tobacco and Firearms has agreed to allow the words DO CONSULT YOUR DOCTOR ABOUT THE BENEFICIAL EFFECTS OF DRINKING WINE to be added to the back label, as well as the statutory health warning. So now it’s official. Not only is wine bad for you, but it’s good for you as well.
340 years old and drinkable
05 April 1999UK: FOR the moment at least the great international wine auctioneering machine grinds on serenely enough with lottage selling rates routinely at levels of 90 per cent or better.
Double whiskey in the jar
30 March 1999UK: “THE saving grace of the whisky bottle market,” said Alan Blakeman who runs bottle specialists BBR (buyer’s premium 10 per cent) , “is that as soon as the Australians, with their currency problems, started to disappear from the scene, the Americans started to show an interest.”
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