Fine wine merchants were caught out by the surge in the secondary market last year, with 98% underestimating its eventual close.
Château Lafite’s price premium over its fellow first growths continued to shrink over the course of 2016 having declined steadily since 2011.
Earlier this month Liv-ex’s storage and distribution service, Vine, handled its millionth case of wine since the introduction of UIDs in 2009.
Having recorded a full year of monthly gains in November, the Fine Wine 100 – the industry benchmark – has also outperformed other global indices over the course of 2016 Liv-ex has reported.
We pick out five Bordeaux brands that have shown impressive prices increases on the secondary market in the past 12 months.
Liv-ex’s Fine Wine 100 gained 1.6% in November, the twelfth consecutive month of gains, and Champagne and Italian labels led the way.
As the Black Friday frenzy subsides, Philip Staveley highlights a growing opportunity for wines from Pomerol on the fine wine market.
With the end of the year approaching it seems increasingly likely that the secondary market for fine wine will end the year positively.
It’s important to analyse each and every opportunity, because there is usually a good reason for a price differential, but you have to distinguish between a price differential and an anomaly.
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