Fine wine trading tips of the week
Corney & Barrow’s head of fine wine, Will Hargrove, shares his fine wine trading tips of the week.
- Is the great the enemy of the good? When it comes to vintages, there is always a lot of chat about the ‘great vintages’, but actually there can be every bit as much pleasure in the good (to very good) vintages, such as 2012, 2014 and 2017. If priced appropriately, there is also the fact that the drinking window will probably open sooner. Consumption will be up and therefore supply down.
- Stick to bottles rather than bigger formats – this gives you more flexibility in both drinking and selling. The same goes for 2×6 bottles rather than 1×12 bottles. While magnums and especially bigger than that can have a real collectable/display attraction, it is bottles that people will almost always drink more often.
- When it comes to vintages, across Europe (with the exception of Champagne), which is still undervalued for reasons I don’t understand, 2001 for wines with perfect provenance is a great place to look. In many cases they are starting to drink superbly.