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Duncan Sterling, head of New York Wine Auctions at Sotheby’s said: “North America reasserted itself in the auction market today accounting for 15 out of the top 20 buyers in our sale. This, coupled with continued demand from Brazil and Mexico drove the sale total comfortably over the high estimate”. The auction highlights included top […]
The Bordeaux 2013 campaign has been a perfect example of why a fine wine broker makes more sense than buying en primeur in an off-vintage. As evinced by the Drinks Business article on the release of the Haut-Brion range of wines it is commendable on the face of it that they have cut their prices […]
In a continuation of the strategy which has led to the acquisition of Château d’Yquem and Dom Perignon, luxury goods giant LVMH have added 8.66 hectares of Clos de Lambrays, one of the largest grand cru vineyards in Burgundy’s Cote de Nuits region. The company’s continued expansion into wine is clear evidence of a wider […]
Peter and the team at Vin-X wish to extend our congratulations to wine collector and Vin-X client Curtis Davies. Curtis led his team, Hull City AFC, to the first FA Cup Final of their 110 year history. Curtis, we hear you gave the hairdryer treatment at half time, which we believed after the first half […]
Liv-ex, the fine wine market's premier exchange, has a number of indices to measure performance and the broadest of these is the Liv-ex 1000 which is composed of a number of sub indices. It would seem that since the market peak in May 2011 the best performer has been the humble Rest of the World […]
Probably the world’s most successful modern airline brand, Dubai-based Emirates, has announced this week that it has invested over US$500 million in fine wine over the last decade. Following an investment strategy which includes en primeur purchases, Emirates claims to hold 1.2million bottles in their own cellars in Burgundy where they are held for at […]
Sotheby’s in Hong Kong is set to auction the most valuable lot of fine wine ever at its October sale in Hong Kong. The previous record was set by 50 cases of 1982 Mouton Rothschild which sold for HK$ 8.2 million in 2006. The combined value of the 114 bottles of Domaine de la Romanee-Conti […]
Hindsight is always a great leveller when considering the past but in 2013 Liv-ex wrote a blog “What’s in a point” highlighting the difference in price between the 2009 and 2010 Montrose and suggesting that the gap was very large considering the small difference in quality. Furthermore Robert Parker gave a massive clue in his […]
When it comes to investment, it seems business and pleasure need not be oil and water to one another. Forbes has examined the idea of ‘hobby investing’ where certain assets may have been bought primarily for personal interest but have become rewarding additions to investors’ portfolios. Fine wine is singled out as especially attractive given […]
Today we visited Lafite, and learned that the 2013 version of the iconic brand has, like Margaux, adopted a ‘different way’ to combat the challenges imposed by conditions last year. Lafite 2013 is constructed of 98% Cabernet Sauvignon and 2% Merlot. Lafite has adopted a similar strategy before with 1961 (99% Cabernet, 1% Petit Verdot) […]