Interconnect

Drinking to the Future

Wine has been collected since the late 17th century by everyone from Thomas Jefferson to Andrew Lloyd-Webber, but any suggestion that it would be sold on for a profit, effectively creating a wine stock market, would in days gone by have made any gentleman choke on his venison steak.

issue 22 July 2006

Wine has been collected since the late 17th century by everyone from Thomas Jefferson to Andrew Lloyd Webber.  Not much has changed either, except the idea of wine as an investment  –  any suggestion that wine might be sold on for a profit, effectively creating a wine stock market, would in days gone by have made any gentleman choke on his venison.  But the most important considerations for buying wine are the same as ever, namely to know what to buy, who to buy it from, when to buy it, and how much to pay for it.

The advantages of investing in wine are fairly straightforward.  Wine is an easily transferable asset with an established and thriving broking and auction market.  There are no limits to investing; you can put in £250 or £250,000. However for anyone wanting a serious return, £5000 would be about the minimum realistic starting point.

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