How to invest in wine, according to a master sommelier - Business Insider

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The beginner's guide to investing in wine, from identifying the top auction houses to figuring out which wines are the most valuable (by DJ_Gramenon)

Once the wine is yours, and depending on where you keep it, itunder your homeowner's insurance against breakage, and there are policies available when renting or buying offsite storage facilities.

Growing personal collections through retail and aftermarket purchases are the only pathways to investing in wine on US soil. The largest exchanges for wine trade exist in the UK, Europe, and Asia., has been operating for 20 years. Boasting over $40 million in available purchases traded between fewer than 500 active accounts, players in this market are huge.

The majority of the wine traded never moves when it's sold, as the only reason one purchases wine this way is to one day resell it. Some smaller exchanges likefollow the bonded European storage model and offer wines for sale sourced directly from wineries upon first sale. This provides unquestionable provenance and allows for resale within their exchange and on other platforms.

 

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इंडिया ताज़ा खबर, इंडिया मुख्य बातें

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