Online platforms that allow you to trade desirable wine, champagne and spirit vintages, much like stocks or currencies, have seen record activity and bumper price movements this year.
The charge was led by Salon le Mesnil’s 2002 vintage, described by its producer as “captivating like a samurai sword”. It has surged more than 80% in value in 2021 on both LiveTrade and another wine platform Liv-ex, and currently sells for roughly 11,700 pounds a bottle . Taittinger’s Comtes de Champagne 2006 also sparkled, along with Krug’s 2002 and 1996 vintages, with price rises of more than 70%, while the Krug 2000, Bollinger La Grande Année 2007, Cristal Rosé 2008 and Dom Pérignon P2 2002 have seen rises of 54%-55%.
Champagne benefited early in the year as it was exempt from the 25% US tariffs put on European wines by Donald Trump’s US administration which were then suspended shortly after Joe Biden took over.
You're not talking to the general public now, we pop 5 litre wine boxes here, what have they outperformed, Betway? we drink until vaccination wears off...