Recent Blog Posts
- ‘Back to reality’ say vintners 20/01/2012
- Chinese interest in lower ranking chateaux increasing, say negociants 16/01/2012
- Acker auction puts Burgundy in focus 13/01/2012
- Hong Kong toast of wine world amid global woes 13/01/2012
- Red Rises in China 10/01/2012
Auction News
- ‘Bordeaux datapoints of the day’ Array, 7/06/2011
- ‘Napa wine auction yields $7.3 million for charity’ Array, 7/06/2011
- ‘Ultimate wine collection’ sells at auction for $11.9 million Herald Sun, 4/04/2011
Trending
Ten most searched-for wine names*- 1. Petrus2. Montrose3. Krug4. Palmer5. Mouton Rothschild
- 6. Margaux7. Cheval Blanc8. Latour9. Haut-Brion10. Lafite Rothschild
Supply and Demand
The economic principle of supply and demand contends that where the supply of a product in consistent demand decreases, then the price of that product will rise.
Fine wine is an example of what is known as a finite reducing asset. The number of cases of wine produced by a vineyard in any given vintage is limited, and when one considers also that fine wine is made to be consumed, then it makes sense that those numbers will decrease over time.
Because the value of fine wine is inherently linked to supply and demand, many have considered it far more robust under negative global economic conditions than more traditional modes of investing such as stocks and shares. Wine is, after all, a tangible asset and will always retain an intrinsic value.
Market Movements
Ten best performers- 1. Pavillon Rouge (2006) £1244.55 -19%
- 2. Pavie (1999) £1322.87 -18%
- 3. Pichon Baron (1985) £1056.59 -18%
- 4. Leoville Barton (1999) £546.36 -17%
- 5. Ausone (2006) £6186.71 -12%
- 6. Lynch Bages (2008) £816.95 -12%
- 7. Carruades Lafite (1998) £3239.70 -11%
- 8. Pavillon Rouge (2008) £1204.69 -10%
- 9. Cheval Blanc (2008) £4066.41 -10%
- 10. Ducru Beaucaillou (1985) £1308.24 -10%
- 1. Rauzan Segla (2009) £853.14 +34%
- 2. DRC, Romanee Conti (1990) £11892.75 +33%
- 3. Ausone (1997) £4062.33 +31%
- 4. Ausone (1990) £6110.00 +27%
- 5. Leoville Barton (2001) £726.88 +27%
- 6. Petrus (1989) £15762.00 +26%
- 7. Conseillante (2002) £760.46 +25%
- 8. Cheval Blanc (1986) £4760.00 +22%
- 9. DRC, Romanee St Vivant (2002) £771.07 +22%
- 10. Mission Haut Brion (1988) £2036.20 +21%
- 1. Pin (2001) £19824.06 +1351%
- 2. Krug, Brut (1995) £1140.00 +49%
- 3. Ausone (1997) £4062.33 +48%
- 4. Cos d'Estournel (1983) £1160.00 +39%
- 5. Petrus (1988) £16396.00 +32%
- 6. Rauzan Segla (2009) £853.14 +32%
- 7. DRC, Richebourg (1998) £786.41 +31%
- 8. Pavie (1989) £1013.00 +30%
- 9. Lafleur (1999) £1508.80 +29%
- 10. Petrus (1994) £14124.00 +28%
Ten worst performers
- 1. DRC, Romanee St Vivant (1995) £597.43 -22%
- 2. Latour (2005) £4912.34 -20%
- 3. Pavillon Rouge (2006) £1244.55 -19%
- 4. Pichon Baron (1985) £1056.59 -18%
- 5. Pavie (1999) £1322.87 -18%
- 6. Leoville Barton (1999) £546.36 -17%
- 7. Lafite Rothschild (1986) £15519.88 -17%
- 8. Lafite Rothschild (2006) £5051.49 -17%
- 9. Mouton Rothschild (2008) £5385.67 -17%
- 10. Haut Brion (2008) £2021.52 -15%
- 1. Pin (2004) £3483.13 -42%
- 2. Dom Perignon (1990) £2635.43 -39%
- 3. Louis Roederer, Cristal (2002) £1569.43 -33%
- 4. Dom Perignon (1998) £1080.00 -30%
- 5. Mission Haut Brion (2007) £821.66 -27%
- 6. Lafite Rothschild (1995) £3950.00 -26%
- 7. Lafleur (2001) £1564.44 -26%
- 8. Margaux (1998) £1825.22 -24%
- 9. Petit Mouton (2009) £1133.48 -24%
- 10. DRC, Romanee St Vivant (2006) £637.73 -22%
- 1. Pin (2004) £3483.13 -50%
- 2. Lafite Rothschild (1989) £3200.00 -37%
- 3. Lafite Rothschild (2008) £8586.33 -34%
- 4. Mouton Rothschild (2008) £5385.67 -34%
- 5. Lafite Rothschild (2008) £9196.78 -33%
- 6. DRC, Tache (2005) £15000.00 -33%
- 7. Mouton Rothschild (2008) £5129.33 -32%
- 8. Pavillon Rouge (2005) £1294.25 -31%
- 9. Petit Mouton (2008) £576.26 -29%
- 10. Margaux (1996) £5751.69 -28%
Prices shown are today's Current Average List Price in GBP for a Standard In Bond case of 12x75cl OWC (unless stated otherwise) and are presented under license from Liv-ex.com
