Storage & provenance « Provenance Fine Wines

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Storage & provenance

The Importance of Provenance

When ultimately selling fine wine purchased as a potential investment, one of the first things any potential buyer will do is confirm its provenance, implicitly asking the following questions:

How do I know these wines are of a satisfactory quality?
Where did they come from?
Have they been looked after carefully?
Is there a paper trail to confirm all of this?

The Provenance Guarantee

If standard provenance requirements are not met, the opportunity for profit when selling is significantly reduced. Therefore, Provenance Fine Wines Ltd will never offer fine wines of questionable provenance to any client. All wines will be sold and stored in their original wooden case (OWC).

The Importance of Professional Storage & Insurance

As important as (and integrally linked to) the question of provenance is the issue of professional storage. When exposed to changes in heat and/or other climatic conditions, fine wine is at severe risk of spoilage. As a result, market value for wines will only be attained where they have been professionally stored under climate-controlled conditions, thus significantly reducing the risk of spoilage.

London City Bond & Vinotheque

London City Bond Ltd. has provided facilities for the professional storage of customs-bonded goods since 1870. In 2004 it acquired the Vinotheque site in Burton-On-Trent (Staffordshire) where perfect, specific conditions for the professional cellaring of fine wines are maintained.

We are happy to arrange for the storage of your wines in your own private customer account at Vinotheque. Clients taking advantage of this convenience will receive (in addition to Provenance-issued documentation) a photograph and description of each wine’s case & contents, recorded as it enters the facility.

All wines stored with Vinotheque are monitored 24 hours per day, 7 days per week. Should any accident occur all wines are all fully insured by London City Bond; this is not at purchase price, but at like-for-like, full replacement value, offering complete protection of your asset.

Market Movements

Ten best performers

Last month Last 3 months Last 6 months 1m / 3m / 6m

1. Suduiraut (1997) £541.63 +52%
2. Krug (1990) £1675.20 +42%

3. Lafite Rothschild (2008) £5513.00 +35%
4. Haut Brion (1994) £2522.63 +34%

5. Pontet Canet (1996) £757.27 +29%
6. Margaux (2005) £9977.64 +27%

7. DRC, Romanee Conti (2004) £4444.00 +27%
8. Petrus (1986) £12017.61 +27%

9. Ducru Beaucaillou (2000) £1320.52 +24%
10. Angelus (2005) £2620.35 +23%

1. Lafite Rothschild (2008) £5513.00 +79%
2. Ausone (1988) £1987.44 +75%

3. Petrus (1989) £33960.56 +71%
4. Ausone (1986) £1577.81 +67%

5. Lafite Rothschild (2008) £9767.56 +51%
6. Lafite Rothschild (1988) £8089.40 +47%

7. Suduiraut (1997) £541.63 +47%
8. Haut Brion (2008) £3533.99 +45%

9. Margaux (2005) £9977.64 +43%
10. Margaux (2001) £3735.07 +41%

1. Lafite Rothschild (2008) £9767.56 +51%
2. Carruades de Lafite (2008) £2657.99 +22%

3. Lafite Rothschild (1997) £6833.33 +10%
4. Lafite Rothschild (2008) £5513.00 +79%

5. Lafite Rothschild (1994) £7657.66 +32%
6. Latour (2008) £6100.00 +22%

7. Ausone (1988) £1987.44 +75%
8. Lafite Rothschild (2006) £7290.28 +33%

9. Lafleur (2002) £2950.00 0%
10. Petrus (1989) £33960.56 +71%

Ten worst performers