There are many factors that ensure the selection of wine for investment fits the needs of the individual buyer. It is important to make sure the wine purchase meets the investor’s goals in terms of price, turnaround time and finances. For someone who is purchasing wine as an investment for the first time, one of the big questions is how much to buy. Is it important to buy an entire case, or will only a few bottles suffice? Should they be from the same select vintage or is it better to go with a wider variety? While buyers may have different reasons and criteria for investment, there are some basic points to consider.
Wine in Demand
A reputable wine estate is a good place to start, and the safest choice is a wine that will be in demand at resale. Prestige wines, such as Grand Cru Burgundy or fine Bordeaux, fit that bill well. They are usually sold in wooden cases of six bottles each. With these wines, it is best to buy the whole case. Assuming that the starting prices for these bottles of wine could be around £400, entering the market with a case or two could set a buyer back somewhere around £3,000 – £8,000 not taking into account commissions or storage fees.
Buying Through a Wine Auction Site
Some wine exchanges insist on orders of complete cases, but auction sites are a bit more lenient in that sense. They offer sets of three, which allows buyers to order three bottles, six bottles or twelve. Buying multiple bottles gives the investor a chance to start a collection of verticals of individual wines.
There is one more choice, which is to buy thirteen bottles. This means twelve can be stored as an investment and with one left to give as a gift or to open at home.