Before the pandemic took hold in March of 2020, I was doing 2-3 wine or spirits appraisals per month. Since then, I have seen a shift to purchasing and consumption, and less of a focus on collection management. The obvious reason is the reduction of travel and limited access homes for the inventory work required…
PART III – What to expect, both during the crisis and afterwards? Part III takes a closer look at what might be next not only in the short term, but also post crisis. Auction houses remain aggressive in their pricing but are being cautious as the volume of product at auction is roughly 10% of…
Industry Shift & Current Auctions * Note: In Part I, we received a few comments about the spelling of ‘whisky’. Scotch Whisky and Japanese Whisky are both properly spelled with no ‘e’. American and Irish whiskey have the ‘e’. For the purposes of this series we are discussing the higher-end of the market where most…
WineAdvise is taking a look at the current market for both wine and whisky. We have broken our analysis up into 4 shorter posts that we’ll send over the next four-day period to help collectors make sense of what is going on now, what we may expect and how we can help. Background on the…
Wine is ever evolving, and as a collector, one needs to create the perfect environment so that the wine reaches its full mature potential. The nitty-gritty details of this aging process can be summarized simply: it’s a chemical reaction between the compounds found in wine (amino acids, phenols, tannins, carbohydrates, etc.), the small amount of…
What makes a wine valuable? Wine has increasingly become something more than a beverage to be enjoyed, it has also become a potential investment. Understanding what makes a wine truly valuable over time can make the difference between a solid investment and a losing proposition.There are five main factors that determine the value of a…
Four Considerations for Any Wine Collector. Wine has taken on a relatively new identity among private clients as a financial asset class. Clients often find themselves as unintended or reluctant collectors after a life event (i.e. death in the family, divorce) or slowly acquire wine over time, and then find themselves with a collection with…