Fine Wine Investments - Tax Free

When people think of investments they don't often immediately consider fine wine investment opportunities. In fact, many people don't think there's much a future in any wine, aside from its value as a good drink later on
 
 
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LONDON - May 8, 2013 - PRLog -- Fine Wine Investments - Tax Free

When people think of investments they don't often immediately consider fine wine investment opportunities. In fact, many people don't think there's much a future in any wine, aside from its value as a good drink later on. But the fact is that the field of fine wine investment has grown by leaps and bounds, particularly with people just getting into the alternative investment market. What should you know about fine wines and can they really offer any substantial return on your investment?

Can That Bottle Bring in the Bucks?

It may come as a surprise to some, but the right bottle of wine can pay off big. Wine Searcher is a well known resource for just about everything investors need to know and they compile regular lists of the most expensive and sought after bottles on the market. As of Spring 2013, bottles of Henri Jayer Richebourg Grand Cru, Cote de Nuits top their lists with an average price of more than $16,000 per bottle. Meanwhile, Hertiage Auctions, which specializes in a variety of fine auctions, reports dozens of sales of fine wines regularly. One example, from March 2013, included a bottle of Chateau Lafite Rothschild, a 1982 Red Bordeaux, selling for more than $40,000.

What to Look For

Successful fine wine investment is more than just being able to spot a pretty bottle. There are several things investors should look for when evaluating a possible investment. A good fine wine investment should

1) Have been stored correctly and show no signs of wear or damage
2) Be from a small batch with limited release
3) Be verifiable - It can take a trained eye to catch counterfeits!

In order to ensure your investment meets all the criteria, it's vital that you understand the wine, the market and your options. By speaking to professionals, such as the staff at http://www.comparethefinancialmarkets.com/, you'll be able to properly evaluate the fine wine investment market and see if it's right for you as well as getting advice on how to start.
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Tags:Fine Wine, Investments, Investing
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Page Updated Last on: Jul 03, 2013
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