a medal for how come people age wine how come when they do it gets more expensive?

Question

do people who collect wine and wait 50 years to sell it make a lot of money if so which do they use what is really happing when the wine is aging what are the most expensive wines the person with the most info gets the reward

Answer 1

The thing is that not all wines will be worth money in 50 years. A bottle of Beringer White Zin is crappy now and will be crappy in 50 years. A bottle of two buck chuck isn't going to be worth $100 in 50 years - it will be worth the refund you get back for recycling the glass.

Your sentence is a huge run-on, so I'm going to try and separate it out.

"Do people who collect wine and then wait 50 years to sell it make a lot of money?"
Some do, some don't. Remember 50 years is a long time. Most wine collectors don't start until they are at LEAST 30 or 35, meaning that they'd be 80 or 85 before they saw ANY return on their 'investment'. More realistically, wine investors invest for 10-25, maybe even 30-35 years. Anything longer is a bonus or an inheritence investment (meaning it was meant for the children). On top of that, the wine must have been stored properly and been ageable. Not all wine ages well. If it's passed it's peak and it's not something special (like a special edition vintage or bottle), then it's not really going to be worth much.

"If they make a lot of money investing in wine, what wines do they typically invest in?"
You can invest in anything that is made to age. And if it has a good reputation, all the better. Bordeauxs (is that even correct?), big Italians (think Barolos), Cabs, have been the past great investments. As Pinots get better, they may be good future investments. Sauternes from Grand Cru Vineyards, are always good investments (techincally, they fall under Bordeaux).

"What are the most expensive wines?"
The most expensive wines ever sold are old wines basically from the 1700s. But those that regularly sell at wine auctions are Bordeaux, California Cabs, and some Italians. Most are past vintages or limited releases. Screaming Eagle, a California Cab, regularly sells for $1000 and up. This is a wine that not just anyone can get, so that drives the demand up. Even recent vintages sell for that much on auction sites. http://www.wine-searcher.com/find/Screaming+Eagle/2/USA-/USD/A/-/0

Wine Spectator (WS) has a "collectable" designation in each issue - these are wines that are selected that are supreme quality that will most likely increase in value. This may be a good place to start if you are interested.

Remember that a $40 bottle of wine can be a seemingly great investment if you double your money in 10 years, but that's still only $40 in profit. You'd have to have a hundred bottles to really make any kind of return. Figure that in on top of storage fees (you can't just stick it in your closet), and it may not be ANY return on your money. However, if a $100 bottle goes up ten fold and you have a case, then you've made a pretty penny (and that's happened).

Right now, a hot short-term low yield investment is Don Melchor 2003 Cab (Concha Y Toro). After being #4 on the WS top 100 list, the wine is sold out across the US. With a $47 release price and a 96 point rating, it's now selling for sometimes as much as $100 on auction sites. http://www.winespectator.com/Wine/Wine_Ratings/Wine_Detail/0,4431,205949,00.html If you can find it for under $50 a bottle, and have the resources to resell it, there is a little potential there to make some money quickly. But the wine is in such short supply, making me think that a costco type place is hording it, so you can't put all your eggs in that basket.

Well, I hope I've helped clear things up a little bit for you. : )

Answer 2

The problem with wine is that, after a certain point, it starts to degrade.

it is less the wine than the rarity of the wine.

Remember that 90% of the vinaage of any wine is consumed within the first year of release

Answer 3

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Answer 4

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