Got an oenophile in the family? Consider buying them a bottle of fine wine that will appreciate over time. According to the Liv-ex Fine Wine 50 Index
, which tracks the daily price movement of the most heavily traded commodities in the fine wine market across 10 different vintages, wine investments saw returns increase by 57%
Of course, not every bottle is investment-worthy. As MainStreet has reported
, wines that net a nice return at resale are those that are scarce, age well over time and come from a chateau with a long track record of great harvests – requirements typically only met by the top Bordeaux, Burgundy wines and a few California reds.
“Like art, this is more for the discerning collector, and you better do your homework,” says Kahler.
To find out which wines are the most in demand, you can check out sites such as Wine Spectator
, as well as the websites of major auction houses like Sotheby’s or Christie’s.
“What I like about this gift is that if it doesn’t appreciate, the recipient can always drink the mistakes,” Kahler says.
While some fine wines can fetch thousands or more at auction, investment wines with lower price tags include the Château Giscours—Vintage 2003, a Bordeaux that retails for about $80.
Photo Credit: tpetriep