On the news.com site
http://news.com.au/common/story_page/0,4057,7678634%255E421,00.html
NEWS: Wine investors pick new labels
NEWS: Wine investors pick new labels
Cheers
-Mark Wickman
WICKMAN'S FINE WINE AUCTIONS
FREE membership, LOWEST auction commissions in Australia.
Now accepting wine for our next auction.
http://www.wickman.net.au
Twitter: @WickWine
YouTube: WickWineAuction
-Mark Wickman
WICKMAN'S FINE WINE AUCTIONS
FREE membership, LOWEST auction commissions in Australia.
Now accepting wine for our next auction.
http://www.wickman.net.au
Twitter: @WickWine
YouTube: WickWineAuction
-
Adam
I cant say I entirely agree with his reccomendations:
"He named Jim Barry's Armagh shiraz, Eileen Hardy shiraz, Victoria's Mount Mary Quintet cabernets, Moss Wood cabernet sauvignon from Western Australia, Wolf Blass Black Label shiraz and other Penfolds labels, such as RWT
"They're the next generation of collectables," he said. "It's best to stay with reputable companies.""
Especially the Eileen and Black Label...but then again thats just my opinion...
"He named Jim Barry's Armagh shiraz, Eileen Hardy shiraz, Victoria's Mount Mary Quintet cabernets, Moss Wood cabernet sauvignon from Western Australia, Wolf Blass Black Label shiraz and other Penfolds labels, such as RWT
"They're the next generation of collectables," he said. "It's best to stay with reputable companies.""
Especially the Eileen and Black Label...but then again thats just my opinion...
I really needed a good laugh. Blass Black Label, what a great investment it has been in the past. Purchase it for $130 and sell it for $40. Eileen Hardy is also another one that is not exactly setting the world on fire at auction and frankly I doubt it ever will.
Unless a wine is extremely limited and get a big score from the likes of Parker or it has a track record like Grange, there is not a huge potential for big profits. The days of making a quick easy buck from the wine market is just about gone because most of the possible investment style wine producers are pricing the wine at closer to the secondary market prices.
In many cases free investment advice is worth exactly what you pay for it.
The people who make these sorts of predictions have a vested interest in wine investment so they will say things that support thier position, not necessarily the whole story.
Unless a wine is extremely limited and get a big score from the likes of Parker or it has a track record like Grange, there is not a huge potential for big profits. The days of making a quick easy buck from the wine market is just about gone because most of the possible investment style wine producers are pricing the wine at closer to the secondary market prices.
In many cases free investment advice is worth exactly what you pay for it.
The people who make these sorts of predictions have a vested interest in wine investment so they will say things that support thier position, not necessarily the whole story.