I fell in love with wine from afar. I saw one of the coolest men I had met for fun on the terrace of his old camp on the hill behind Nice in the south of France – technically at the Côte d’Azur in Provence. This was preceded, of course, by the slaughter of cold ice cubes in a long glass, which was immediately filled with Pernod Ricard Pastis 51’s green syrup, which smelled of lavender and added gas to the fires of conversation. The alcoholic drink was over, the cricket lifted the calf to the top, the air swung with pine juice, and the wine began to flow with the first dinner meal.
Sometimes Petite Vin de Table, sometimes classified as Bordeaux or Burgundy is good. Of course, I didn’t know anything then. In fact, it’s been less than nothing since I’ve never experienced a surge. Kamo dreams of eating at Balthazar in New York, triggered by some of the best wines known to people, many of which are classified in Bordeaux. For many people, this is the wine of choice for investors. Margot Castle, for example, from 1982 or 1983 by its neighbors at Palmer Castle. Both wines are on the list, which is one of the basics for basic wine knowledge. Both are banner years. Epic year. Wine that makes dreams come true.
It was in 1855 that France sorted Bordeaux grapes to the table of the most important varieties. Napoleon III Wants to offer the best French wine to be served at the Universelle de Paris. The 60 best Bordeaux red wine properties were rated by leading brokers that day. Prices are used as a proxy for quality and rankings ranging from Premier Cru (first growth) to Cinquième Cru (fifth growth). The ranking has remained largely the same today, with the exception of Château Mouton Rothschild, which was added in 1973.
But many true wine enthusiasts will eventually admit that there is only one wine for serious wine lovers: Pinot Noir. And of all the Pinot Noirs in the world, he is the one who grew up in the little Burgundy plot, which is the best. That seems to be an investment perspective. In a recent study by The Economist, the most expensive red Burgundy online auction collection from 2003 to the end of 2018 will produce a huge 497% if you don’t breathe. Not only impressive, but also almost twice higher than the S&P 500, an increase of 297% in the same period. This might surprise those who don’t know anything about wine.
This would also be shocking news to Philip Dobry, Duke of Burgundy from 1419 to 1467. In 1443, the wine capital of Burgundy, Bonn and the surrounding area was in a state of emergency. Although the Hundred Years War with English cunning was reduced by the signing of the Arras Agreement, looting, pillaging and general chaos continued. To help his desperate people, chancellor Duke Philip commissioned the construction of the HôtelDieu de Beaune, a hospital and shelter for the poor.
This hospital is better known as Hospices de Beaune. For centuries, families and generous benefactors have donated valuable vineyards where hospice gets their hands on some of the best wine regions in the world. They began auctioning annual wine production in 1859. So if you can go to town on the third Sunday of November, this is one of the most satisfying ways to fill your cellar and invest in something special – starting from barrels (288 bottles) after maturity) at once.
But if it’s not something you collect for fun, then call. As with opaque, hidden, marketable wine, diving into the wine market can be dangerous. Beautiful, old and rare wine is a dark place for intermediaries, enthusiastic operators, and professionals with ideas, insights, and serious relationships that have been built for decades. There is no price other than the price that the buyer is willing to pay to the seller. And people’s motives are often unclear.
Like forex margin trading, you can lose your shirt faster if you are not careful. Money and government bonds may offer low or negative interest rates, but money flows into the wine trade fund. Some take advantage of global arbitration to gain mobile profits.