Nick Martin, founder of Knight Frank told Decanter.com that ‘Blue chip Burgundy remains very strong, up 31% last year and 12% year to date. Scarcity paired with global demand for sought-after producers has made top Burgundy a consistently good bet, with 10 year gains of 411%.’
Laura Seal continues at Decanter.com:
Other experts were more cautious, but still upbeat about the fine wine market’s health as 2017 draws to a close.
BI LiveTrade Index reported fine wine price growth of 14% year-on-year to the end of June 2017, although this decreases to 2.5% growth when measured January to September 2017.
Read more here.
Latest posts by Richard C. Young (see all)
- Democracy: The Most Dangerous and Insidious Effect of Majority Rule. - January 23, 2019
- Risk Analysis for Consistent, Positive, Prudent Returns - January 23, 2019
- The Low Common Denominator Presidential Candidate - January 22, 2019