Liv-ex 1000 increases 0.6% in February

Liv-ex 1000 increases 0.6% in February The Liv-ex 1000 Index – the broadest measure of the fine wine market – closed February 2017 at another new high of 303.15. This is an increase of 0.6% on January’s close of 301.24 – the previous all-time high of the index. It has now reached record highs for…

Liv-ex 1000 continues to climb

Liv-ex 1000 continues to climb The Liv-ex 1000 Index – the broadest measure of the fine wine market – closed January 2017 at another all-time high of 301.24. This is an increase of 0.5% on December’s close of 299.80. The index has now reached record highs for six consecutive months and is up 21.5% year-on-year.…

Baghera wine auction hit by counterfeit fears

Baghera wine auction hit by counterfeit fears An auction of nearly 1,500 wines from Burgundy’s exclusive Domaine de la Romanée-Conti estate has been overshadowed by concerns raised over the authenticity of a small number of wines sourced for the sale. Baghera Wines removed ‘five or six lots’ before its Geneva auction over the weekend, according…

Bill Koch wine cellar auction fetches $22m

Bill Koch wine cellar auction fetches $22m Sotheby’s claims to have set ‘a new benchmark’ for wine auctions after its sale from billionaire collector Bill Koch’s cellar hit nearly $22m. All 2,730 lots were sold in the New York auction, named Wines from the Cellar of William I Koch, which lasted for 27 hours over…

Liv-ex 1000 gains 0.5% in April

Liv-ex 1000 gains 0.5% in April The Liv-ex 1000 Index gained 0.5% in April to close on 254.78. The Bordeaux 500 index gained 1.1% to close on 251.79. It now looks comfortably stronger than the other sub-indices over one year, having gained 5.5% over this period. The majority of the sub-indices also gained in April.…

Burgundy hit by ‘worst frost since 1981’

Burgundy hit by ‘worst frost since 1981’ A severe frost swept across Burgundy vineyards on the night of 26 April, causing a ‘great deal of stress’ for winemakers, according to the Burgundy wine bureau (BIVB). A spring freeze affected much of Europe this week, with April snow briefly seen in Champagne. There are concerns in…