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…

June 2013 Wine Investment Report

June 2013 Wine Investment Report Three more properties in Bordeaux have been bought by Asian Investors. One of the buyers is a Singaporean and two others from mainland China. A real estate agent in Bordeaux said that Chinese investors buying Bordeaux Chateau are on one a month this year. With investors from Asia on a…