Investing in Wine

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Investing in Wine
Peter McLaren

Investing in Wine

Reds ain't reds - anything but Cab Sav or Shiraz

About MedAu

The international recognition of the quality and value of our wines over the last 10 years has spelled bad news for Australian wine consumers. Apart from our excellent but frequently overlooked Rieslings, the search for bargains has become increasingly difficult.

Although our wines certainly needed re-rating internationally, there seems to be an element of hype surrounding the present wine market. As all markets are subject to cycles, there is some doubt whether this will continue. The factors at work are:

The value of the Australian dollar

The quality and quantity of each vintage

Increased supply. There is rapidly increasing wine production in Australia and other 'New World' countries (USA, NZ, South Africa, Chili, etc) as well as increased plantings and more modern production techniques in Europe. This will largely affect the 'quaffer' styles, as the old vines that produce most of the premium wines will still be in short supply.

Decreased demand as the Asian recession bites and the growth of the Asian middle classes is put on hold.

For those of you who stocked up on good quality Australian wines a few years back: congratulations! If you decide to sell however, there are a few problems. Firstly, you have to have chosen wisely. Secondly, they must have been cellared well. As you are required by law to sell them through a licensed auctioneer such as Langtons, the wine must then be transported safely to a capital city. The auctioneers will then charge you up to 30% of the selling price.

For those of you about to stock up your cellars, better times may be around the corner. In general though, you will find the best returns from the cellaring of fine wine are to be found in the enjoyment of them.

Peter McLaren

Discussion

Ashley White
wine business in Georgia
Investing in Wine

Ashley White

emily lord, emilylord@libertysurf.co.uk
Posted 10/10/2000 5:57 AM

Is anyone thinking or has already purchased wine from a company called Ashley White ? I would like to here from you.

wine business in Georgia

Lasha Gavasheli, lasha9@hotmail.com
Posted 9/7/2000 5:43 PM

Dear friends,

The undersigned is the group of Georgian businessmen, who lives and does strong businesses in Georgia.
Georgia is a former Soviet Republic. The country officially became a CIS in 1991, when the separation from the former Soviet Union occurred. Since that Georgia is trying to follow the principles of Democracy and Free Market Economy.

Georgia is a traditional wine industrial country with 3 000 years old history and traditions of winemaking. In 1998, 'Vinopolis', the International Fair was held in London, where Georgia was unanimously considered as the country of the most ancient wine industry of the world.

This is the field that we would like to connect our experience and successful business biography.
That is the reason of our contacting You. If You are interested in Georgian wine business, please, respond.
We are ready to provide you with more information concerning the winemaking field in Georgia.

Thank You in advance.

Sincerely,

Lasha Gavasheli
on behalf of group

Kym, flyingkites59@hotmail.com
Posted 15/7/2001 10:48 AM

I see these other queries are old but ...

Do you know if any Georgian wine is imported to Australia yet?

thanks
Kym

Investing in Wine

Albert Sharpe, asharpe@uk.now.com
Posted 8/3/00 10:06 PM

To whom..

I would be very grateful if you could furnish me with any facts and figures relating to investing in wines. If not could you point me in the direction??

Looking forward to hearing from you,

Albert Sharpe

Mr Peter Bolitho-Taylor, peter@discover-media.co.uk
Posted 21/9/2000 2:12 AM

Please could you send me any info with regards to investing in wines.

Kindest regards

Peter

Enrique Ugarte, ugartee@logica.com
Posted 6/12/2000 7:16 PM

What is the value of the Australian wine investment market?
How may I find out?

Please send us your comment

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It was originally posted on 30/8/1998; 8:54:53 PM.
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