On
June 15th, WineGavel will open its anticipated monthly auction with
new lots of rare and fine wines that will tickle the taste buds of collectors
everywhere.
Investments
in wine are becoming more popular because the investment can net high returns
in the future. The cost for the best vintages rise as the supply gets more
scarce.
The
most common wines for investors are the "Big Five"; the premier cru
from Bordeaux, Haut BrionLafite Rothschild, Latour, Mouton Rothschild, and Margaux.
Prices
for first growths have also skyrocketed recently in the Chinese market, partly
due to regulation. Hong Kong scrapped all duties on wine and beer, instantly
making it the new global hot spot for wine companies. Now, nearly all the major
industry players have an office there.
WineGavel's
June auction will feature several vintages from the "Big Five as well as
other highly collectable wines from different regions. Every bottle offered is thoroughly inspected
to be of sound provenance and wines can ship within 5 days of invoice close.
WHO: WineGavel
Fine Wine Auctions
WHAT: June
Online Auction
WHEN: Open
for bidding Friday, June 15th through Saturday, June 30, 2012
(bidding will close at 7pm)
INFO: Visit www.winegavel.com, call 800-774-2130 or
email customerservice@winegavel.com
PRESS: Contact the Larose Group at
650-548-6700 or via email at lrosinski@prmagic.com
About WineGavel Fine Wine Auctions
WineGavel is a specialty auction house based in San Francisco, California
SOURCE:
http://www.campdenfb.com/article/wine-returns
