Thursday, June 21, 2012

Fine Wine Auctions Offer Unique Investment Opportunities

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. Founded in 2009, the company has conducted more than 150 live and online auctions with a focus on fine and rare wines. In March 2012, WineGavel implemented new ownership and management in order to better serve its valued customers. With the wine department and staff having over 100 years of combined experience in fine and rare wines, WineGavel’s goal is to establish an experience as seamless and fun as possible in ultimately tasting delectable and savory vintages. Every single bottle offered through its dynamic auction format is thoroughly inspected and of sound provenance.

SOURCE:
http://www.campdenfb.com/article/wine-returns