Wine collector? Some things you should know
You can make money by storing wine. It has become very trendy and popular to have own and trade fine wines. Some of the best wines are made from Pinot Noir Grapes. Pinot noir thrives in France's Burgundy region, particularly on the Cte-d'Or which has produced some of the world's most celebrated wines for centuries. Burgundy wine is considered by some to be the finest wine because of the high quality Pinot Noir Grapes. They are also among the most expensive wines in the world. They can be described as varied, complex, human, and sophisticatedly homely. They are highly regarded because of historical tradition, and arguably because they transmit well the flavor of the land, what the French call terroir. Merlot is another type of wine derived from the merlot grapes its flavor that ranges from purple plums to red cherries. The best Merlot wine comes from Bordeaux, France and some Israeli-wines in the Middle East. In fact Merlot plantings in many vineyards around the world now outpace those of Cabernet Sauvignon.
In these type of wines can appreciate over time at a very high rate. One can make money, lots of money just by buying wine and waiting. Sounds easy? It isnt.
Firstly you need to choose a wine that will age and improve with time. Some wines are so exquisite that just owning them without ever drinking them is enough. In fact the most expensive wine in the world if consumed would probably kill. That would be the 1787 Chateau Lafite Bordeaux that sold for $160,000. That would be about $40,000 a glass about $10,000 a gulp. That is if you were crazy enough to open and drink the wine. Even the best wine does not last more than 50 years. So you could buy a bottle of a 2001 Bordeaux for $200 and in 5 years the bottle could be worth $1,000. A great investment by any standard. Thats the relatively easy part. Buy the wine and then store it. Right? Wrong.
Storing wine is not as easy as it used to be. People often had natural cellars where wine could be stored away from sunlight in a cool damp place. This was optimum for the proper storage and aging of the wine. Those natural ways of storage are mostly unavailable and companies have even sprung up that imitate perfect wine storage conditions. They either sell small refrigerators or sell space in a large wine warehouses. These wine storage companies are doing brisk business as many investors are buying quality wines both for business and pleasure.
Bottom line its a great hobby that can make someone lots of money.
David Feller
Original source: http://www.articlesbase.com/wines-and-spirits-articles/wine-collector-info-351118.html
