A vintage year for wine lovers

Collectors and tipplers are having a great time of it. Chris Carter reports

Chateau Mouton Rothschild
Mouton Rothschild produced some of the headiest risers
(Image credit: © Alamy)

Last year was a vintage one for wine collecting. The value of fine wine rose by 13% in the year to the end of June, according to research by analytics company Wine Owners, on behalf of Knight Frank, the estate agency and publisher of the Knight Frank Luxury Investment Index. That was a far better performance than from watches, say, which, as an asset class, appreciated by 5% over the same period, and classic cars, which gained 4%.

Sales of Bordeaux, in particular vintages between 1996 and 2000, have done well as these wines are at a price point where they can be drunk now or squirrelled away by well-off collectors, says Wine Owners’ founder Nick Martin, quoted in The Times. Mouton Rothschild 2016 was one of the headiest risers, gaining 14% in value over the period. Other risers include Dom Pérignon 2008 Champagne, which has risen by 18.5% to £1,680 for 12 bottles, and “Super Tuscan” Sassicaia 2015, up 14.6%.

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Chris Carter
Wealth Editor, MoneyWeek

Chris Carter spent three glorious years reading English literature on the beautiful Welsh coast at Aberystwyth University. Graduating in 2005, he left for the University of York to specialise in Renaissance literature for his MA, before returning to his native Twickenham, in southwest London. He joined a Richmond-based recruitment company, where he worked with several clients, including the Queen’s bank, Coutts, as well as the super luxury, Dorchester-owned Coworth Park country house hotel, near Ascot in Berkshire.

Then, in 2011, Chris joined MoneyWeek. Initially working as part of the website production team, Chris soon rose to the lofty heights of wealth editor, overseeing MoneyWeek’s Spending It lifestyle section. Chris travels the globe in pursuit of his work, soaking up the local culture and sampling the very finest in cuisine, hotels and resorts for the magazine’s discerning readership. He also enjoys writing his fortnightly page on collectables, delving into the fascinating world of auctions and art, classic cars, coins, watches, wine and whisky investing.

You can follow Chris on Instagram.