Monday, July 30, 2012

Old Rare Wine


I often get asked about the value of old, rare, high-end wine, and more importantly, if it’s still drinkable. If purchasing wines like these, one of the key aspects is its provenance. In other words knowing the wine’s origin and source. What’s its history, how was it stored? If closed with a natural cork, was it ever recorked? Any of these issues, if improper, can compromise its stability and value. If purchasing from a producer, reliable retailer or a reputable auction house, this is not a worry. Buying from individuals is another story. Interesting too is the fact that most of these older, rare gems will never be opened to find out if they are still good. Many probably aren’t but they’re worth far more unopened. Rather silly when you think about it, but true!

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