Whether you’re looking at it as a pure investment or are dabbling for a while and want to take things to the next level, wine collecting is serious business. Just one mistake could mean thousands of pounds down the drain, and too many people come in this field uninformed or with unrealistic expectations. However, when done properly, wine collecting can be a great way to store value, make a profit, and also enjoy the beauty of finely aged wines. Here are some essential tips every beginner wine collector should follow.
Store it Right
Before you even start looking into wines, you’ll have to look at how you’re going to store it. While some people may think that building a cellar in their attic might be enough, it’s more complicated than that.
For your wines to be easily authenticated and keep their value, you have to be able to prove things like its wine provenance and be able to prove that the wine was stored in the best way possible. This is why you should have the wine stored by a professional cellar if possible, such as Octavian. It’s a small price to pay to be able to protect your investment.
Try to Stick the Wines you Actually Like
It’s easy to try to go for the latest trend, but it’s always better to go with wines you actually like. At the end of the day, you want to be able to actually enjoy your collection.
Are you more of a classic Old World wine person, like Bordeaux or Burgundy, or do you prefer New World regions like Australia or California? Pick the wines you like and you’ll be more passionate about them and more invested in finding out their specifics. This will make you an expert and better at evaluating the current and future possible value of your wines.
Have a Clear Budget
You don’t need thousands of pounds in order to start a meaningful wine collection. £200 to £300 could be more than enough. It’s really about the type of wines you pick. There are tons of great value picks under the £20 range, especially if we’re looking at New World California wines, like Cabernets, for instance. However, we would say that around £800 would be an ideal place to start, though you can stretch out the spending over the course of a few months. And if you’re lazy to buy wine from the store, you can buy wine online in singapore right from the comfort of your home.
Taste the Wines
We also suggest you start actually learning about wines from a taster’s standpoint. Becoming a wine taster will allow you to really understand what makes a bottle great and which wines are better for aging.
Remember, no amount of aging will make a wine taste better. One thing you could do is find a winery that you like and join their mailing list or wine club. This will allow you to get some experience and invest in great finds as well.
If you’re serious about starting a wine collection, these few tips will be more than enough to get you started. If we were to give you one piece of advice, however, it would be to actually study the history of wines and learn how to understand and appreciate fine wines before you even start.
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