The Best Investment Wine for 2012 – Petrus 1989
One of the best fine wines for investment in 2012 to date is undoubtedly the Chateau Petrus 1989. Since the beginning of the global financial turbulences last year, most markets (and countless investors) have endured the negative fiscal repercussions. Consequently, the fine wine market also took a hit; many wines decreased in value, some remained stable, however, a few selected wines still showed astonishing growth.
This environment is referred to as a bearish market, meaning fine wine investment is now a stock-pickers market; whilst not every investment grade wine shows appreciation in value, carefully selected Bordeaux wines will still provide a healthy return on investment, such as the Chateau Petrus 1989.
Chateau Petrus is a Bordeaux wine estate located in the right bank of Bordeaux in the Pomerol appellation, and is considered to be one of the consistently highest quality and most expensive wines in the world. According to experts, Chateau Petrus possesses Pomerol’s unctuous, almost chewy quality of richness and power, but with a rare depth of colour, clarity of flavour and structured pedigree that is unlike anything else.
The vintage in question, Petrus 1989 was also one of particular importance for the Chateau as it scored a perfect 100 out of 100 from the wine guru himself, Robert Parker Jnr. Therefore, the quality and heritage of the Petrus 1989 can hardly be refuted, and it remains to this day an exceptional fine wine of the highest grade.
Stock Performance of Petrus 1989
In January 2012, the Petrus 1989 was trading at approximately EUR 34,000 per case. Please note that we at Bordeaux Traders only deal with fine wines for investment purposes and as such, only provide prices of full cases (OWC) of 12 bottles, in perfect condition. We do not deal with any loose or damaged bottles, US stock or anything else that does not guarantee to be in perfect condition and of excellent provenance. We only recommend stock (such as the Petrus 1989) that fulfils our strict criteria, and shows potential for high capital appreciation.
The Chateau Petrus 1989 was one of our top selections at the beginning of this year. Despite taking a little dip in March and not really finding price stability throughout the past few months, it has climbed steadily and is currently trading at almost EUR 40,000 in the open market. This translates to a staggering 18% capital growth within just 7 months in these uncertain economic times. The graph below illustrates the trend over the last 6 months:
As portrayed above, the Chateau Petrus 1989 has provided clever investors with significant returns in a relatively short period. Whether now the right time to liquidate this position or not is only for our investors to know, but this is exactly what makes us stand out; carefully researched and deliberate stock selection, coupled with market analysis and perfect timing.
The aforementioned factors are absolutely crucial in this highly lucrative, alternative investment market. Which particular wines to buy, where- and more importantly- when to sell can make all the difference for an investor’s portfolio.
Irrespective of the financial environment, selected wines will always increase in value, due to the nature of the fine wine industry. Nevertheless, it requires diligent market research and impeccable timing in terms of procurement and resale – and this is our forte. Make sure to keep an eye out for more of Bordeaux Traders top selections for 2012, and take advantage of the huge potential rewards that fine wine investment has to offer.
Bordeaux Traders - The Fine Wine Investment Brokerage GmbH
Mooslackengasse 17, 1190 Vienna
Phone: +43 676 490 51 19