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FatNarwhal · Alternative markets · Wine

Fine wine

A market of a few thousand serious participants, priced in cases of twelve, settled in bonded warehouses, and quoted almost entirely gross of cost. It has had a boom and a twenty-four percent correction inside four years and almost nobody outside the trade noticed either.

The registry

Two spines, deliberately not merged. The Liv-ex Power 100 ranks brands by how much they actually trade; the Liv-ex Classification ranks them by what a case costs. They disagree, and that disagreement is the first thing a newcomer to this market gets wrong.

5 of 55 entries

WineRegionPower 100TierCase (12x75)As of
Chateau Lafite Rothschild
Lafite Rothschild
Bordeaux—Tier 1 · £2,877+£6,4922019-07-01
Chateau Latour
Latour
Bordeaux—Tier 1 · £2,877+£6,2722019-07-01
Chateau Margaux
Margaux
Bordeaux—Tier 1 · £2,877+£6,1622019-07-01
Chateau Haut-Brion
Haut-Brion
Bordeaux#7Tier 1 · £2,877+£5,6502019-07-01
Chateau Mouton Rothschild
Mouton Rothschild
Bordeaux#10Tier 1 · £2,877+£4,8752019-07-01

Case prices are the average trade price Liv-ex published with the 2019 Classification. They are years old and labelled as such. A dash means we have no price we can cite, which is not the same as the wine being cheap.