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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.

10 of 55 entries

WineRegionPower 100TierCase (12x75)As of
Tenuta San Guido (Sassicaia)
Tenuta San Guido
Tuscany#2———
Ornellaia
Ornellaia
Tuscany#17———
Masseto
Masseto
Tuscany#21———
Tignanello
Antinori
Tuscany#31———
Solaia
Antinori
Tuscany#41———
Montevertine
Montevertine
Tuscany#53———
Biondi Santi
Biondi Santi
Tuscany#72———
Il Marroneto
Il Marroneto
Tuscany#79———
Soldera Case Basse
Soldera
Tuscany#91———
Valdicava
Valdicava
Tuscany#92———

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.