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Wines Year Description: |
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Updated: 07/07/10
This vintage of Lafite is currently very undervalued in
the market, and this is because recently a major
stockholder in the US – Diageo Chateau & Estate Wines
liquidated their Lafite 2006 stock onto the European
market in 2009. Previously it has already been trading
at over £5500 a case, and considering it has been scored
97 pts by Robert Parker is comparatively cheap when
Lafite 2005 (96 pts) trades at £10500 per case and
Lafite 1998 (98pts) trades at over £6500. In the last 6
months, price has jumped up over £2000 as the market
reacted to this situation and it is definitely a wine
you need to buy on the up, because over the next 2-3
years it should grow in value and has the potential to
return over 50%. Furthermore, there isn’t a safer and
more secure bet when it comes to wine than a Lafite
Rothschild – because of its desirability and status in
the Asian Hub.
This is one of the hottest investments there currently
is in the Fine Wine market, we are being cautious when
predicting a 50% return when it could easily make
returns of 100% over the next 3 years.
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This vintage
of Lafite is currently very undervalued in the market,
and this is because recently a major stockholder in the
US – Diageo Chateau & Estate Wines liquidated their
Lafite 2006 stock onto the European market. Previously
it has already been trading at over £5500 a case, and
considering it has been scored 97 pts by Robert Parker
is comparatively cheap when Lafite 2005 (96 pts) trades
at £8000 per case and Lafite 1998 (98pts) trades at
£6000. In the last 4 weeks, price has jumped up over
£300 as the market reacts to this situation and it is
definitely a wine you need to buy on the up, because
over the next 2-3 years it should grow in value and has
the potential to return over 50%. Furthermore, there
isn’t a safer and more secure bet when it comes to wine
than a Lafite Rothschild – because of its desirability
and status in the Asian Hub.
This is one of the hottest investments there currently
is in the Fine Wine market, we are being cautious when
predicting a 50% return when it could easily make
returns of 100% over the next 3 years. But emphasis
needs to be placed on getting in early, as with any
market prices move quickly and this wine has already
gone up over £300 in the last 4 weeks and with Chinese
New Year around the corner as well as investment funds
picking up 2006 vintages, there could be at least
£500-£1000 to be made in the next two months. When an
opportunity comes along like this you really need to act
upon it to get the most growth possible. |
