Record Breaking Comet d’Yquem
There is also the undeniable fact that Yquem is a very good investment – a similar bottle sold in 2005 for around £35,000 and one in 2007 for around £50,000. I’ve no idea what it cost originally but it’s price has certainly soared since Robert Parker gave it 100 points when he tasted it in 1996. Most ‘savvy’ wine investors have a little Yquem in their portfolios, sometimes up to 10% (see wine investment blogger Jackson Taylor’s portfolio composition here).
Personally I am all for drinking Yquem at every opportunity (especially with oysters) but I have been known to sell some of the wine I have accumulated over the 30+ years I have worked in Bordeaux. There comes a point when a wine becomes worth so much that you begin to calculate what else you might be able to buy with the money if it were sold. Often I reinvest in more wine but sometimes more prosaic bills have to be paid.
At Bordeaux Gold we have just become members of the Liv-Ex fine wine trading exchange and would be happy to help anyone wishing to sell any wine they hold. Working through Liv-Ex your wine would be visible to virtually all the major buyers across the world, often leading to a better price than would be achieved at auction taking commission into account. Contact Steve by email at email@example.com if you are interested in finding out more.
Finally, I am especially delighted that Yquem from a ‘Comet Year’ should become a world record holder. Anyone who has read my vintage reports know what emphasis I put on the weather and the ‘Great Comet of 1811’ which was visible for a record 260 days was particularly beneficial for wine-makers. I remember an amusing film called ‘Year of the Comet’ which was all about a record breaking bottle of wine from 1811 – I must track a copy down. Bill Blatch
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