With more high end wines such as Bordeaux being less available for both wine collectors and wine investing, the wine investment market has become unstable and out of balance. However, even when the wine investment market is down and with us in a time of economic instability, there is still a popular alternative that many wine investors use and that is Champagne. With its light and charming taste and clear cut, sophisticated look, Champagne has always been an extremely popular choice during the times of economic breakdown
Why Should You Invest In Champagne?
There are countless reasons as to why investing in Champagne is a wise move. The first reason is quite obvious; nearly every wine owner and person in the world either knows what Champagne is, what it tastes like, or they have an extensive collection of it. Also, because most brands of Champagne are fairly inexpensive, the bubbly drink is perfect for the financial market. Unlike other wines that will go up and down in the market while decreasing in value, Champagne is better able to keep it’s value, while any type of production or service is brought to a halt should the financial market show signs of failing. In fact, the demand for the sparkling wine has seen a steady increase over the past two years or so; many wine collectors from around the world have started looking into the Champagne market as a source of safe investment.
The demand for Champagne has greatly increased from about 40 million in the 1970s to a staggering 200 million per year, and quite a bit of this wealthy attention is on the vintage versions of Champagne. For example, a bottle of Champagne from the 1990s can easily cost a thousand or more. However, Champagne is a low risk wine, and requires little investment.