Champagne Is the New Burgundy for Investors

Unsurprisingly, Champagne is the next big thing in investment, according to Wine Searcher. With the skyrocketing prices of Bordeaux and Burgundy over the past decade, the entry level for wine collectors has become increasingly steeper. Champagne, on the other hand, offers a great alternative. 

“The world’s top Champagne vintages, 1988, 1996, and 2002 have consistently shown great appreciation and continued steady growth over the years,” said Sebastian Woolf, the founder of Woolf Sung. “Over a two year period to August 2014. these vintages have collectively risen 10.2 percent.”

A case of top vintage Champagne costs $2500, which is relatively affordable when compared with exceptional Bordeaux and Burgundy clocking in around $10,000 and $165,000 respectively. “Champagne is released when it is ready for drinking and is therefore rarely stored for long in cellars, vintages then become scarce and prices rise,” says Woolf. Asia’s growing appreciation for fine wine will also broaden Champagne’s prestigious appeal, he added. [Wine Searcher] [Photo: Flickr/Annie Roi]