Are You a Wine Collector or a Wine Investor?
What are the Differences Between Collecting Wine and Investing in Wine for a Monetary Return?
The world of wine is vast and diverse. It is peppered with glorious glasses of incredible wines from fascinating regions and grapes. Yet, most people only know about a handful of wines from a handful of places and they stick to those tropes. That is ok. It can be best to stick with what you like and what you know.
If you are a regular wine drinker, you may collect your favorites to have them on hand for dinners and parties. You may bring bottles home from a memorable vacation and purchase special bottles to mark significant occasions. These wines end up in your cellar and become your collection. We collect wine to consume the luscious liquid and to consume the aesthetics that wine provides; the memories, the atmosphere, the elevated dining experiences, and the celebrations. Casual wine drinkers and aficionados alike create collections that are nostalgic. Wine collections are a source of pride, of a certain prestige, and are filled with memories. Wine collecting is emotionally driven. Wine collecting offers pleasure. Yet, collectible wines are not necessarily investment-grade blue-chip wines that offer monetary returns on their original investments.
