This post was originally published on January 15, 2013.
Wine sales have been steadily growing for years, and are expected to continueto grow around two percent in 2018.
With more people drinking wine than ever before, there is also increasing interest in becoming an educated wine collector.
While it may seem like a simple (and fun) hobby, there are actually a lot of important things to know before jumping into wine collecting. By learning the basic facts and best practices first, you can then begin to collect, organize and properly store your wineso your investment remains secure.
Start with these five general tips when you start your collection:
- Buy what interests you. Some people assume the higher the price tag, the better the wine. But, that doesn’t necessarily mean it’s the best or right bottle for you. There are a lot of factors to consider like the age of the wine, the vintage, the vineyard, reviewers’ comments and who might have owned the bottle in the past (source).
- Don’t go overboard. Start small, and your purchases will accumulate. It takes time to build up a collection. Think about what kinds of bottles will add monetary value and what kinds of wineare personally valuable to you. Do you prefer wine from a specific region or country, or would you rather collect bottles based the stories behind them? It’s up to you.
- Remember bottles can come in a variety of shapes and sizes.Don’t let unique bottles turn you offbecause you’re not sure how or where to store them; they can add something different to your collection. There are many different accommodating storage options for wide, tall, long-neck and champagne bottle styles. Also review your bottle closure options. Natural corks, synthetic corks and screw caps all have different effects on wine.
- Document your collection. You should not only save records of your initial purchase(including receipts, auction cards, etc.) so you have proof of value, but also organize your wines properly and create a catalog. The bigger your collection gets, the more you’ll appreciate having an organized reference guide of inventory for easy access.
- Protect with proper storage. Wine is sensitive to a number of factors, including temperature and humidity, light and vibration. If not stored properly, these conditions can cause wine to spoil. The ideal temperature for wine storage is 55-57 F, with humidity between 55-85%. To ensure that your wine remains at the proper conditions, consider storing your collection at an off-site wine cellar.
Treat Your Collection With Care
Collecting wine can be an exciting hobby, with many different personal purchase factors. Whether you find excitement in owning a piece of history, or prefer to have bottles from around the world to enjoy at your leisure, a wine collection is something that evolves over time, and is an investment worth preserving properly.
Are you a wine collector? What are your storage tips for beginners?
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