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Wine Wikipedia. 111" Investment wines" are considered by some to be Veblen goods: those for which demand increases rather than decreases as their prices rise. Particular selections such as Verticals, which span multiple vintages of a specific grape and vineyard, may be highly valued. The most notable was a Château d'Yquem' 135-year vertical containing every vintage from 1860 to 2003 sold for 1.5 million. The most common wines purchased for investment include those from Bordeaux and Burgundy; cult wines from Europe and elsewhere; and vintage port. Characteristics of highly collectible wines include.: A proven track record of holding well over time. A drinking-window plateau i.e, the period for maturity and approachability that is many years long. A consensus among experts as to the quality of the wines. Rigorous production methods at every stage, including grape selection and appropriate barrel aging. Investment in fine wine has attracted those who take advantage of their victims relative ignorance of this wine market sector. 112 Such wine fraudsters often profit by charging excessively high prices for off-vintage or lower-status wines from well-known wine regions, while claiming that they are offering a sound investment unaffected by economic cycles.

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