The International Herald Tribune published an interesting article covering the fine wine market over the weekend – 'Wine Investing 2009: End of the madness'.
One of the more intriguing points is made by Alun Griffiths of Berry Bros. & Rudd:
A 32-year industry veteran, Griffiths saw it happen during the 1997-1998 Asian financial crisis. He recalled seeing a case of 1982 Château Mouton Rothschild – "the best wine of that great vintage" – drop to £2,800 from £4,000 in just a few months. That same case today – its contents considered at peak maturity – recently sold for £11,000 at auction.
