Insider Tips for Buying Wine Collectibles Online Mon, Dec 18, 23 When considering buying wine for both enjoyment and potential financial gain, it's important to recognize that not all wines are suitable for investment and appreciation in value. While searching for wines to buy, consider the following tips, provided to you by our online wine store, Rollers Wine & Spirits. Choose a Trustworthy Wine Store When investing in fine and rare wines, it's crucial to patronize reputable sources renowned for their credibility. Several online wine sellers provide valuable information about retailers and consolidate wine offerings to help you discover exceptional deals. While auctions can be an option for wine purchases, bear in mind that they typically impose a buyer's premium of 20-25% in addition to the winning bid. It’s also important to ensure the seller is reputable. Purchase in Cases When buying wine, think about acquiring it in case quantities (which may come in multiples of 3, 6, or 12 bottles). Keep the bottles within their cases and consider purchasing an additional one or two bottles of each so that you can savor the wine yourself and observe how it ages over time. Maintaining the wine in its original case can enhance its value, as many purchasers prefer it that way. If you opt for larger quantities, make sure you grasp the wine's optimal drinking window, allowing you to either enjoy it or sell it when it's at its peak and not past its prime. Purchase the Big Names Out of more than 2 million wine producers, approximately 500 produce wines that genuinely qualify as investment-worthy. While it's advisable to invest in wines from renowned regions and established producers, don't overlook the emerging regions where you can discover hidden gems at reasonable prices. Remember that wine is intended for enjoyment, so acquire wines that align with your personal taste preferences and explore varieties that you might not have considered before. Use the Three-Tier System For those who enjoy consuming wine while also seeking potential investment opportunities, adopting a three-tiered cellar strategy could be beneficial. Tier 1: Reserved for wines that you frequently enjoy and intend to consume regularly. These wines are meant for consumption and are typically more budget-friendly. Tier 2: Dedicated to wines that offer the possibility of appreciating in value, yet they are reasonably priced, allowing you to indulge without regret. Tier 3: Reserved for wines with genuine investment potential. These bottles should be set aside for several years before considering whether to savor their contents or sell them. Do Your Research In France, wines frequently participate in the en primeur system or futures market. These wines have been harvested and are currently maturing in barrels, with merchants selling them under the understanding that they won't be delivered for a minimum of two years. Investing in wine futures demands both patience and thorough research to gain a comprehensive understanding of the producer and the historical pricing trends. Buy Wine from Our Online Store Today Rollers Wine & Spirits has a wide range of high-quality wines to purchase for both your enjoyment and potential investment. Browse through our selection online today or visit one of our locations! By Paige Lorberbaum