Why Investing In California Wines Makes Sense

by | Jul 20, 2016 | Wine Store

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Wine is not always something to enjoy during a meal. There are collectors who make it a habit to purchase bottles of wine and hold onto them as investments. While investors traditionally have focused on international wines, the concept of choosing domestics for investment has become more common. Here are some of the reasons investing in California Wines makes sense.

An Increasingly Positive Reputation

In decades past, California Wines were considered suitable for certain applications, although many professionals considered them inferior in terms of taste and bouquet. That has changed. Today, wines produced in California are consistently rated among the best in the world. It’s not unusual to find some of the wines will sell at prices similar to those associated with French and Italian wines.

More Interest in the Wines

As the reputation of the wines has become more positive, there is more demand for them. When a winery chooses to issue a limited quantity of a vintage, that automatically makes it worth the cost of purchase. With only so many bottles produced, it’s a safe bet the investor can store the wine under the proper conditions and sell it at a profit several years down the road.

An Inflation Proof Investment

Unlike other types of investments, economic shifts are not likely to adversely affect the market value of the wines being collected. This is important for someone who wants to realize a return on the investment after a certain number of years. As long as the vintage is selected with care and stored properly, the wine variety will command a reasonable return no matter what is happening in the economy.

If the idea of starting a wine collection sounds appealing, why not begin with a look at domestic wines? The team at Towne Cellars Wines & Liquors Inc. can help a novice wine collector understand the basics of evaluating a certain wine, the vintage, and project the potential for that wine to increase in value as the years pass. They can also help an individual who needs something for a special occasion to select wine that is ideal for the event.