BEYOND BUR­GUNDIES

The Peak (Singapore) - - The Hot Seat -

Ac­cord­ing to Wine Searcher, the top 10 wines of Bur­gundy ap­pre­ci­ated in value by al­most 17 per cent last year. While Bur­gundies are still the go-to wines for in­vestors and con­tinue to be a ma­jor area of growth, Wil­liam Kel­ley, a re­viewer for The Wine Ad­vo­cate cov­er­ing Bur­gundy, Cal­i­for­nia Cen­tral Coast and Wash­ing­ton State, pre­dicts a grow­ing in­ter­est in lesser-known pro­duc­ers who also make high-qual­ity wines. “Only six or seven years ago, it was pos­si­ble to buy the Cote-Rotie from Do­maine Gen­taz-Dervieux for US$30 to US$40. Now, a bottle is typ­i­cally US$3,000. But only the as­tute saw that com­ing.”

An­other no­table arena for growth are wines from the best pro­duc­ers of Barolo and Bar­baresco in North­ern Italy, which have been rock­et­ing in value for a year or two, says Kel­ley. He also col­lects wines from pro­duc­ers who no longer make wine due to re­tire­ment or demise, for in­stance the wines of Henri Jayer and Jacky Tru­chot, as these gen­er­ate ex­tremely high de­mand.

De­spite the promis­ing tra­jec­tory in the wine world, he cau­tions: “Valu­able and col­lectible wines are in­creas­ingly priced at mar­ket value when they leave the pro­duc­ers, so it’s not as easy to make large and guar­an­teed prof­its as it was a few years ago.”

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