Tips on Collecting Wine
Head of Langton’s Fine Wine Auctions, Tamara Grischy, shares her tips on collecting wine:
The desire to discover something new is part of the human condition. We are all explorers to some degree, and wine is about discovery – new varieties, new regions and countries, and new friends. Wine allows us to travel the world, and explore differences and similarities by simply opening a bottle.
In a culture driven by food and wine indulgence, the taste experience is becoming more important, even to those who don’t know about wine. Collecting today is not just about financial investment, but building a cellar of wine that gives you pleasure, has a story that resonates, and brings back beautiful memories.
When collecting wines, key points to remember for buying wine that is right for you:
– Buy wines with a story that captures your imagination.
– Invest in wines of exquisite quality.
– Invest in wines with limited production.
– Only buy wines from winemakers and wineries with a good reputation.
– Buy wines with a sense of place and regional provenance.
Other things to keep in mind when building your collection:
– Most importantly, buy what you enjoy and love!
– Know your budget, you don’t have to spend a fortune to build a great collection.
– Do some research to understand the market.
– Buy direct from the winemakers for the best price, and look out for deals.
– Only buy good vintages.
– Beware of Hyperbole – some brands will exaggerate. This is where research becomes key!
– Pay attention to cellaring conditions of the wine you’re purchasing – it’s important to know how the wine was stored and ensure its true provenance as there are fakes and counterfeits on the market.
– Continue to learn, the wine industry is constantly changing – and make sure you read more than one critic’s opinion!
Barossa Wine Chapters Auction
Wine enthusiasts and collectors will have access to Barossa’s most exclusive and rare wines at the bi-annual Barossa Wine Chapters Auction in April, 2017. Presented by Barossa Grape & Wine Association and supported by Langton’s Fine Wines, wines will be auctioned online from 7 to 21 April and the live auction will be held at a special lunch event on Friday 21 April, 2017.
Held at the iconic Chateau Tanunda, the auction will feature rare vertical collections of back vintages, as well as large format and special releases from 59 of Barossa’s most prestigious and distinguished wineries, with a total of 159 lots available online and an additional 30 lots available at the live auction. Lots are valued from $40 up to $54,000, with wine to appeal to everyone from casual wine drinkers to connoisseurs and investors.
Online auction open for bidding from 7 April on www.langtons.com.au
Tickets for the live auction and lunch available for $150 per person: Book Here
Background on Tamara Grischy:
Originally from Port Douglas in North Queensland, Tamra Grischy grew up with restauranteur parents with wine as a part of daily life. After a gap year in which she worked at her parent’s restaurant Catalina, Tamara fell in love with wine after meeting with numerous wine makers and sales representatives of local Australian wineries. Following courses at Roseworthy Agricultural College and Sydney University of Technology, Tamara worked in New Zealand before commencing her 18-year career at Langton’s Fine Wine Auctions, which saw her work across the move from traditional auction house to an online auction service in 2001, as well as a critical involvement in Langton’s integration with Woolworths Group in 2009.
Online Auction Now Open – click here to register & bid