Page 10 - Reside Magazine Lusk Associates
P. 10

Up Front


         WINE





























































        Grape Expectations                    There aren’t many collectibles that are as   but now so much collecting is producer-
                                              delightful to consume as they are satisfying   driven. People will follow, say, Christophe
        Wine collectors may be buying         to amass, but wine is special, in the glass    Roumier or Jean-Marc Roulot,” says Lukas
        up Bordeaux and Burgundy,             and in the cellar. And this is a great time to    Dempsey, AVP in wine at Sotheby’s.
        but they’re also seeking out          be a wine collector, as commercial interest    This approach is true of Barolo, too.
        suitable spaces to store their        in the area continues to grow.       “Collectors are becoming more particular,
        liquid investments                       Wine collecting is also evolving. Whereas   wanting Vigna Francia by Giacomo Conterno,
                                              Bordeaux used to be the collectors’ darling   for example, or certain wines by Bruno
                                              (and is still the backbone of most good   Giacosa,” says Richard Young, Sotheby’s
                                              cellars), there is now a thirst for Burgundy   head of auction sales in fine and rare wines
                                              from oenophiles that, given the small   for the Americas. “Maybe these clients             Photos: Dan Meyers/Unsplash, Edalin/iStock.
                                              quantities available, is almost impossible    are more and more educated—or else they
                                              to assuage. And not just any Burgundy.   have that geeky side we associate with
                                              “Collectors used to place more emphasis on   Burgundy, where collectors enjoy
                                              the Grands Crus or the famous appellations,    understanding specific plots.”


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