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How to Start a Wine Collection?



How to Start a Wine Collection?

 

“We all need something to help us unwind at the end of the day. You might have a glass of wine, or a joint, or a big delicious blob of heroin to silence your silly brainbox of its witterings but there has to be some form of punctuation, or life just seems utterly relentless.”

― Russell Brand, My Booky Wook

 

Collecting things can make a great hobby. Your collection can be your symbol of pride. These collectible items are in different forms. Everybody has their own liking and own level that they can go to complete their collection. Many collections like old paintings, cars, coins, wines, and much more. Specifically, rare wines can make a worthy collection.  A worthy collection totally depends on the amount of time, money, and attention you could put in. There are wines that have sold out for millions of dollars. Just buying wine isn't enough to start a wine collection. Starting a wine collection can be much more expensive and time-consuming than you think. If you want to start a wine collection and make it last, thorough research and expert advice is mandatory. 

 

How to Start a Wine Collection?

Are you sure about starting a wine collection? Well if you are, we have gathered well-researched and educational information just for you. People gather wine for various reasons, convenience, hobby, investment, and much more. Apart from any reason, a wine collection says a lot about the style and class of the collector. 

Well here is your list to look into while starting a wine collection:

 

  • Budget: 

The first and the most important step for a perfect wine collection is to set a proper budget. You might not want any cheap or bad quality wine in your collection but setting a budget will save you from going bankrupt. Spending too much on one bottle or two won't get you too far. Look in for wine that costs from $500 to $2,000 it can get you 50 bottles of good wine. This can be a good start and you can surely go up with the rates on water bottles.

 

 

 

  • Storage: 

Pre-planning a proper place where you can put your collection elegantly and can proudly show it to the world. Look into investing in the home cellar or professional full-service storage, as this can be a much better and spacious option. If you manage it well, a home cellar is a great idea for someone who wants a big wine collection.  

 

  • Collect the Collectables: 

When you're starting a wine collection make sure to collect the most collectible wine. You need wines that are profitable and age-worthy. For buying the wine check the qualities below:

  • That it is most liked and recommended.
  • That it matches your preferences.
  • It must have a great quality to price-quality.
  • Make sure the wine has good aging potential.
  • Make sure that in the near future it will increase in market value.

 

  • Track and Record: 

Keeping your wine collection organized is as essential as any other thing. As you'll start investing in more wine, it will get more difficult to keep track of each bottle in there. When new bottles are added to the collection most collectors forget about the old ones. As you add new bottles it is important to keep the receipt and paperwork for each one of them. Future buyers might want to take a legitimate look into these records before buying them from you.

 

Final Thoughts

Investing and keeping a proper wine collection might not be as easy but it is worthy if you have interest and passion for it. Following this info and getting expert advice can lead to starting a wine collection properly.

“Either give me more wine or leave me alone.”

― Rumi, circa the 1200s

 











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