“Collectibles - Investing, Collecting, Dealing, News, Auctions and much more”

The Internet's Most Popular Collectibles Newsletter

FREE REPORT: Sign up for your free newsletter for exclusive news and expert opinion and receive your free report as seen on MSN Money: "The Secret Index" +14.84% increase per annum

Sign up for your FREE newsletter

Current location: News | WINE, WHISKY & SPIRITS

domaine de la Romanee Conti

Liv-ex DRC Index up 9.1% in 12 months as Burgundy booms

With the Liv-ex 50 falling, the DRC Index shows an upward climb led by Romanee Conti


The respected Liv-ex DRC Index has consistently outperformed the Liv-ex 50 Bordeaux index since 2011, as Burgundy wines fast become the collector's favourite.

Liv-ex DRC index July 2011 - July 2012
Bordeaux's fall is paving the way for wines from different regions


The DRC Index tracks the price movement of recent vintages of the estate's leading crus, and has increased in value by 9.1% since July 2011. The rise has been led by the auction favourite, Romanee Conti, whose 2003 vintage has shown a dramatic 24% increase within the year, while the 2008 is up by 15%.

The impressive movement seen by the DRC wines stands in contrast to that of the Liv-ex 50 Index, which tracks the last 10 vintages of the five Bordeaux First Growths. The index has fallen by 30% in the same period, with its market share down to 85.7% - the lowest figure to date. Meanwhile, Burgundy now holds a 4.7% share in trade, up from just 0.8% in June 2011.

As Bordeaux leaves space in the market, we are now seeing strong increases for wines from different regions. Italy held a 2.7% market share in June 2012, with the Super Tuscan 50 Index - which is composed of the last 10 vintages of Masseto, Tignanello, Sassicaia, Ornellia and Solaia - outperforming the Liv-ex 50 since June 2007 and seeing a five-year return of 76%.

The strong performance of the DRC Index re-affirms the
first-half results posted by wine auction giant Acker, Merrall and Condit, where DRC wines represented less than 3% of all lots in its sales yet brought 15.5% of the overall total.

Paul Fraser Collectibles continues to bring you the latest news and investment advice on wine collecting. Sign up to our free weekly newsletter for more tips on how to improve your collection.
 


Recent and related articles

·  Chateau La Mission-Haut-Brion wine up 15% at Christie's | 11 May 2012

·  Whisky investment on the rise in New York | 5 May 2012

·  Romanée Conti celebrates continued auction success in Boston | 4 May 2012


Your collecting

View our stock items for sale  |  How to start a collection


Guides and analysis

Investing in Wine & Whisky  |  10 reasons to invest in collectibles  |  Market information & demographics


www.paulfrasercollectibles.com

Images: Liv-ex

Last updated: 23 July 2012