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Will English wine become a collector’s item?
Aug 4, 2016
(Decanter) - Fine wine trading platform Liv-ex has recorded its first trade in English wine as more collectors stray from the norms in the secondary market.
Liv-ex said that a six-bottle case of Nyetimber’s Classic Cuvée 2010 had traded on the exchange on Monday 1 August for £120.
It plays into the rising profile of English wines in general and adds to a trend for wines from less heralded parts of the world gaining a foothold in the fine wine market.
But, it remains early days for English wine and the Nyetimber wine purchased on Liv-ex is still available at several retailers.
In the UK, Berry Bros & Rudd this week stocked it for a retail price £26.95 per bottle, Waitrose Cellar was selling it for £31.99 and Majestic was selling the same wine for the equivalent of £36.99.
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