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Fine Wine


It looks like the younger generation is developing a taste for fine wine.

According to new research from the Wine Market Council millennials drank 42% of all wine sold in the U.S. last year. That is higher than any other generation. The report found that the group, defined as people between the ages of 21 and 38 averaged two cases of wine per person. And with 79 million Americans landing in that age range, that's more than 150 million cases of wine.  read more »

Uncorking a Great Deal

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Despite the bad economy there are some good deal to be found, is you are willing to take a taste.

This weekend more than six hundred and thirteen lots of fine wine are up for auction at Christie's Auction House in New York. Wine consultants everywhere are calling this the best time for collectors because of the deals available, and the lower prices are bringing out the buyers. Last Saturday's Sotheby's auction brought in $2.9 million dollars, way above the presale estimate of $1.8 million. Consultant Judy Beardsall says fine wine is a great long term investment. Beardsall says wine collecting is a lot like gardening and now is a great time to turn over the soil and lay down some stock.  read more »