Wine Cellar Innovations Blog

Wine Cellar Inspirations: Building Your Personal Wine Collection

February 24th, 2021

How do you start building a wine collection? What is supposed to be your ultimate goal? Is it purely for personal consumption and satisfaction or for investment purposes? What is the difference between buying and collecting wine? Let’s explore this in detail!

Building your personal wine collection

Essential things to look out for…

If you’re just buying a bottle of wine, you buy it specifically to drink it. But usually, with a wine collector, they purchase wines not mainly for consumption. The goal is that the wines will appreciate in value over time and can be sold for a profit. However, there are also those who want to just grown their personal collection, with some consumption on the side. Eventually, they may also decide to sell some, but definitely not all of their bottles. Regardless of the end goal, the essential things to keep an eye out for when building a wine collection are pretty much similar.

The first detail to watch out for is the price. Even if you’re a beginner, it is important to pay attention to the price of the wine bottles. Analyze the current retail price, historical price trends, and the auction history of the wines. The cost of making the wine, wine region, and scarcity, and provenance are some factors that can influence the cost. Not all vintages will command a considerable price in the market. You have to be careful in getting your money’s worth.

Tips in building your wine collection

The second detail to get properly acquainted with is pedigree. As a collector, this is knowledge that you need to equip yourself with. You have to trace the wine bottle’s provenance. This includes its source, life cycle, and storage. You will also have to take a good look at the bottle’s pedigree. This would refer to its genetic characteristic, including the conditions under which it was shipped. It also includes the wine cellar conditions.

Last but not the least, you should know the cellar period or drinking window of wines. Keep in mind you are going to be spending good money in building your collection. It would be a complete waste if half or your collection needs to be consumed in a short amount of time. You’ll be forced to either just consume them or sell them at a loss. So even if your goal is mainly to have a personal collection, bear this detail in mind prior to purchasing. For example, wines like Sauvignon Blanc are meant to be consumed just in 1-3 years. But Cabernet Sauvignon bottles can be stored even up to 50 years. Do your research well to build a good mix of bottles with short and long cellar lifespan. ^_^

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