SmartMoney magazine published an interesting article today. The main point of the article is that 2009 was a very good year to start a wine collection, because wine prices have come down drastically due to lack of demand resulting from the weak economic environment.
For collectors interested in starting or adding to their wine collection, the article recommends staying away from “mass-produced” wines, and focusing instead on low-production “crafted” wines from Burgundy or Bordeaux. In addition, stick to highly-rated wines produced in celebrated years.
Most importantly, the article recommends paying close attention to “proper wine storage”, which along with the provenance, or history of ownership, can have a surprising impact on value.