News & Updates

The Live-ex Fine Wine Exchange and Cellar Watch tool

July 27, 2020 by Kennards Self Storage

The fine wine exchange by Live-ex offers wine collectors and merchants a powerful platform to buy and sell wine to a global customer base. With members in 33 countries, it claims to represent 75% of global fine wine turnover.

The Liv-ex Fine wine index claims to be the global authority on fine wine pricing. The volume of transactions provides a credible reference point of the value of wine.

The mix of wine in the index reveals a European bias in the data, which consists mostly of Bordeaux wines with 95% of the data represented.

The latest data on the index shows a correction from a peak in May 2011. The data tracks back to 2007. Does the recent correction shown on the Liv-Ex Fine Wine 100 index represent a buying opportunity? It appears a bubble may have burst again. After 2008, there was a correction before resuming strong growth, now in late 2011 it appears to be happening again.

In addition, Liv-ex have developed a valuation tool they call ‘Cellar Watch’. This allows up to date valuation of a wine collectors cellar. The ability to track historical value and change. This could be a useful tool for people who collect wines similar to their index.

To learn more about Cellar Watch go here

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