However, there is another explanation for fine wine’s stability, aside from tangibility. The Liv-ex 100, denominated in sterling, can play hostage to the gyrations of the currency markets. The pound’s relatively stable performance against the euro in 2018 has been reflected in the benchmark index.
Liv-ex-100 Month-on-Month Movements
Readers should take note that the views of this author represent those of a company with an interest in the wine trade. Liv-ex operates the global marketplace for fine wine. It offers trading, data and settlement services to professional buyers and sellers of fine wine. Private collectors can view Liv-ex prices and value their portfolios using Cellar Watch and find regular market analysis on the blog. The opinions of Liv-ex are their own and do not represent those of Robert Parker Wine Advocate or Wine Journal. Liv-ex contributes articles to Wine Journal that we feel are of market relevance to readers, but we do not specifically endorse this company.
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