Investment wine, like gold bullion, rare coins, fine art, and collectible trading cards, is an alternative investment other than the traditional financial holdings of stocks, bonds, cash, or real estate. While most wine is employed as a consumable beverage, some wines are purchased with the intention to resell them at a higher price in the
Storage is an important consideration for wine that is being kept for long-term aging. While most wine is consumed within 24 hours of purchase, fine wines are often set aside for long-term storage. Wine is one of the few commodities that can improve with age but it can also rapidly deteriorate if kept in inadequate
Alcoholic beverages were made by indigenous peoples of the Americas before the Age of Discovery. Indigenous peoples are known to have used maize, potatoes, quinua, pepper tree fruits and strawberries to make alcoholic beverages. Despite the existence of species of the vitis genus (to which Vitis vinifera belongs) in Venezuela, Colombia, Central America and Mexico indigenous peoples did not ferment these species and therefore did not make wine.
In ancient times, the reputation of a wine depended on the region the wine came from rather than an individual producer or vineyard. In the 4th century BC, the most expensive wine sold in Athens was that from Chios, which sold for between a quarter of a drachma and 2 drachma for a chous worth—about
Riesling has a long history, and there are several written references to the variety dating from the 15th century, although with varying orthography. The earliest of these references dates from March 13, 1435, when the storage inventory of the high noble Count John IV. of Katzenelnbogen in Rüsselsheim (a small principality on the Rhine, close
Fruit wines are fermented alcoholic beverages made from a variety of base ingredients (other than grapes); they may also have additional flavors taken from fruits, flowers, and herbs. This definition is sometimes broadened to include any fermented alcoholic beverage except beer. For historical reasons, mead, cider, and perry are also excluded from the definition of
Wine is usually made from one or more varieties of the European species Vitis vinifera, such as Pinot noir, Chardonnay, Cabernet Sauvignon, Gamay and Merlot. When one of these varieties is used as the predominant grape (usually defined by law as minimums of 75% to 85%), the result is a “varietal” as opposed to a