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The wines that won’t be tasted

Even in tough economic times, the prices of the world’s most sought-after bottles have remained stubbornly high

By Barry Smith   June 2014

How many of the world’s truly outstanding bottles of wine will never be tasted? Too many of them. They become trophy wines, valued not for the purity of their fruit and the development of their tannins, but for their ability to deliver a guaranteed return for an investor. Even in tough economic times, the prices of the world’s most sought-after bottles have remained stubbornly high. As the financial crisis led to a decline in demand for fine wine in the west, Russia, China and India became important regions for collecting and trading.

It is not just collectors and speculators who…

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