Page 38 - Damianos Sotheby's International Realty Magazine Vol. 3

COLLECT WINE
INVESTING IN A WINE
BUY WITH THE INTENTION OF SAVOURING EVERY SIP
CELLER
Julian Campbell seemed destined for a career focused on wine. “Wine was a big thing at home,” he recalls. “It was always on the dinner table, and I had more than a few epiphanies trying it.”
So much so, in fact, that Campbell became the buyer at Justerini & Brooks, one of the world’s old- est wine merchants, established in 1749. “Wine is
a never-ending subject,” he says. “Every year has a unique proposition. And there’s an infinite amount of wine around the world to buy.”
As much as Campbell enjoys sampling an infinite amount of wine, he specializes in advising Justerini & Brooks’ clients on starting and maintaining a wine cellar. “Collectors put something of themselves into a wine cellar,” he explains, “which is different than those who buy simply to restock their rack.”
Of course, collecting calls for an investment, but not as much as you might expect: £30 to £50 ($40 to $60 U.S.) is a typical price for a “collectable bottle. “The best wines are expensive, like anything in life,” says Campbell. “But the key isn’t price. It’s value. There are plenty of lovely wines at £15 ($19 U.S.)
that will peak in five years.”
By Josh Sims
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