Buying Wine Futures
How Does Buying Wine Futures Work?
Wine futures, also known as “en primeur,” is a system that allows wine aficionados to purchase vintages early—before they’re bottled and released to the broader market. This method serves a dual purpose:
- It provides winemakers with capital during the aging process to continue crafting unique offerings.
- It allows connoisseurs to invest in a wine that is highly coveted or will become highly sought after release.
To buy wine futures, you simply need to place an order for the wine you’re interested in and wait for the aging process to complete.
What to Consider When Buying Wine Futures
There are a few factors worth noting when you’re thinking about buying wine futures:
- Due to the nature of the en primeur system, you will be buying wine that isn’t even in a bottle yet; it’s still aging in a barrel.
- The duration of the aging process depends on the wine, the winemakers’ method, and when exactly you bought it.
- In general, these vintages won’t be available to taste for at least 18 to 24 months.
- Generally, you purchase an equivalent volume of a case (6 or 12 bottles) of wine but can then choose which bottle size you would like. For example, six bottles could become twelve half bottles or three magnums for a minimal ‘bottling fee.’ This option is obviously not available when buying wines that have already been bottled.
While it can be a risk, buying futures can allow the average consumer the ability to buy more expensive wines at a reasonable price by investing in the vintage early. The price is set by professionals and critics who have had the opportunity to taste and evaluate the wine following the grape harvest.
Wine Collecting
Buying wine futures can be an excellent way to start a wine collection; the reduced cost gives you the opportunity to buy more bottles. Purchasing these bottles can also ensure you obtain wine from a specific year should you want to remember a special event or anniversary—it’s common to buy wine futures to commemorate retirement, graduation, marriage, and other celebrations.
Availability and Wine Region
While winemakers worldwide can sell wine futures, this system is most prevalent today in Bordeaux. It can also be found in regions such as:
- Rhone Valley
- Napa Valley
- Burgundy
- Piedmont
- Port
Consider exploring the history and grape varieties in these regions to better understand the potential wine futures that might become available.
While investing in these bottles means you have to wait a little longer before your first sip, you can rest assured that we offer doorstep delivery for your convenience. Place your order today and let the anticipation build.