Tuesday, July 22, 2008
The Liv-ex Champagne 25 Index
The London-based Liv-ex Champagne 25 Index, which tracks the price of 25 of the world's most sought-after Champagnes, rose by 27% in the 12 months ending in June. That's against the 8% rise in the Liv-ex 100 Index of top wines (mainly Bordeaux), and the 14.8% drop in the FTSE 100 during that period.
Twelve months ago, a case of Krug 1996 would have set you back just under $3,000 on the auction market, but now it's worth $4,713.40. Louis Roederer Cristal 1989 is now worth 39.1% more than a year ago, bringing in $6,417.90 a case.
Source:Forbes