Three Tips to Help You Start a Wine Collection

Marc David Broidy holds a BA in theater from Pitzer College in Claremont, California, and pursued a master of fine arts in theater management from Yale University. A resident of Los Angeles, Marc Broidy is passionate about theatre productions, classical music, conducting, and wine collecting.

The collection of wine involves buying a valuable, scarce and delicious product, which you store and plan to sell in the future for enviable profits. To succeed as a wine collector, there are several steps you must take. First, you need to ensure you have a good income to afford a wine collection as you should be able to pay for wine insurance, proper wine storage, wine expert fees, etc.

You then need to find a reliable and trusted source from which to buy your wine collection. There are many individuals and companies that sell and auction counterfeit versions of collectible wines. You have to be careful or you could end up with a worthless wine collection of vinegar; before you pay for any wine, ensure a wine expert authenticates the bottle. Finally, always insure your wine collection from natural disasters, theft, breakage, or anything else that could see you lose the money invested and eventual profits from the wines.