2024's Fastest Appreciating Wines Revealed by The Wine Market Journal VANCOUVER, Wash. , Dec. 31, 2024 /PRNewswire/ -- The Wine Market Journal, the world's top resource for rare wine valuation, has released its list of the top appreciating wines for 2024.
"Two thousand twenty-four was a challenging year for much of the alcohol industry, but high-end wines provided a bright spot, as they generally do, with good strength. The Wine Market Journal has been tracking the values of wines at the world's auction houses since 1997 and this year we decided to release our list of the top appreciating wines," says David A. Parker , Publisher and Owner of The Wine Market Journal.
"With wine collecting proving to be one of the most popular hobbies in the country and a large portion of High Net Worth families listing a wine collection as a part of their investment portfolio, we thought this very eventful year would be ideal to start our Top 10 list of appreciating wines. Looking at these provides a glimpse into the fascination and the potential return the hobby brings." "Putting this list together took substantial thought and analysis" said Peter Gibson , Editor and head data analyst of The Wine Market Journal.
"Since rare wines trade less frequently than stocks, we had to first be sure there were enough trades in both 2023 and 2024 to get consistent averages. For wines less than 25 years old, we made sure a wine had at least 6 trades in each of 2023 and 2024 and an average price of at least.
