Why Would Anyone Ever Pay $558,000 for a Bottle of Wine?

Discussion in 'Luxury and Lifestyle' started by dealmaker, Oct 15, 2018.

  1. dealmaker

    dealmaker

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    #11     Jan 21, 2019
    Clubber Lang likes this.
  2. #12     Jan 23, 2019
    dealmaker likes this.
  3. Sig

    Sig

    On a slightly related topic....every time I see the limit of 2 bottles of wine on the customs declaration coming back to the U.S. I feel like there's gotta be an arbitrage opportunity given that a bottle of wine could be worth $5 or $500,000 but it's all the same to them.
     
    #13     Jan 24, 2019
  4. mlawson71

    mlawson71

    Is there any kind of investment industry involved with that kind of wine, like there is with expensive art and antiques?
     
    #14     Jan 25, 2019
  5. dealmaker

    dealmaker

    WSJ editor Inyoung Hwang says "In a painful year for stocks, bonds & gold, investments in fine art and wine won out"
     
    #15     Jan 25, 2019
    mlawson71 likes this.
  6. mlawson71

    mlawson71

    Ha! I thought that may be the case.
     
    #16     Jan 26, 2019