Langtons announced today that it will launch its inaugural Classification of International Wine later this year.
The Classification of Australian Wine has been a trusted guide for benchmarking local wines in the fine
wine market since 1990.
“Australian wine palates are diverse and ever-expanding, with international wines holding an established presence in the collections of the country’s top wine drinkers," says Langtons GM Tamara Grischy.
wine market since 1990.
“Australian wine palates are diverse and ever-expanding, with international wines holding an established presence in the collections of the country’s top wine drinkers," says Langtons GM Tamara Grischy.
"The Langtons Classification of International Wine will be a vital resource for these collectors by highlighting the finest global wines that drive the Australian auction market."
Set to be unveiled in early August, the Langton Classification of International Wine will feature a
collection of 160 wines from across the world’s top wine regions in France, Italy, New Zealand, US, Spain, Portugal and Germany ( but surprisingly not Argentina, or South Africa).
The list has been developed through secondary market auction data collected over the last five years from every international bottle that has been traded through Langtons.
Just like its Australian counterpart, the Classification of International Wine is not based on opinion, wine show medals or scores, but data reflective of the country’s top fine wine collectors.
“We look at every bottle of wine internationally that’s sent into Langtons," says Langtons head of auctions Michael Anderson. "This includes aspects such as a wine’s previous bidding history; its clearance rate; and changes to its current value versus when the wine was bought.”
“We look at every bottle of wine internationally that’s sent into Langtons," says Langtons head of auctions Michael Anderson. "This includes aspects such as a wine’s previous bidding history; its clearance rate; and changes to its current value versus when the wine was bought.”
The purpose is two fold. First, it will provide insights into the secondary market trends to assist those avid investors and collectors of fine wine, and secondly it will also act as an authoritative guide for those in search of a high-quality international wine for enjoying now.
Anderson says that the Classification of International Wine will feature a mix of hard to find cult classics and established titans of the fine wine trade, indicating new shifts in the fine wine space.
See langtons.com.au.
Anderson says that the Classification of International Wine will feature a mix of hard to find cult classics and established titans of the fine wine trade, indicating new shifts in the fine wine space.
See langtons.com.au.
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