On 13th November 2012 the Liv-ex Fine
Wine 50 Index dropped to 293.10, its lowest level for over two and a half
years. Tomorrow marks three months since that date.
Since that low point – which came at the end of four months
of flat-lining – the index has climbed significantly. Yesterday the Liv-ex 50 reached 314.96,
demonstrating a rise of 7.5% in the last three months. Once again, ‘off’-vintage
Firsts are leading the charge, with much of February’s First Growth trade in
2006 and 2008 vintages of Lafite Rothschild (LWIN
1011872), Margaux (LWIN 1012781)
and Mouton Rothschild (LWIN 1013544).