China’s Best Performing Collectible? Wine

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Fine wine has now surpassed classic cars, art, and luxury jewellery to become the world’s best performing collectible, and it’s due in part to the wealthy Chinese. The overall value of collectible wine has been soaring as buying picks up in China.

Collectible wine prices have increased 25% over the past year and are up by 61% over the past five years, putting their rapid increase far ahead of coins, stamps, diamonds, Chinese ceramics, and antique furniture.

Check out the full Luxury Asset Price Growth report.

 

 

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