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World's most coveted champagnes
The World's Most Coveted Champagnes
provided by cocktailsandwines.com
Forbes.com used data from the Liv-ex 25 Index on Liv-ex.com, the London International Vinters Exchange, an electronic marketplace for traders in fine wine. The index tracks the prices of 25 of the world's most sought-after Champagnes. The prices were tracked between the June 30, 2007 and June 30, 2008, for cases of 750-milliliter bottles of the wines in Good Condition and packaged in their original cases.
No. 1: Krug 1996
Price: 2,350 pounds ($4,713.4)
Twelve-Month Gain: 56.7%
No. 2: Krug 1985
Price: 2,340 pounds ($4,693.4)
Twelve-Month Gain: 52.4%
No. 3: Krug 1990
Price: 2,200 pounds ($4,412.5)
Twelve-Month Gain: 51.7%
No. 4: Krug 1988
Price: 2,400 pounds ($4,813.5)
Twelve-Month Gain: 50.5%
No. 5: Krug 1995
Price: 1,395 pounds ($2,797.8)
Twelve-Month Gain: 46.8%
No. 6: Louis Roederer Cristal 1996
Price: 2,500 pounds ($5,014.2)
Twelve-Month Gain: 42.9%
No. 7: Dom Perignon 1996
Price: 1,700 pounds ($3,409.7)
Twelve-Month Gain: 41.7%
No. 8: Dom Perignon 1982
Price: 2,400 pounds ($4,813.6)
Twelve-Month Gain: 41.6%
No. 9: Salon Mensil 1996
Price: 1,768 pounds ($3,545.9)
Twelve-Month Gain: 41.4%
No. 10: Louis Roederer Cristal 1989
Price: 3,200 pounds ($6,417.9)
Twelve-Month Gain: 39.1%
The World's Most Coveted Champagnes
07.18.08, 6:15 PM ET(Forbes)Next time you need to celebrate, pop open the Champagne--or perhaps, don't. The bubbly might provide a much more valuable experience if you keep the cork in the bottle and sell it at auction.
Why? While global equity markets have been tanking in the wake of the subprime crisis, the price of a case of high-end bubbly is surging.
The London-based Liv-ex Champagne 25 Index, which tracks the price of 25 of the world's most sought-after Champagnes, rose by 27% in the 12 months ending in June. That's against the 8% rise in the Liv-ex 100 Index of top wines (mainly Bordeaux), and the 14.8% drop in the FTSE 100 during that period.
In Depth: The World's Most Coveted Champagnes
Twelve months ago, a case of Krug 1996 would have set you back just under $3,000 on the auction market, but now it's worth $4,713.40. Louis Roederer Cristal 1989 is now worth 39.1% more than a year ago, bringing in $6,417.90 a case.
Behind The Numbers
It's a simple case of demand outstripping supply. People are quick to glug Champagne as soon as they buy it, according to Justin Gibbs, the director of the London International Vintners Exchange, an electronic marketplace for trading in fine wine. While top Bordeaux reds are typically laid down for 20 years, Champagne is ready to drink as soon as it lines store shelves--and often is.
People tend to drink Champagne quickly," says Gibbs. As a result, a vintage can become scarce within a couple of years of being released by the producer. As the supply of the highest-quality Champagnes declines, the price quickly rises.
So a small surge in demand, such as someone looking for merely a case or two for a wedding, can drive the price up dramatically on what few cases remain after the initial release.
There's the "bling" factor, too, which is adding to the appeal and driving up the price of the finest Champagnes. "Champagne is what is drunk in the casinos of the world, on the yachts of Russian oligarchs and by footballers' wives, so there is an element of flash money about it," says Gibbs.
Bordeaux Stays Strong
Driven by this demand, the price of Champagnes such as Krug, Dom Perignon and Louis Roederer Cristal have soared over the past year, overtaking the big names of Bordeaux as an investment, at least for the time being. While Bordeaux prices skyrocketed from the strong vintage in 2005 and then held steady on the 2006 wines, the 2007 vintage is considered a weak one, so some interest has waned--and turned to Champagne instead.
Still, it's Not Enough to lure leading wine funds away from their traditional staple investment of Bordeaux red. "Historically, claret [the British term for Bordeaux red wine] has performed much better than Champagne, and we would expect that to continue," says Will Beck of London-based Wine Asset Managers, which does not currently invest in Champagne.
"It just so happens that claret is taking a breather after an incredible performance in the two previous years, while Champagne has enjoyed a relatively good year in terms of performance." Wine Asset Managers' Fine Wine Fund, available to individual investors, has returned 46% since it was established in 2006.
Scarce Supplies
While Champagne valuations may be driven up by consumption, the price of fine Bordeaux red is driven only in part by the scarcity of supply. Château Lafite Rothschild, for example, produces around 17,000 cases a year; while it is expensive, it costs significantly less than the wine of Château Petrus, which produces no more than 2,500 cases each year.
The figures on Champagne production are harder to come by because the houses are less forthcoming with information. This is one reason asset managers such as Beck are more comfortable investing in Bordeaux red, since the châteaus that produce them are open about their production figures. "There is a lot more transparency about claret," Beck says, "and we can work with a finite production figure for each year."
What wines Are You investing in or collecting? Add your thoughts in the Reader Comments section below. Peter Lunzer, a wine adviser at the London-based Wine Investment Fund, agrees that--for the moment, at least--Champagne, which is only just beginning to emerge as an investment vehicle, is a more risky alternative to claret. "One of the reasons we invest in Bordeaux," he says, "is that unlike with Champagne, there is a lot of international data on how prices have fluctuated over the years." However, some say the tide may be changing. "There are a group of investors who feel that there is only one way that Champagne prices are headed, and that is up," says Geoffrey Troy of New York Wine Warehouse, the North American auction partner for wines at Christie's. "We are beginning to see a number of serious wine collectors who are buying serious amounts of Champagne as an investment." The Houses of Louis Roederer
A passion for great wines and a desire to compensate for the limits that the "château policy" naturally imposes on the development of Louis Roederer Champagne have, over the years,driven Jean Claude and then Frédéric Rouzaud to acquire an exclusive group of properties
around the Champagne House in Reims which, although managed truly independently, share the same philosophy of excellence, and today make up the "Louis Roederer Group". It comprises Roederer Estate and Scharffenberger, both in California, Champagne Deutz and Maison Delas in the Rhone Valley, Ramos Pinto and its vineyards in Douro, Portugal, Les Domaines Ott* in Provence, and Château de Pez and Château Haut Beauséjour in Bordeaux (Saint Estéphe), which were joined at the end of 2006 by Château Pichon Longueville Comtesse de Lalande (Pauillac) and Château Bernadotte (Haut Médoc). Louis Roederer also has an equal share with the Duclot Group in the Maison Descaves in Bordeaux.
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blogger : http://champagne-de-reims.blogspot.com/
Website Link : http://cocktailsandwines.com/360Bev.Champagne.htm
About the Author
Cyrus | Wines & Spirits | Cocktails and Wines | Cocktailsandwines.com
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Integrating Corba and Com Applications $3.98 A marriage made in heaven . . . Learn to write COM programs to work with CORBA. As it stands, there are two core approaches to distributed objects: OMG's server-side standard, CORBA, and Microsoft's client-side stronghold, COM. The trick for programmers looking to simplify and increase flexibility in their systems is to get these two approaches to work together. Expert help is now available in this practical guide to writing programs that take advantage of the strengths of both industry standards. The authors describe exactly how to write hybrid programs, build real-world systems using COM with CORBA, partition applications, and write COM clients that use CORBA objects and services. The book also discusses key traps and pitfalls to avoid and advises readers on the best solutions to common programming problems encountered when integrating these approaches. Companion Web site includes all source code and demonstrations of applications discussed in the book. |
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Christians in a .com World $6.48 Noted culture critic Gene Veith and Chris Stamper, a leading voice in modern technology, want to help you understand the significance cyberculture has for us as Christians. The authors tackle the current controversies, including censorship, the possible demise of print, and how it all ties into postmodernism. As they challenge the myths, probe the weaknesses, and reveal the possibilities of this new and continually developing medium, you will become an informed and discerning traveler on the information highway. One who understands the cultural and worldview implications of the Internet and who knows how to be wired to it but not entangled by it. |
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The Dot-Com Decision $16.98 Even though there has been a shake-out in dot-com start-up world, dot-com and other new technology companies will continue to play an important part in the economy. The interest is not going to go away, and as dotcoms become smarter about business strategy, they are likely to become an ever more attractive lure. Internet and new economy companies have an unquenchable need for talent, and executives and managers up and down the corporate ladder are being tapped to leave their dress codes behind for a chance at future millions. And MBA's are faced with the same opportunities. Internet and dot-com companies are exciting - the last frontier - Business Week calls it "the adrenaline rush." And in the battle to keep their managers and executives on-board, traditional companies are becoming more and more flexible and competitive. Sabbaticals, more casual-dress days, and free cappuccino are becoming commonplace. All in the attempt to stave off the headhunters who are combing the woods, searching high and low for heads to fill key tech slots. In this buyer's market, talented employees are often faced with a tough choice. It's the Dot-Com Decision. Can you afford to make the lead into the new economy? Can you afford not to? Maybe you are well-compensated, but have perhaps plateaued in the traditional company hierarchy; will a dot-com give you your only shot at running your own show? You've got a mortgage and can't risk your steady paycheck; how do you evaluate compensation packages - and company health - to judge if the dot-com can meet your bottom line? You know exactly what your skills and strengths are in your traditional company position; how do you know what kind of Internet company would be best for your area or expertise? You've worked in a traditional company for over ten years; will you be able to survive the culture shock - or will you embrace and thrive with a change of pace? This book provides readers with the tools and strategies necessary to make sure the Dot-Com Decision they make is the right one. |
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karlmarx. com $3.98 Ella Kennedy may not be perfect, but she's smart, she's dedicated, and she's finally managed to find a fascinating thesis subject in the morass of Marxist political theory: Eleanor Marx, the youngest daughter of Karl and a bright light in the Marxist movement, who famously declined after a disastrous love affair. With tenacity, with vigor, Ella Kennedy, Ph.D. student extraordinaire, begins delving into the world of Eleanor just as she takes a job setting up a Marxist mail-order catalogue at the fledgling Institute of Thought in Washington, D.C. -- a veritable three-ring circus. When Ella's own life begins to parallel Eleanor's -- right down to the domineering father (Ella's is known as the king of discount merchandising) and the distant yet brilliant lover -- the theoretical, the political, and the personal collide in a hilarious romp of a novel. Wacky, heartwarming, and deliciously smart, this novel of heartbreak and hilarity on the doctoral circuit is the intersection of Laura Zigman, Nora Ephron, and Richard Russo. |
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Crush Dot Com $16.48 “Crush Dot Com is a delicious, wild ride through New York City's singles scene. The story delivers both a poignant and hilarious commentary on our universal fear of loneliness and under-achievement in today's complex society. What an enjoyable read!” —Robin Slick, author of Three Days in New York City. about crush dot com: When Brooke Hill, an employee for The Stitch, is unexpectedly dumped by her boyfriend, she turns to her dating savvy co-workers for solace. Their advice? Become a member of Crush.com, the city's most popular online personals site. What follows is Brooke's journey into the new and daunting world of Internet matchmaking, an exploration of how friendships change with job titles, an expose of the “cat-eat-cat” fashionista milieu, and of course, the quintessential love story. |
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Theatre Sources Dot Com $3.98 A rich variety of theatre and dance materials exists in the cyber world, there for the taking if only you knew where to look. Now you do - with this personal, friendly, and thorough guide through the cyber maze and an accompanying website that offers immediate access to the information you're searching for, whether it's details about auditions and jobs or the policies of the U.S. Copyright Office. Louis Catron has carefully combed the Web to locate the most helpful sites - more than 750 for U.S. and Canadian theatre and dance professionals. Beginning with search basics, his book covers every theatrical interest area from playwriting and dramaturgy to scenery and sound. Each chapter provides not merely a list of relevant websites, but detailed annotations on each one, with helpful guides to let you find your way. Included are more than forty sites listing theatre jobs, almost ninety for acting and dancing, close to two hundred for design and tech, and much, much more for choreographers, directors, and theatre and dance art managers, too. Many of these sites contain links to yet other pages that can double or triple your access to valuable e-destinations. All the research has been done for you so you can easily use the Web for your personal interests.For purchasers of Theatre Sources Dot Com, a dedicated website () will provide direct links to all of the sites featured in the book and will be regularly updated to keep track of changing URLs and down sites.Uncover locations and information you didn't know existed. . . . Enhance your career or entertain yourself with the latest online news. . . . Surf the Web with your invaluable companion, Theatre Sources Dot Com. |




























































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