{"id":5748,"date":"2022-06-15T19:16:51","date_gmt":"2022-06-15T23:16:51","guid":{"rendered":"https:\/\/www.wtso.com\/blog\/?p=5748"},"modified":"2022-09-12T17:07:35","modified_gmt":"2022-09-12T21:07:35","slug":"factors-to-consider-when-starting-a-wine-collection","status":"publish","type":"post","link":"https:\/\/www.wtso.com\/blog\/factors-to-consider-when-starting-a-wine-collection\/","title":{"rendered":"Factors To Consider When Starting a Wine Collection"},"content":{"rendered":"

People enjoy collecting things, from baseball cards to stamps to wines<\/a>. Wine has a well-documented history, making it perfect for collecting<\/a>. If you think you\u2019re ready to begin building a collection of wines, read up on some of these factors to consider when you\u2019re starting a wine collection.\u00a0<\/span><\/p>\n

Start Small<\/span><\/h2>\n

You don\u2019t need to go large right away. It\u2019s best to start small and slowly build your collection. Talk with wine collector groups, informed people (like WTSO.com’s wine expert\u00a0<\/a>Ed Miciolek), and local auctions to lead you down the right wine collecting path. Remember, you\u2019re not out to impress anyone.\u00a0<\/span><\/p>\n

Have Some Money Saved Up<\/span><\/h2>\n

Wine-collecting doesn\u2019t start and end with wine<\/a>\u2014you also need to invest in insurance, adequate storage, documentation, and security. It can all cost as much as you\u2019re willing to spend. So make sure you have some money saved up first to fund your investment.<\/span><\/p>\n

Keep Track of Your Wine<\/span><\/h2>\n

Your storage system should have an order to it. Keep track of what wines you have and how many bottles, at a minimum. You can use apps and software to do this or log it on paper. If you drink a bottle, mark it off your list and include tasting notes for future reference.\u00a0<\/span><\/p>\n

Routinely Appraise Your Collection<\/span><\/h2>\n

Collector markets are known for rising and falling, which is why you want to keep a record of the value<\/a> of your collection. This is also good to know if an accident happens, as insurance companies will need documents stating the most recent value of the collection.\u00a0<\/span><\/p>\n

Don\u2019t Buy Into The Hype<\/span><\/h2>\n

Buy, store, and drink what you love. Don\u2019t lose sight of your passion for collecting a particular wine because of a trend. You can use a fad to guide you toward a possible investment, but always buy your favorites<\/a>.\u00a0<\/span><\/p>\n

Don\u2019t Over-Handle Your Wines<\/span><\/h2>\n

As badly as you may want to show off your wine bottles, it\u2019s best to let them sleep. Don\u2019t ship them if you don\u2019t have to, and keep handsy individuals away from your precious bottles. If you recently bought a bottle of wine, let it rest for four to six weeks before drinking it.<\/span><\/p>\n

When you\u2019re starting a wine collection, keep these factors in mind<\/span> to ensure a long-lasting, profitable collection. When you\u2019re ready to taste some wines, turn to Wines \u2019Til Sold Out for our <\/span>at-home wine-tasting sets<\/span> and events<\/span><\/a>. Try three of our preferred wines, and then let us supply the others in your collection!<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

People enjoy collecting things, from baseball cards to stamps to wines. Wine has a well-documented history, making it perfect for collecting. If you think you\u2019re ready to begin building a collection of wines, read up on some of these factors to consider when you\u2019re starting a wine collection.\u00a0<\/p>\n","protected":false},"author":14,"featured_media":5755,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[336],"tags":[30,417,761,695],"class_list":["post-5748","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-wine-learning","tag-wine","tag-wine-collection","tag-wine-discount","tag-wine-ideas"],"_links":{"self":[{"href":"https:\/\/www.wtso.com\/blog\/wp-json\/wp\/v2\/posts\/5748","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.wtso.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.wtso.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.wtso.com\/blog\/wp-json\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/www.wtso.com\/blog\/wp-json\/wp\/v2\/comments?post=5748"}],"version-history":[{"count":3,"href":"https:\/\/www.wtso.com\/blog\/wp-json\/wp\/v2\/posts\/5748\/revisions"}],"predecessor-version":[{"id":6052,"href":"https:\/\/www.wtso.com\/blog\/wp-json\/wp\/v2\/posts\/5748\/revisions\/6052"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.wtso.com\/blog\/wp-json\/wp\/v2\/media\/5755"}],"wp:attachment":[{"href":"https:\/\/www.wtso.com\/blog\/wp-json\/wp\/v2\/media?parent=5748"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.wtso.com\/blog\/wp-json\/wp\/v2\/categories?post=5748"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.wtso.com\/blog\/wp-json\/wp\/v2\/tags?post=5748"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}