Episode #599 – From Cellar to Seller: Investing in Liquid Assets

Featuring Benchmark Wine Group CEO David Parker

Over the past year, so much of our conversation has been about coping with COVID-19 and how to continue to enjoy our wine lifestyles while many of our favorite activities remain on hold. While creative new activities like Virtual Tastings serve as somewhat satisfying substitutes for the real thing, many of us are eager to find other creative ways to stay engaged. If you’re looking for something fresh and new to do, we’ve got a heck of an idea to share with on this week’s show.

Did you know that investing in fine wine can help you keep your cellar full to the brim with the good stuff AND can generate a tidy profit, too? David Parker of Benchmark Wine Group is one of the world’s leading experts on fine wine investing. Benchmark Wine Group is the leading source of fine and rare wine for wine retailers, restaurants and collectors around the world. It is the largest online seller of rare wines and is also one of the few California companies to hold auction, retail, wholesale and import licenses. David also heads up the NAWR- National Association of Wine Retailers and owns The Wine Market Journal; an essential tool for fine wine investor around the world.

On this edition of Grape Encounters, David Parker gives listeners a comprehensive understanding of how to buy fine, rare wine online and what to look for if you are interested in buying wine as an investment.   With tasting rooms and restaurants closed or restricted, David also talks about Benchmark’s efforts to bring the experience to a virtual setting.  If this show doesn’t get your creative juices flowing, nothing will!

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