contact-us publicize with us

What’s more Fun?!?!?

 

aaa-blank-image

What’s more fun, investing in more tech stock or investing in luscious wine.... easy answer.... WINE!!! wine bullThe alluring prospect of physically tasting one’s investment just about outweighs most anything for me. Here is a key thing to think about…. the available quantity of fine wines continues to shrink day by day, and as history has revealed, in a weak or strong economy, people will continue to drink!

Fine wine is an art, a delicious, consumable, piece of art. A work of art that is worthy of enjoyment by your intimate friends and yourself. Or perhaps wine is a work of art that is worthy of cashing in for a sizable monetary investment gain.

If what you are looking for is wine as a tradable commodity, then what type of collector are you? How do you go about collecting? How do you begin? Here is where the practical collector meets the technical collector.

Practical Casual Collector ⎯bigstock-Coins-In-A-Wine-Glass-9866161 these are the collectors who learn about wine through friends, through weekend trips to various wine countries, and then, as years pass, realize that they love wine; the palate has matured and one’s enjoyment has therefore become more refined. The majority of collectors are practical, casual collectors ⎯ fantastic! But where does one go from here?Understanding the class of wines is of foremost importance, so here come the “IGWs,” defined as investment grade wines. The best place to start is by honing in on what type of wines are investment grade wines. Hint: Bordeauxs and California cult wines are the most in-demand wines for financial return.

...
Continue reading
3287 Hits
0 Comments

Wine Medals, Ratings and Reviews and How..

aaa-blank-image

Ratings, wine competition medals, and wine reviews can be important reference points that can influence people to select and buy one wine over another. If these ratings, award medals and reviews are unbiased and fair, these “persuaders” can serve as a good indicators of what the wine lover might experience when drinking the wine that was rated and reviewed.WIne-Rating-250X194 Additionally, These “reference points” also help establish the economic value of the selected vintage.  

But all of this begs a question: Are current ways of reviewing, rating and awarding medals an absolutely unbiased and fair way of doing what they are supposed to do? Or are they simply a manifestation of the personal taste and subjective opinions of those who care enough to write up their reviews? Are the medals assigned to a wine by esteemed wine-tasting judges and experts awarded according to consistent standards or can it be said that they are awarded rather randomly?

I think it is important for me to acknowledge that as far as I am concerned, wines fall into two main categories: First, there are the wines that I want to enjoy. The wine does not have to be a medal winner, it just has to please my palate and pair well with the particular dish I am eating. Second, there are wines that I might regard as an investment: Wines that I think will appreciate in economic value, or wines with such hefty price tags that I have to wonder how they will appeal to my palate. Will they really offer exceptional aroma, superior taste, greater pleasure?which wine should i choose In an earlier article I wrote about Penfolds' $108,000 offering:  http://www.signaturewines.com/blogger/sir-may-i-have-a-drop-of-wine-maybe-two-possibly-three-please. What signatures did this wine possess that rendered it worthy of such an exalted price? 

I have a great many friends and acquaintances whose knowledge and experience far exceeds my own and who regularly serve as wine judges and wine critics. So I’d like to ask them this question: How do ratings, wine competition medals and wine reviews impact the value of wine? Can these correlations be standardized or explained empirically? 

...
Recent comment in this post
mary157
I had issues with your website on my browser and had to refresh the page a couple of times, I'm using an older version of Firefox.... Read More
Saturday, 07 March 2015 1:01 AM
Continue reading
2926 Hits
1 Comment

Understanding Wine Ratings Part 2

OD-AV904 WINE P G 20130301123200At its best, the art and science of wine blend together and become a compound inseparable from each other, and thus, like art, wine at times often transcends our ability to measure its quality empirically. Sometime ago I wrote an article called “The rating of wine … where does one begin?” http://www.signaturewines.com/blogger/the-rating-of-wine-where-does-one-begin

This article, now almost two years old, has been visited over 178,000 times. It seems clear to me that the topic of wine ratings, and understanding the power and influence they possess, underscores many of our biases, desires and behaviors when it comes to selecting, purchasing, collecting, investing and even choosing which wine to imbibe.   

In my previous article I describe the 20 point scale that intends to offer an empirical process for applying a measurement scale to the qualities of wine. I also promised to visit and write about the 100 point scale utilized and made popular by wine critic Robert Parker Jr. My intention here is to briefly discuss the 100 point wine scale with the goal of expanding upon my opinions rather than presenting some kind of thesis on this matter.wine-ratings-good-bad Needless to say, wine ratings are important and do have measurable effects on the economics of a wine. wine-ratings1

In the late 1970’s a relatively unknown attorney in Maryland fell in love and traveled to Alsace, France to pursue his future wife. In the late 1970’s, Mr. Parker began chronicling his wine tasting musings and critiques and conceived of producing a resource for wine enthusiasts, which is now called erobertparker.com (formerly known as The Wine Advocate). Mr. Parker along with his friend Victor Morgenroth popularized a 100 point rating system.

This rating system gained rapid popularity and clout because it parroted the academic scales (A, B, C etc.) that practically everyone can readily identify with. Thus the application of a 100-point system promoted the natural belief that 90 points and higher meant quality. To me it means “A” grade. And who doesn’t want to enjoy an A grade wine?

...
Continue reading
2924 Hits
0 Comments

The rating of wine: where does one begin?

Wednesdays, at Signaturewines.com, will be devoted to discussing various wine reviews while also attempting to empirically describe and rate the wines we review. We intend to engage in these reviews in an unbiased and objective fashion. Since we believe that wine expresses itself much like art, where it is said that beauty lies in the eyes of the beholder, so we must recognize that like art, the beauty and intrigue of a particular wine lies, after all, in the “Palate of the Taster".

“Empiricism” is defined as a theory of communicating knowledge primarily from measurable sensory experiences. So, how then are wines “rated” in an empirical fashion? understanding wine ratings

Applying empirical methodologies upon subjective experiences like our human sensory experience of evaluating wine can assist us in describing the experience to others without their need to taste that particular wine themselves in order for them to form an expectation of the particular experience prior to the reality of their experience. We shall therefore seek to describe a wine in terms of objective measurements so as to convey both the real and qualitative characteristics of a wine-tasting experience.blind wine tasting

This article will discuss one of the earliest wine rating systems established in the United States. This was a “point scale system” established in 1959 at the University of California, Davis, by Dr. Maynard A. Amerine. Dr. Amerine (1911-1998) is revered as the pre-eminent Professor of Enology, who, along with his staff, created a 20-point system that was used as a guide to describe and rank the large number of experimental wines that were being produced at the university.

Dr. Amerine's system, commonly referred to as "The Davis System" assigns a certain number of points to each of ten distinct categories. These points are then totaled to obtain an overall score for a particular wine.

...
Recent comment in this post
Rebecca Barbee
Thanks for the informative post - it was fun to learn what a 90pt wine actually means. Looking forward to exploring wines and lear... Read More
Saturday, 02 February 2013 4:04 PM
Continue reading
182714 Hits
1 Comment