It was exactly ten years ago today that we matched our first trade on Liv-ex - five cases of Gruaud Larose 1982 at £920. In those days we only had 12 members. Ten years on and the Liv-ex membership has expanded to encompass 308 fine wine companies in 26 countries, with more than half based outside the UK. As the chart below shows,the momentum continues to build.

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Gruaud Larose 1982 is now trading at £2,500 per case, an increase of 171% in the ten years since Liv-ex launched. Of course, many other wines have shown even greater returns over this period, with Lafite 1982 leading the field at 1,183% (£3,000 per case to £38,500).

Overall, prices for the Bordeaux First Growths, as measured by the Liv-ex Fine Wine 50 Index, have increased 276% over the past ten years. This is a far better performance than that delivered by the major share indices and significantly higher than shown by gold. Below is a table comparing their performance (30 June 2000 to 30 June 2010, performance excludes income and costs). 

10yr indices

Thanks to all of our members and subscribers for their continued support.