An investment look at fine wines from Portugal, from century-old fortified wines to Douro blends

by May 25, 2020News, Wine Trading Academy0 comments

A few of Quinta do Vallado barrels. Portuguese wine brands offer exceptional century-old winesA few of Quinta do Vallado barrels. Portuguese wine brands offer exceptional century-old wines

A few of Quinta do Vallado barrels. Portuguese wine brands offer exceptional century-old wines

Sergey Glekov

Senior financial advisor

Portugal’s wine culture has been developed in relative isolation. As a result, many local grape varieties are grown only in Portugal.

There are over 250 indigenous varieties and a few imports that have adapted well to the Portuguese landscape.

To many wine experts, Portugal is the last frontier of wine in Western Europe and there is still so much to be explored in Portuguese wines.

This article is devoted to exciting Portuguese wines offered by Alti Wine Exchange and their comparative price and investment analysis with other top Portuguese wines.

Portuguese wines listed on Alti Wine Exchange are:

  • 2014 Quinta do Vallado Adelaide Douro (current lowest ask on Alti Wine Exchange: 190 €)

  • 1888 Quinta do Vallado ‘ABF’ Very Old Port (current lowest ask on Alti Wine Exchange: 2,700 €)

  • 1918 Moscatel Roxo de Setúbal Superior (current lowest ask on Alti Wine Exchange: 4,000 €)

Click on each wine to know more about it and invest:

2014 Vallado Adelaide Douro

1888 Vallado 'ABF' Port1888 Vallado 'ABF' Port

1888 Vallado ‘ABF’ Port

1918 JMF Moscatel Roxo1918 JMF Moscatel Roxo

1918 JMF Moscatel Roxo

#block-yui_3_17_2_1_1590400503240_9254 .sqs-gallery-block-grid .sqs-gallery-design-grid { margin-right: -0px; }
#block-yui_3_17_2_1_1590400503240_9254 .sqs-gallery-block-grid .sqs-gallery-design-grid-slide .margin-wrapper { margin-right: 0px; margin-bottom: 0px; }

 

Quinta do Vallado Adelaide Douro is the top Portuguese red blend produced by Quinta do Vallado. The vineyards are located in north-eastern Portugal, in the Douro River basin.

Although the Douro wine region is best known for its fortified wines, Douro’s total production is fairly evenly split between Port and non-fortified table wines.

We selected three top Portuguese red blend wines from the Douro region to create a peer group for Quinta do Vallado Adelaide Douro:

  • 2013 Quinta do Crasto Vinha Maria Teresa, Douro

  • 2013 Quinta da Boavista ‘Vinha do Oratorio’ Vinhas Velhas, Douro

  • 2013 Quinta do Vale Meao Tinto, Douro

Exhibit #1 – Price dynamics of peer group for Quinta do Vallado Adelaide Douro

glekov+portugal+1.jpgglekov+portugal+1.jpg

All wines from the peer group have shown a strong price performance. The best result was demonstrated by 2013 Quinta do Crasto Vinha Maria Teresa, Douro which has a similar retail price (€189 according to wine-searcher.com) as 2014 Quinta do Vallado Adelaide Douro.

Being a well-positioned in terms of price and quality, 2014 Quinta do Vallado Adelaide Douro is a brilliant opportunity to invest in Portuguese wines.

Investing in Portuguese wines

Besides rich, ripe, table Quinta do Vallado Adelaide Douro, Alti Wine Exchange offer includes old and rare fortified wines: 1888 Quinta do Vallado ‘ABF’ Very Old Port and 1918 Moscatel Roxo de Setúbal Superior.

The legendary 1888 Quinta do Vallado ‘ABF’ Very Old Port is also produced by Quinta do Vallado and exemplifies an extraordinary Port Wine that stands out immediately for its extremely seductive color, reminiscent of mahogany, with hints of green when stirred, an evident sign of its age.

1918 Moscatel Roxo de Setúbal Superior is produced by José Maria da Fonseca, the oldest and one of the most prestigious wineries in Portugal. José Maria da Fonseca is located on Setúbal peninsula. This region is known primarily for its fortified Muscat wines known as Moscatel de Setúbal.It is classified with the highest quality distinction, the noble superior category. This Moscatel is charming in the nose, having an unbelievable freshness. In the mouth it has an exquisite attack and an energetic finish, with pungent acidity that transports it to an overwhelming conclusion.

UPDATE: In October 2020, Alti Wine Exchange launched as its latest IBO the Moscatel Kingsman Century Edition 1919 , a top-notch Moscatel from José Maria da Fonseca. Meet it.UPDATE: In October 2020, Alti Wine Exchange launched as its latest IBO the Moscatel Kingsman Century Edition 1919 , a top-notch Moscatel from José Maria da Fonseca. Meet it.

 

UPDATE: In October 2020, Alti Wine Exchange launched as its latest IBO the Moscatel Kingsman Century Edition 1919, a top-notch Moscatel from José Maria da Fonseca. Meet it.

 

READ ALSO: In fine wine, passion and hard work pay off for generations: the JMF case

jmf barrels virtual tourjmf barrels virtual tour

The peer group for 1888 Quinta do Vallado ‘ABF’ Very Old Port and 1918 Moscatel Roxo de Setúbal Superior includes unique, old and rare fortified wines and consists from the following constituents:

  • W & J Graham’s ‘Ne Oublie’ Tawny Port

  • Real Companhia Velha Quinta das Carvalhas ‘Memories’ Very Old Tawny Port

Exhibit #2 – Price dynamics of peer group for fortified wines

glekov portugal 2.jpgglekov portugal 2.jpg

Both wines, W & J Graham’s ‘Ne Oublie’ Tawny Port and Real Companhia Velha Quinta das Carvalhas ‘Memories’ Very Old Tawny Port, are from premium, expensive category. Their prices have shown low volatility and positive modest return.

We can expect similar price dynamics – not very volatile and steady growth – from these two fortified wines listed on Alti Wine Exchange: 1888 Quinta do Vallado ‘ABF’ Very Old Port and 1918 Moscatel Roxo de Setúbal Superior.

Featured reads


Alti Wine Exchange Indexes in 2020: despite it all, safe and strong returns for fine wine

Fine and rare wines have enjoyed robust performance and low volatility in comparison to markets during Covid, gaining further room in diversified portfolios


Introducing our internal index for fine wine investors

Given the reputation of fine wine as an investment asset, we track price performance and potential returns. Meet the Alti Wine Exchange Internal Index.


Top 10: the wines with the largest price growth, January-May 2020

In a period marked by covid-19, fine vintages from Portugal, Argentina and the US featured on the Alti Wine Indexes enjoy double-digit figures


An investment look at fine wines from Portugal, from century-old fortified wines to Douro blends

 


The finest Bordeaux vintages are notable investment-grade wines

 


Why invest in fine wines from Tuscany, the most famous Italian wine region

 


 


Mosel Riesling: the finest white wines are also exceptional for investment

 

Very old fortified wines are similar to art objects. Storing in a proper condition and validating provenance are paramount for fine wines just as for paintings.

Old fortified wines should be cellared in a right condition (temperature and humidity). Moreover, to prove wine provenance – all paperwork should be done, purchasing receipts and invoices should be kept properly.

How to ensure full authenticity?

Buying fine wines in any store does not guarantee 100% of wine provenance. Besides, there is no guarantee that wine has been stored in the right condition and has not been already denatured.

What distinguishes Alti Wine Exchange-listed wines listed is that these come directly from producers to their initial bottle offerings (IBOs), making them unique.

By investing in wines at Alti Wine Exchange, you can be sure that bottles in your portfolio are authentic, with confirmed provenance and stored in the best conditions in Bordeaux City Bond.

Age and pedigree make these old fortified wines undervalued in old wine shops and create an investment opportunity in this new concept of Alti Wine Exchange that just needs the test of time.


More wine investment articles by Sergey Glekov

Featured


Alti Wine Exchange Indexes in 2020: despite it all, safe and strong returns for fine wine

Fine and rare wines have enjoyed robust performance and low volatility in comparison to markets during Covid, gaining further room in diversified portfolios


Introducing our internal index for fine wine investors

Given the reputation of fine wine as an investment asset, we track price performance and potential returns. Meet the Alti Wine Exchange Internal Index.


Top 10: the wines with the largest price growth, January-May 2020

In a period marked by covid-19, fine vintages from Portugal, Argentina and the US featured on the Alti Wine Indexes enjoy double-digit figures


An investment look at fine wines from Portugal, from century-old fortified wines to Douro blends

From century-old fortified wines to Douro, the last wine frontier in Western Europe offers much still to be explored


The finest Bordeaux vintages are notable investment-grade wines

 


Why invest in fine wines from Tuscany, the most famous Italian wine region

 


 


Mosel Riesling: the finest white wines are also exceptional for investment

 

Explore More from Our Blog

Would you bring your child to a winery?

DEAR READER, What a pleasure to be back! I admit it: these mailbags are now my favorite point of the week. Even during the contentious back-and-forth, I always enjoy opening my inbox to see words from you all. “Kind” ones, sometimes—but as you know from last week—I...

Our Sommeliers suggested wine

DEAR READER, I must be honest—I expected many more well wishes after posting that old journal entry. Everyone is modest when they say they don’t want well wishes, and so I expected there would be a few of you who saw through my “plea for privacy”. But, I forgive and I...

Because Life Needs Good and Evil

Black and white. Chaos and order. Sinner. Sinless. Life is a constant search for the happy medium, the yin and the yang. It’s as renowned psychologist Jordan B. Peterson explains, “Order is not enough. You can’t just be stable, and secure, and unchanging, because...

Thank you, Lehman Brothers?

On this day, 13 years ago, the world broke out in a panic when Lehman Brothers filed for Ch. 11 bankruptcy. Still the largest bankruptcy filing in US history, it was the climax of the Great Recession of 2007-2009. Subprime mortgages were to blame, lending money to...

Beer vs Wine, a timeless debate…

DEAR READER, Blah blah blah let’s get right to it! Dear Sommelier Ferdinand, You’ve dropped some hints that you look down on beer. Why is this, Sommelier Ferdinand? You have a growing fanbase—surely, you’re aware the effect that your insults have? And before you...

What would you do if you found an expensive wine in a cellar?

DEAR READER, Never in my life have I been happier to pontificate about wine than at my computer desk. In person is stimulating, sure, but they always talk back at some point. My lovely readers, however, only speak when I like! This internet thing has utility!...

The Beginning and The End.

Alas, the sun has crossed the celestial equator from north to south. Summer is now quite uneasy, shifting into fall in the north, while life is springing into action down south. What a beautiful time of the year! When grapes are cut from the vine to create new wine,...

Ever heard of a wine cocktail?

DEAR READER, I hope some of you learned from the reader letter last week [hyperlink to Week Ten post] and checked your attics! You never know how much wine sits above you, waiting to be uncorked and decanted—on someone else’s dime! Dear Sommelier Ferdinand, I have a...

The Future of Wine

We humans are bold if nothing else. Unlike any other species (that we know of), only we have chosen time and again to go boldly where no other has gone before. This holds especially true to the modern European, the first to really “discover” ignorance. Though they...

Could Mozart Make Your Wine More Complex?

We usually do three things when drinking wine: look at it, smell it and taste it. We activate three of our five senses to understand what’s going on in the glass. I propose we go further by incorporating sound and touch. Surely what we’re listening to while...

What on earth is a ‘Wine Decanter’?

DEAR READER, It’s come to my attention that many of you are ill-informed, misinformed, and frankly, uninformed about how wine is to be consumed. Were I only a wine enthusiast, it would be wholly dispiriting. But—wine is my profession, and I’m obligated to recognize...

“What’s My Next Question?” – Benjamin Kaplan

What’s My Next Question? On a random day like today 11 years ago, a legendary Harvard Law professor and lawyer, Benjamin Kaplan, died at 99 years of age. A rich, marked life that left an impact long after his last breathe. Apart from influencing the likes of Ruth...