Cognac as an Investment

Discussion in 'Other Investments' started by Aurora et luna, Jan 22, 2020.

  1. Aurora et luna

    Aurora et luna Well-Known Member Silver Stacker

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    A friend over the years has collected about a dozen bottles of VSOP and XO Cognac
    These are well know brands like Hennessy and Martel
    She purchased them duty free during her travels and is interested in selling them.
    Retail bottles of VSOP seems to be selling for around $80, XO $250+
    I am thinking of buying them as an investment if the price is right
    Just as a matter of interest what sort of prices would you pay?
     
  2. minimilled

    minimilled Member

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    I’d probably try and identify the year of bottling.

    You might look at batch numbers if the XO is numbered. Some years may attract a premium.

    If it is like whisky, then not a lot more is supposed to happen in the bottle. Not sure I agree - when to a whisky convention in Melbourne many years ago and some of the stuff from the 70s was very dark.
     
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  3. spannermonkey

    spannermonkey Well-Known Member Silver Stacker

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    here there everywhere
    Google the region
    They had devastating storms which actually killed a young kid
    There hasn't been batch since 2011 or 2012
    Until recently, but it hasn't been aged properly.
    The latest batch isn't the same
    At auction in Moscow recently
    1 bottle of Corvosieur went for $220 US
    I'm paying $55-$60 a bottle here
    2011 batch
    So no don't do it
     
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  4. JohnnyBravo300

    JohnnyBravo300 Well-Known Member

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    My daughter works at a liquor store so I'd pay cost.
    She loves her daddy and hooks me up. Plus the owner is her boyfriend's mom.

    Although you could squirrel away alot more Budweiser for that price and no one would ever know if it goes off. It always tastes the same!
     
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  5. Aurora et luna

    Aurora et luna Well-Known Member Silver Stacker

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    I think most of her collection would be at least 10 years old; maybe even 20!
    So a safe price to buy a vintage pre 2010 Martel or Hennessy VSOP would be around $50 - $55 a bottle?
     
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  6. spannermonkey

    spannermonkey Well-Known Member Silver Stacker

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    I was being a smartass :p
    Definite yes if it's old bottles
     
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  7. Aurora et luna

    Aurora et luna Well-Known Member Silver Stacker

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    I bit the bullet and bought her stash at a fair price!
    All VSOP at a decent discount below current Dan Murphy prices
    The cognac collection is actually much older than I thought. She couldn't tell me when she got a particular bottle however this collection was collected between 20 - 40 years ago.
    The brands include Hennessy, Martell, Courvoisier, Remy Martin and an obscure brand Prince Hubert de Polignac
    I intend to flip at least half the collection and I am wondering which of the brands are more collectable?
    Much appreciated for any advice!
     

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