Ghatineh suggests holding Bordeaux First Growth wines within a portfolio as they have historically been the focus of the secondary wine market in terms of volume and value. He adds that if the first label is renowned enough, this will probably filter down to the second label – making the latter a worthwhile consideration.
Petit Mouton – a second wine from Chauteau Mouton Rothschild – is a good example. “Due to its small production of less than 3,000 cases a year, it can be harder to acquire than the grand vin,” says Ghatineh. “This is not reserved solely for big Bordeaux brands and their seconds, but can be applied to other regions too,” he adds.
Cult Wines’s Second Wine Index – featuring a range of second labels from the Left Bank First Growth – has been up 63.4% since June 2014.