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California Wine Goes Global
Aug 21, 2018
(Wine-Searcher) - According to Liv-ex, the wider world is waking up to California.
The cream of California's crop is increasingly attracting collectors from outside of the US, according to fine wine trading platform Liv-ex, which has launched a US-specific index.
"Traditionally, it's been a region that has been overlooked by non-US based collectors. I imagine most rare and old Napa remains within the US," says Liv-ex Research Analyst Edward Jackson.
"However, US wines are becoming a more prominent part of the secondary market, from nothing to 3.5 percent trade in five years. There's definitely a general trend for collectors to explore other regions of the world now that the focus on collecting fine wines in Europe and Asia is no longer limited to Bordeaux."
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