video transcript

What's not to love about France the city lights -- Paris the guys how are multi million dollar works of art. Then is of course the wine which is almost as much funds that invest in as it is to drink. I'll have to admit that -- huge amount unreconstructed Franklin hall he had centuries and centuries. Find nineteen whining and no film we're dependent rate creeps. And rates will step in the right location and then fractures and geniuses attacked. Some of France's rarest lines -- be sold at auction at Christie's in New York this week. At this auction house tasting treats you like drinkers sampled everything from -- not to say to Bordeaux. Linesman is successful investment for Christie's. Which not ninety million dollars and wine sales globally last year. A record for the auction house here in your day Christie's latest auction will serve even novice investor. This election of 1990 volunteers priced at just 200 to 300 dollars per lot. Of course that rarer lines are pricey here like this truce for which bidding will start at 42000. -- And it's those exalted lines that one of the most potentially -- investors. There's -- -- -- you know 15% return at 11. Finer ones who so what's sickening -- -- -- closer with the winds at very high. So this will be what we called collectibles. It turns outline -- one of the best investments in an environment in which investing in anything -- has been difficult. Consider this the -- ET FE WQ. Has lost 40% of its value in the past five years. Far below the return the FT 500. French bonds are doing much better yields have fallen and so has Francis currencies in Europe. Buying wine could be the answer the industry benchmark live X 100 fine -- index is up more than 60%. In that same period. It is just I think for investors even Rosie rosy picture. Despite the vagaries. What's happening in the marketplace for the last three years little patience if it. Quality. It's important things -- -- flat -- don't worry if -- think that flattened out period. Always what ended ended with a lot. One other point about investing and -- French wine infant bottles don't appreciate it's much it's you -- hope that what's the worst that happened. And cracked open and drink the -- cheers I'm Rhonda schaffler that's.