In order to qualify for the ranking, a wine must have traded on Liv-ex between 30 April 2018 and 1 May 2019 in either a 75cl or 150cl bottle format.
[citation needed] Key findings: Using Bordeaux as the benchmark, but basing the prices on the real transactional activity of the world’s largest pool of fine wine merchants, the Liv-ex Classification of 2019 reflects the changing buying patterns of the trade today.
[1] Liv-ex, the London International Vintners Exchange, was founded in 2000 by two stockbrokers, James Miles and Justin Gibbs.
It started with a group of 10 founding members in London, and a vision to make fine wine trading more transparent, efficient and safe.
The founders believed that by creating an online exchange they could grow the size of the market for the benefit of Liv-ex’s merchant members and everyone with an interest in fine wine.