The other side of the coin is the weather in Europe, which has not been ideal for the past two vintages. France in particular was plagued with problems in both 2012 and 2013. Home to the two most collectable wines in the world; Bordeaux and Burgundy; these difficult vintages have the potential to fundamentally change the way collectors view the world.
Short crops, particularly in Burgundy, and a growing sense of disenchantment with Bordeaux are forcing collectors to looks elsewhere for wines for their cellars. Whether that means Loire instead of Bordeaux, or Barolo instead of Burgundy, the focus and money involved in collectable wine will be moving over the coming years.