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Petrus 1989
Jeroboam (5L)

This asset is available for trading in the app.

Drop Date

28.12.2023

Drop Price

59,000.00 €

Market Value

+8.47%

64,000.00 €

Expected Holding Period

3 - 7 years

Fraction Price

50.00 €

Total Fractions

1,180

Buy the Entire Asset

Request to purchase the entire asset instead of just fractions.

The market value is 8,5% above the drop price.

Extremely rare bottle: 5L Jeroboam - the only offer currently on the market.

Wine is the second strongest asset class with a price increase of +149% in the last 10 years (Knight Frank Wealth Report Q2/2023).

According to LivEx, the Pétrus-Index has risen by +450% since its launch in December 2003.

Unusual bottle format: these days, bottles of this size are no longer produced - a real collector's item.

Pétrus 1989 has received several top ratings from renowned wine critics - just recently again 100/100 points from Robert Parker.

General information

Winery
Château Pétrus
Wine type
Red wine
Country of origin
France
Region
Pomerol
Grape variety
Merlot
Vintage
1989
Bottle size (in l)
5
Rating
100/100
Alcohol by volume (in %)
13.50

Seller and property details

Storage conditions
Professional storage
Insurance
Insured
Seller
Commercial
Country of storage
UK

Wine as an Investment

Documents

Consumer Information for Distance Selling

Asset Highlights

About Château Pétrus

Additional Reading

Château Pétrus is located in the heart of the commune of Pomerol in the region of the same name (Bordeaux). The small winery produces red wine exclusively from Merlot grapes on an area of 11.4 hectares (since the end of 2010) and does not produce a second wine. Only around 25,000 to 30,000 bottles of Pétrus are put on the market each year. Although the winery already won a gold medal at the 1878 World Exhibition in Paris, it was only with the 1945 vintage, which is regarded as the wine of the century, that it suddenly gained attention. According to the Liv-ex Power 100 2023 (09/23), wines from the Bordeaux region have been able to develop steadily even in uncertain market phases. Pétrus is the first Bordeaux to be ranked 5th in the 50 most expensive wines traded. At the same time, the Pétrus index has recorded a strong increase of +450% since 2003.

Wine as Investment

Additional Reading

Prestigious collector wines are becoming an increasingly popular investment category. The three main reasons for this are found in their limited availability and the growing global demand for luxury goods, especially from emerging markets such as China. In addition, the ability of fine wines to develop their full flavour only after years contributes to their steady increase in value over time. A look at the best-known indices illustrates the market potential: according to the Knight Frank Wealth Report Q2/2023, wine is the second-best performing asset class with a price increase of +149% in the last 10 years. The Fine Wine 100 Index of the London wine exchange Liv-ex has also shown a robust performance in recent years. In the coronavirus year 2021, the index, which tracks the price development of the 100 most sought-after wines, rose by more than +23%. This means that wine outperformed traditional asset classes such as gold or equities during this period and proved to be a good addition to portfolios, especially in times of crisis.

About the Wine

Additional Reading

The Pétrus 1989 Jeroboam (5L) is a true collector's item, presented in an exceptionally large bottle format that is no longer produced in this way today. Renowned wine critics have already awarded it the highest ratings in the past, including 100/100 points from James Suckling, 3x100 points from Neal Martin and 100/100 points from Robert Parker. As recently as December 2023, it received another 100 points from Robert Parker - a testament to its enduring quality and importance in the wine market. With limited production, strong demand and an outstanding reputation, the value of a single bottle can reach astronomical heights on the wine market. This 5-litre Jeroboam bottle is an extremely rare edition and the only offering currently available on the market. For comparison, the price of a 75cl bottle of Pétrus 1989 has risen by approximately +13.2% since November 2021.

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FAQ

You've got questions? We have the answers.

Timeless, a brand of New Horizon GmbH based in Berlin, is dedicated to the mission of becoming the European market leader in rare collectibles investments and making investments in collectibles accessible, affordable and tradable. One of the first companies in the world to do so, Timeless enables everyone to invest in collectibles and participate in their performance through the use of blockchain technology.

With its revolutionary business model, Timeless is democratizing the collectibles asset class and making the market of rare collectibles - including watches, art, vehicles, sneakers, wine, trading cards and memorabilia - accessible to all. To do this, Timeless uses blockchain technology, which documents digital transactions in a reliable, traceable and secure manner.

In addition, the company takes care of custody, insurance and maintenance until the assets are resold. The purchase of shares is secure, convenient and digital via the Timeless app.

Company	New Horizon GmbH
Brand	Timeless
Year of foundation	2018
Location	Berlin, Deutschland
Branch	Trade of Goods
Team	45 Employees
Website	www.timeless.investments
Investors	EQT Ventures, C3 EOS VC, Porsche Ventures, LA ROCA Capital

Sourcing

Timeless uses data-driven processes and a network of experts to identify unique collectibles with high appreciation potential around the world, which are then verified and acquired.

Management

Timeless then takes care of the optimal storage, insurance and maintenance of the collectibles until they are resold.

Tokenization

The Collectibles are divided into shares and offered for purchase via the Timeless app.

Trading

Investors can offer their own shares for sale, purchase shares and finally trade with other investors.

Sell

After a holding period, which typically varies by asset class (12 - 96 months, depending on market conditions), Timeless resells the collectibles, and shareholders are paid according to their shareholdings. However, in exceptional cases, if we have an attractive purchase offer, we may opportunistically sell Collectibles below a 12-month holding period.

After the purchase of the shares, the Collectibles belong to the shareholders according to the fraction they have purchased. In addition, Timeless is entrusted by the investors with the management of the collectibles until the time of the sale of the collectible. This fractional ownership model eliminates issuer risk and the Collectibles are owned directly by the investors.

Timeless itself holds shares in each asset (up to 5%), so we are a co-owner and have the same goal as you.

Timeless initially acquires the Collectible for its own account. After the fraction purchase, each fraction owner owns it directly at the fractional interest he or she acquired in it. That is, the fraction is contractually signed over to the purchaser and Timeless is charged with the custody, maintenance, and resale of the fraction. Thus, the fractions are no longer part of Timeless' assets and remain unaffected in the event of a possible insolvency. Details can be found in the master agreement, which can be viewed prior to purchase.

By the way, we've been around since 2018, we're a German GmbH based in Berlin, and Porsche Ventures, EQT Ventures and C3 EOS VC (the world's largest blockchain fund) are amongst our investors. Should we run out of funds the units of all users who have invested with us are protected in any case, as the units are transferred to the buyer.

Timeless undergoes an annual audit by an independent auditing firm. This comprehensive audit includes an accompanied inventory, during which the entire inventory of collectibles is checked for their existence. This ensures that the Collectibles are actually owned by Timeless. Proof of this can be requested from us.

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Historical developments, data and returns generated in the past are not reliable indicators of future developments and may deviate from them. For more information, please see our FAQs.