Barolo Falletto Vigna Le Rocche Riserva Surges Nearly 60 Percent as Fine Wine Market Shows Signs of Recovery

The secondary market for fine wines is showing signs of a slow but steady recovery, according to the latest data from Liv-Ex, the global platform that tracks prices and trends for collectible wines. After several months of decline, November 2025 figures indicate a slight reversal in the downward trend that began earlier this year. The Liv-Ex 100 index, which monitors the performance of 100 of the most sought-after fine wines, recorded a 0.9% increase compared to October. This improvement narrows the index’s year-to-date loss to 2.8%.

The Liv-Ex 100 index includes a selection of top Italian wines, such as Barolo 2019 by Bartolo Mascarello, Barolo Falletto Vigna Le Rocche Riserva 2017 by Bruno Giacosa, Barolo Monfortino Riserva 2014 and 2015 by Giacomo Conterno, Brunello di Montalcino Riserva 2016 by Biondi-Santi, Barbaresco 2019 by Gaja, Sassicaia from Tenuta San Guido (2019, 2020, and 2021), Solaia and Tignanello from Marchesi Antinori (2020 and 2021), Ornellaia and Masseto from Frescobaldi Group (2021 for Ornellaia; 2020 and 2021 for Masseto), and Soldera Case Basse’s 100% Sangiovese Toscana IGT 2019.

The broader Liv-Ex 1000 index also showed improvement, rising by 0.4% in November. This brings its year-to-date decline to 4.5%. The Burgundy 150 sub-index was a key driver of this growth, with a monthly increase of 1.1%, reducing its annual loss to 4.4%. The Italy 100 index remained almost unchanged with a slight dip of 0.1% month-on-month and a total decrease of 1.8% since the start of the year.

The Italy 100 tracks a wide range of Italian labels across multiple vintages. These include all vintages from 2011 to 2020 of Barolo di Bartolo Mascarello, several vintages of Barbaresco by Gaja and Barolo Monfortino Riserva by Giacomo Conterno (2001–2006, 2008, 2010, and from 2013 to 2015), Barolo Le Rocche del Falletto Riserva by Bruno Giacosa (2000–2001, 2004, and several others up to 2017), as well as all vintages from 2012 to 2021 for Sassicaia by Tenuta San Guido, Solaia and Tignanello by Marchesi Antinori, Ornellaia and Masseto by Frescobaldi Group, and Soldera Case Basse’s Toscana IGT Sangiovese from selected years between 2009 and 2019.

Among individual wines tracked in the Liv-Ex indices, Ornellaia 2021 from Frescobaldi Group and Tignanello 2020 from Antinori stand out as the best-performing Italian wines in the Liv-Ex 100 so far this year. They are also the only two Italian labels among the top ten performers in that index.

In the larger Liv-Ex 1000 index, Barolo Falletto Vigna Le Rocche Riserva by Bruno Giacosa has been the standout performer across all regions and varieties, posting an impressive gain of nearly sixty percent since January. Another Italian wine in the top ten is Soldera Case Basse’s Sangiovese Toscana IGT from the 2018 vintage, which has risen more than twenty-three percent year-to-date.

While these positive movements are modest and do not yet signal a full rebound for the fine wine market, they contrast with the sharp declines seen earlier in the year. Market analysts suggest that any recovery will likely be gradual and uneven across different regions and producers. However, these recent gains offer some optimism for collectors and investors who have watched values fall over much of the past twelve months. The data suggests that demand remains strong at the very top end of the market, even as broader economic uncertainty continues to affect luxury goods worldwide.