SIR,—Raymond Postgate should now follow up his excellent article 'How
to Invest in Wine' by one on 'How to Realise Your Investment in Wine.' Sell- ing wine is easy for the wine merchant; people in need of wine see his shop and enter. The amateur wine investor risks having 'to liquidate his invest- ment himself—unless he is prepared to tout round his friends. Should he advertise in Exchange and Mart or the personal column of the Spectator? Has Mr. Postgate any experience of the response that such personal advertising brings? Will he also tell us what capital appreciation can be expected on an investment in 1953 claret, which, presumably, will be ready for sale between 1963 and 19687— Yours faithfully,