The market bottomed out in August 2014 and prices are ticking back up but are still below their peak, according to Cooper.
"It is a good time to look at wine as an investment again because some of the greatest ever wines are at prices which are a long way down from their release. For people looking for a mid–to –longer term hold, there are some significant potential."
Cooper recommended the 2010 Château Lafite Rothschild, which at one stage was priced at £14,000 ($18,000) per case, before collapsing to around £6,500.
"This is a very high scoring wine from what will certainly prove to be in the top three vintages of all time," he said. "At the moment, we are talking to a lot of people about positions on Lafite because prices have come down so far it really looks like there is a very considerable upside.
And over the long-term, fine wines have proven to be a lucrative investment.
"As a portfolio diversification tool, the long-term data suggests that fine wine is an interesting alternative asset," added Gibbs. "Detailed Liv-ex data going back to 1988 shows a compound average return on investment grade wine, specifically Bordeaux, of 12 percent."
Cooper suggested other vintages for investors to watch.
"Vintages like '82, '89, '90, '96, and 2000 are vintages that have very long potential lifespans. People that have them will continue to drink them for another 20, 30 or 40 more years but they are just starting to be able to consume now," he said.
"They are reaching the first level of their plateau and, as a result, we are shipping cases to Hong Kong or to the U.S. and you know they are going to collectors who are going to open them and drink them."
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