The Journal
Notes for people who live with wine.
Plain answers, strong opinions, and the details that matter when wine leaves the shelf and enters a life.
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Useful before the next decision or dinner.

Your First Serious Cellar: A $10k, $25k, and $50k Blueprint
Anthony Clemenza · 3 min read · Updated August 2026
What $10,000, $25,000, and $50,000 actually buy when you're building your first serious wine collection — allocation across drinking windows, the mistakes new collections make, and how a designed cellar gets built.
Industry
From the Journal
Corporate Wine Gifting: A Complete Guide for Firms
Anthony Clemenza · 3 min read · Updated August 2026
What to spend per recipient tier, the date you actually have to order by, how to keep compliance happy, and why the basket everyone sends says exactly what it costs.
Cellars
From the Journal
Insuring a Wine Collection: What Homeowners Policies Miss
Anthony Clemenza · 3 min read · Updated August 2026
What a standard homeowners policy actually covers on a wine collection, where it fails — sub-limits, spoilage, mechanical breakdown — and why insurers want a USPAP-compliant appraisal before they'll schedule it properly.
Cellars
From the Journal
Inheriting a Wine Collection: A Guide for Executors and Heirs
Anthony Clemenza · 4 min read · Updated August 2026
What executors, trustees, and heirs need to do first when a wine collection passes into an estate — stabilizing storage, securing a date-of-death valuation, and choosing among keep, donate, or sell.
Cellars
From the Journal
Form 706 and a Wine Cellar: What Executors Get Wrong
Anthony Clemenza · 4 min read · Updated August 2026
How a wine collection is valued and reported on the federal estate tax return — establishing date-of-death fair market value, why a USPAP-compliant appraisal matters for substantiation, and the recordkeeping executors should keep in the file.
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