Right Bank properties push their luck

25th April, 2013 by Rupert Millar

Château Angélus and Pavie have released their 2012 vintages with prices that exceed those of 2011.

chateau-pavieWhile the majority of châteaux both big and small have so far heeded calls from the trade to lower prices this year, the two Saint-Emilion properties have decided to defy such advice and go up instead.

In a move that is evidently inspired by the estates’ recent elevation to “premier grand cru classé A”, Angélus has released at €180 per bottle ex-négociant, a full 30% up on 2011’s €138 p/b and an enormous 205% on the 2008 price of €59 p/b.

Matching its fellow Premier Grand Cru Classé “A”, Pavie (whose second wine was released yesterday) also released at €180 p/b, a 58% increase on the €114 p/b asked for in 2011.

The releases are in stark contrast to fellow Saint-Emilion estate Canon, which released today with a 46% drop in price.

Both prices have been greeted with derision on Twitter, with some jokingly offering prizes to anyone that manages to sell any and another saying that, “it doesn’t make sense”.

Unfortunately it does. Along with the recent classification, properties Saint-Emilion and Pomerol will have been buoyed by critic Robert Parker’s hailing of the Right Bank in his latest overview of the vintage (his scores are expected to follow soon).

With the backing of critics with regard to quality and with a new “A” grade to justify, in should be no surprise that some estates felt that lowering prices did not apply to them – there may yet be others who thought likewise.

However, with a rising legal challenge to the Saint-Emilion classification, which one producer recently told the drinks business was “a mess” and in which Pavie and Angélus are both embroiled, with Parker’s scores not yet released and trade and buyer apathy towards estates not playing ball, they may well find themselves regretting such hubris.

2 Responses to “Right Bank properties push their luck”

  1. Yo que he degustado en algunas ocasiones los caldos de Pavie y el Canon Segur,
    no estaria en condiciones por pagar una botella Pavie 2012 euros 180. ex-negociant. Mucho menos un Canon Segur 114.Pienso que los negociantes de Burdeos se han alocado.
    Pensando que estamos en los 90..con vacas gordas en la economia.

  2. Rupesh Charl says:

    Thank you for sharing Right Bank properties push their luck
    Please Visit !

Leave a Reply

Your email address will not be published. Required fields are marked *

Please note that comments are subject to our posting guidelines in accordance with the Defamation Act 2013. Posts containing swear words, discrimination, offensive language and libellous or defamatory comments will not be approved.

Subscribe to our newsletters

Job vacancies

PR Account Executive

Clementine Communications Ltd
Fulham, UK

PR Senior Account Manager

Clementine Communications Ltd
Fulham, London

Marketing Manager

Berkmann Wine Cellars
London, N7, UK

Brand Manager

Berkmann Wine Cellars
London, N7, UK

Sales Account Manager

Jascots Wine Merchants
London, UK

Marylebone Sales Manager

Philglas & Swiggot
Marylebone, London, UK

Area Sales Manager

Bon Coeur Fine Wines
North England, UK

Procurement Assistant – Wine

Adnams PLC
Southwold, UK

Account Manager Central London

Speciality Drinks Ltd
London, UK

Brand Ambassador

Speciality Drinks Ltd
London, UK

National Business Development Manager

Speciality Drinks Ltd
London, UK

Marketing Assistant

Hatch Mansfield
Ascot, Berkshire, UK

Marketing Manager

Bancroft Wines
London, UK

Regional Sales Manager – Scotland

Bancroft Wines
London, UK

The Global Sparkling Masters 2017

Deadline : 25th August 2017

The Global Malbec Masters 2017

Deadline : 25th August 2017

Global Chardonnay Masters 2017

Deadline : 1st September 2017

The Global Sauvignon Blanc Masters 2017

Deadline : 1st September 2017

Click to view more

The Global Rosé Masters 2017

With wines from the palest of pink to almost ruby red, bone dry to almost cloyingly sweet, reductively handled to barrel-aged, as well as gently spritzy to fully sparkling.

The Global Organic Masters 2017

The drinks business is thrilled to announce the launch of The Global Organic Masters

The Drinks Business Awards 2017

Now in its 15th year, the db awards have become the most authoritative, internationally respected badge of achievement in the alcoholic drinks industry.

The Asian Cabernet Sauvignon Masters 2017

the drinks business Hong Kong announces its first year of The Asian Cabernet Sauvignon Masters.

Click to view more