You are currently viewing the International Edition. You can also switch to the Hong Kong Edition.
Friday 3 July 2015

Pavie and Angélus buoyed by upgrade

26th September, 2013 by Rupert Millar

Both Angélus and Pavie are showing signs of increased attention from buyers following their recent reclassification to Grand Cru Classé A status.

Saint-Emilion

Saint-Emilion

Liv-ex has noted that since the two Right Bank estates were upgraded a year ago, both have seen, “solid activity on the secondary market, and substantial price moves across all recent vintages.”

Angélus has had reasonably more success than Pavie. The accumulated price increase across the 2000-2009 vintages for Hubert de Boüard’s property is 37%, while for Pavie it is just 29%.

The average price for a case of Angélus in August of this year was £2,157 and for Pavie £2,134. Last year the average price was £1,585 and £1,646 respectively.

The biggest riser for Angélus has been its 2008 vintage which has risen from £1,145 a case in 2012 to £1,775 this year, while the 2001 has gone up 49% in the same period from £1,604 a case to £2,404.

Pavie has seen strong but more even rises, with the 2000 performing the best, up 35% from £3,390 to £4,575 a case in a year.

Liv-ex observed that both had done well “in a flat market”, but it is fully in-line with the recent evaluation of Bordeaux which showed that it was the Right Bank that has proved the most resilient index.

Nonetheless, both Saint Emilion estates are still some way off the average case prices of fellow A classé Cheval Blanc and Ausone who average £3,664 and £6,520 respectively.

Leave a Reply

Your email address will not be published.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

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

If that's interesting, how about these?

Wine thieves go on trial

A gang of wine thieves accused of stealing a million euros worth of wine from more...

Cockburn's to launch ‘lost’ 1977 vintage

Cockburn's is set to release its 1977 vintage for the first time as part of more...

Accolade's Fish Hoek goes Fairtrade

South Africa's Fish Hoek is to go Fairtrade from the 2015 vintage, becoming more...

Warehouse Supervisor

London, United Kingdom

£27,000-£30,000 depending on experience

Vinadeis unveils Languedoc 'black diamonds'

One of France’s largest wine producers has launched a high-end Languedoc more...

Cockburn’s wins the boat race

Cockburn’s has won the 2015 Barcos Rabelos race, featuring the boats that more...

Mumm releases vintage collection

Champagne Mumm has released a new “Collection du Chef de Caves”, featuring more...

PR Senior Account Manager/Director

London, United Kingdom

Depending on experience

Is fine wine turning a corner?

The Liv-ex Fine Wine 100 index is finally showing a year-on-year gain as it more...

Hart Davis Hart biggest in US

Chicago-based wine auctioneer Hart Davis Hart is the market leader in the US in more...

Oregon producer takes international view

One of Oregon’s youngest wine estates has partnered with Jackson Family Wines more...

PR Manager

Competitive

Is Parker wrong about the 05 Médocs?

With no Médoc wines gaining 100-points in Robert Parker’s retrospective of more...

Parker retrospective boosts 05 Palmer

Château Palmer’s 2005 is the latest wine from that vintage to see an more...

UK market in growth as price increases slow

The latest figures from the Wine and Spirit Trade Association show that more...

Global Wine Buyer

London, United Kingdom

Competitive

Rise for Haut Bailly in Liv-ex 2015 classification

Liv-ex’s bi-annual “re-classification” of Bordeaux saw Haut Bailly leap more...

BI offers 2014 imperial collection en primeur

Fine wine merchant Bordeaux Index is offering its clients a 10 imperial more...

Bordeaux 2005: Biggest movers

Expectation surrounding the 2005s is building and pushing up prices for top more...

Wine Buyer

London, United Kingdom

Based on experience

Burgundy headlines at Acker’s June HK auction

Featuring smaller-sized lots and classic vintages of Burgundy and Bordeaux, more...

En primeur: beware the heralded vintage?

From an investment point of view is it best to buy the “vintages of the more...

World's best beer and wine festivals

Forget Glastonbury, these are the festivals you should be making a beeline for more...

Supplier Relationship Manager

London, United Kingdom

MMD bolsters Italian portfolio with Mazzei

Maisons Marques et Domaines has extended its Italian portfolio with the more...

Bordeaux 2005: 12 ‘perfect’ wines

Twelve wines have been given “perfect” 100-point ratings in Robert more...