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Your email address will not be published.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 *

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

Experienced Administrator

The Drinks Business
Central London, UK

Sales Executive (London – Craft Spirits)

Bimber Distillery
London, UK

2 x Buying Assistants

Berry Bros. & Rudd
Battersea and Basingstoke, UK

Temporary Christmas Sales Support - Wines & Spirits

Harrods
Knighsbridge, London, UK

Head of Wholesale

Hispamerchants Ltd
London, UK

Sales Manager

Hispamerchants Ltd
London, UK

National Sales Manager

Maverick Drinks
Field based, UK

Regional Sales Executive

EWGA
Gloucestershire, UK

The World Bulk Wine Exhibition

Amsterdam,Netherlands
20th Nov 2017

The Drinks Business Green Awards 2017

London,United Kingdom
20th Nov 2017

The Global Spirits Masters Lunch

London,United Kingdom
1st Dec 2017
Click to view more

Green Awards 2017

Deadline : 25th October 2017

The Global Riesling Masters 2017

Deadline : 30th October 2017

Click to view more

Champagne Masters 2017

The only Champagne blind tasting in the UK, the competition will reward the best wines in the following categories:

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.

Click to view more