With Lafite’s 2010 vintage now over 50% below its release price, is now the time to buy?
This year’s en primeur campaign has been hailed a success by several Hong Kong-based wine merchants, with many Asian consumers having changed their buying habits to reflect personal consumption.
Sotheby’s en primeur campaign was a sterling success according to the auction house, with sales up 90% on 2013.
Following Robert Parker’s in-bottle scores of the 2012 Bordeaux vintage some of the wines, including Haut-Brion, have seen substantial price increases.
The Liv-ex Fine Wine 100 index ran flat in May with Bordeaux first growths accounting for the majority of wines that went up – and down over the course of the month.
The end of the 2014 campaign is in sight after a flurry of late releases and only Montrose remains unreleased among the big-name estates.
Merchants have reacted with a distinct lack of enthusiasm to Pontet-Canet’s release and don’t have many warm words for Lafite’s first tranche policy either.
Fine wine merchant Woolf Sung is offering some extremely rare bottles of 1945 vintage Bordeaux and Champagne, including a case of Pétrus as it takes advantage of investment opportunities in noteworthy anniversaries.
The 10 best wines of the Bordeaux 2014 vintage as voted for by Liv-ex’s global members.
Ex-cellar sales from prestigious châteaux are becoming increasingly common – but their importance should not be overestimated, cautions a leading auctioneer.
© 2015 Union Press Ltd | Unit 122, 30 Great Guildford Street, London SE1 0HS, UK | Registered in England and Wales No. 03606414 | Tel: +44 (0)20 7803 2420