10. Le Pin
Rank in 2011: 49
Total score: 184
Liv-ex trade: 1.02%
Critics’ score: 95.20
Average price: £13,101 (9l case)
Price change: -1.19%
Production: 575 cases
Weighted production: £7,533,305
Attesting to an increased interest among fine wine collectors in Right Bank Bordeaux, Le Pin, despite high prices, has entered the top 10.
Smallest of the 10 most powerful fine wine brands with just fewer than 600 cases produced each vintage on average, Le Pin’s strength stems from its high scores, high prices and relatively stable demand.
Le Pin’s new cellar
Indeed, despite turbulent times in the fine wine market, the tiny operation has enjoyed almost no price depreciation, partly due to its scarcity, but also the respect it commands among collectors.
Acquired by Jacques Thienpont in 1979, Le Pin is renowned for its age-worthy, scented 100% Merlot from some of Pomerol best vineyards.
The estate prides itself on manipulating the grapes as little as possible, and a new cellar was built in time for the 2011 harvest, which Fiona Morrison MW, wife of Le Pin owner Jacques Thienpont, said would give Le Pin even greater precision.
Speaking to the drinks business, Morrison said that the famous estate now had “the luxury of being able to divide 2.7 hectares into seven lots.”
As a result, she added, “I’m sure we will find more precision and details we haven’t found before”.
In late January, a case of Le Pin from the lesser 2007 vintage reached a new record when it traded on the Liv-ex exchange for £11,200 pounds, almost 90% higher than its price on April 1 2010.
A few facts:
- Pomerol’s Château Le Pin is usually referred to a just Le Pin.
- It comprises one 2.7 hectare contiguous vineyard surrounding the winery, which was rebuilt in 2011.
- Madame Laubie, whose family had owned the plot since 1924, sold the estate in 1979 to the Belgian Jacques Thienpont for 1 million francs.
- The property is called Le Pin after a pine tree that grows near the winery.