Still buying opportunities among 100-pointers?

22nd April, 2016 by Rupert Millar

A number of 100-point Bordeaux wines from the 2000 to 2010 vintages remain under £5,000 a case – is this a pool of ‘good value’ blue chip claret to interest collectors and investors?

A horse ploughs the vineyard at Pontet-CanetThirty wines from the Left and Right Banks that have been bestowed Robert Parker’s most lauded score – the majority from the 2005, 2009 and 2010 vintages – are available for less than £5,000 a case, with the ‘cheapest’ being under £1,500.

These prices are not of course ‘cheap’ in the traditional sense of the word but compared to other 100-point wines such as 1982 Le Pin which costs £77,698 a case, or Pétrus at £34,980 and Haut-Brion 1989 at £13,900, they can certainly seem so.

Liv-ex pointed out in July of last year that this situation existed for 29 labels and has done so once again with a recent blog post. Interestingly, not a great deal appears to have changed in the intermediate period although there have been some minor tweaks to the order and a new 100-point wine (Haut-Bailly 2009) has been added bringing the total to 30.

For instance, at the very bottom, Pontet Canet and Pape Clément’s 2010 wines which were below £1,500 last July have climbed closer to that mark since that time – over-taking Léoville Poyferré 2009 which is now bottom of the heap.

100_point_bordeaux 2016

The 30 100-point Bordeaux labels as of April 2016

At the other end, despite gaining hugely in the run-up to Parker’s retrospective of the 2005s, La Mission Haut-Brion’s ’05 has slipped from under £4,500 a case to just under £4,000 – which has allowed its 2009 and 2000 vintages to take the top two spots.

The mid-order of the chart, mostly composed of ’09 and ’10 Pavie, Mondotte, Beauséjour Duffau and the like, has also seen a reshuffle since last July although without huge variations in price occurring.

With Parker now departed from the Bordeaux-scoring scene, the drinks business recently asked if greater ‘cult’ status for his 100-point wines beckoned?

With so many wines not breaking through the £5,000 barrier yet, clearly demand is not high enough and volume is too high to maintain higher price points.

Vintages such as 2009 and 2010 are still comparatively young and their historically high release prices have made them harder for the market to properly digest and consume.

Nonetheless, they certainly present a good pool of critically acclaimed wines from which to pick.

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

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

Sales Manager – London On-Trade

Bancroft Wines
London, UK

Customer Service & Sales Support Executive

Jascots Wine Merchants
London, UK

Market Insight Analyst

Conviviality PLC
London, UK

Technical Manager

Enotria&Coe
Park Royal, London, GB

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