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Newly promoted Château Figeac 2023 released at 40% discount

Château Figeac, which was promoted to Premier Grand Cru Classé A in the 2022 revision of the Saint-Émilion Classification, has released the 2023 vintage at a 40.5% discount on the 2022’s opening price.

The new vintage is being offered at €150 per bottle ex-négociant, and to the international trade for £1,788 per case of 12 – a decrease of 41.1% on the 2022’s opening price of £3,036 a case.

However, although the vintage received a strong response from the critics – Jane Anson awarded it her second highest score of the vintage (98 points), Neal Martin of Vinous said it would be “a wonderful Saint-Émilion that ranks amongst the best wines of the vintage, while db’s Bordeaux correspondent Colin Hay named it as one of the “truly greats” of the appellation, a wine whose structure would “make this perhaps the longest lasting right-bank wine of the vintage” –  the 2023 remains more expensive than other highly rated vintages already available in bottle on the market, according to Liv-ex data. This was largely due to the 55.2% rise on the 2022 vintage, which happened following its promotion, and the significant rise in price performance that Figeac experienced between September 2020 and September 2022, when it saw its index value rise 41.7%, according to Liv-ex.

Also released today was Château La Conseillante 2023 – described by William Kelley as “one of the great wines of the vintage” out at €150 per bottle ex-négociant, a drop of 32.4% on the 2022 opening price. It is also available to the international trade at £1,788 per case of 12, a 32.6% reduction on the 2022’s opening price of £2,652 – which represents fair value from the Pomerol estate for a high scoring vintage.

Yesterday saw the release of Château Montrose 2023, released at €120 per bottle ex-négociant, down 16.7% on the 2022 opening price, with Château Beauséjour (Duffau-Lagarrosse) 2023 also offering a modest 10% discount on the 2022 opening price, at €108 per bottle ex-négociant. This wine however was one one of the two greatest wines from Saint-Émilion this vintage, according to db’s Bordeaux correspondent Colin Hay, who said it “transcended the challenges of the vintages and shattered each and every glass ceiling with which we might associate those challenges”. He awarded it 98-100 points.

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