With 24 hours to go until the unveiling of Robert Parker’s “10 years on” for the Bordeaux 2005 vintage, it’s no surprise that activity in this vintage has been on the rise during the past few weeks. Bid value has increased by 7% over the last seven days taking active bids up to the £3.2 million mark as buyers hunt for a 2005 bargain.
Following a fall of 5.5% in offer value during the week, sellers have been a good deal more reserved holding on to stock and waiting patiently for the scores to appear. With the 2005 vintage heralded as the best since 1982 at the time and personal admissions from Parker that he may have been tough on his scores, we should see quite a few upgrades across the full range of wines. It will certainly be wise to keep an eye on the exchange as the scores are published to catch the remaining bargains.
The strength of Sterling has been hindering Asian buyers these last few months making it tougher for exports from the UK. With the Greek debt crisis deepening, further falls for the Euro are likely to push buyers direct to European merchants picking up cheap looking stock. UK stocks will have to counter act this attraction so we expect a small softening in pricing as we hit the summer holiday period.
First rate vintages from Bordeaux have been setting the pace at all levels throughout the week alongside big names such as DRC, Guigal’s La La’s and Opus One. Steady falls have been seen for lesser vintages but there are noticeable bid increases on wines such as Carruades de Lafite as buyers try to find supplies of stock which seem to be dwindling.
Trade highlights of the week:
- Biggest Climber – Cote Rotie La Turque Guigal 2005 12 x 75 at £3,400 + 13.3% (since 05/11/14)
- Cote Rotie La Mouline Guigal 2005 12 x 75 at £3,200 + 6.7% (since 14/11/14)
- Leoville Las Cases 1996 12 x 75 at £1,900 + 5.6% (since 27/06/14)
- Biggest Faller – Yquem 2008 12 x 75 at £1,200 – 6.2% (since 28/04/15)
- Latour 2003 12 x 75 at £6,000 – 3.2% (since 02/05/15)
- Haut Brion 2004 12 x 75 at £2,360 – 1.3% (since 17/12/14)
Buyers continue to hunt for First Growths and their second wines across all vintages so if you are in a position to offer any stock, do please let us know on email@example.com
|Ausone||2008||6 x 75||£1,600||A||3||£1,875||04/07/14|
|Barolo Arborina Elio Altare||2008||6 x 75||£240||A||4||–||–|
|Beauregard||2005||12 x 75||£265||A||1||–||–|
|Clos l’Eglise||2005||12 x 75||£840||A||1||–||–|
|Gevrey Chambertin Cinq Terroirs Denis Mortet||2005||12 x 75||£750||A||2||–||–|
|Haut Bailly||2005||12 x 75||£790||A||2||£750||10/06/15|
|L’Eglise Clinet||2005||6 x 75||£1,900||A||1||–||–|
|La Conseillante||2005||12 x 75||£1,475||A||1||–||–|
|La Violette||2005||12 x 75||£1,000||A||1||–||–|
|Lafite Rothschild||2012||6 x 75||£1,550||A||10||£1,500||01/06/15|
|Le Gay||2005||12 x 75||£1,150||A||2||£1,100||16/04/15|
|Le Pin||2005||3 x 150||£9,000||A||9||£9,500||10/06/14|
|Les Ormes de Pez||2010||12 x 75||£170||A||10||–||–|
|Margaux||2009||12 x 75||£5,000||A||2||£5,000||25/02/15|
|Masseto Tenuta dell’Ornellaia||2009||3 x 75||£800||A||2||–||–|
|Redigaffi Tua Rita||2010||1 x 150||£80||A||14||–||–|
|Richebourg DRC||2005||12 x 75||£15,250||A||1||–||–|
|Romanee St Vivant DRC||2005||6 x 75||£6,200||A||2||–||–|
|Romanee St Vivant DRC||2009||6 x 75||£4,750||A||1||£4,555||25/06/15|
|Sanctus||2005||12 x 75||£295||A||1||–||–|
|Beychevelle||2008||12 x 75||£575||A||10||£570||19/05/15|
|Beychevelle||2010||12 x 75||£525||A||10||£520||21/06/15|
|Brane Cantenac||2010||12 x 75||£500||A||4||–||–|
|Calon Segur||2009||12 x 75||£590||A||10||–||–|
|Grand Puy Lacoste||2006||12 x 75||£315||A||10||£310||01/05/15|
|Lafite Rothschild||2012||6 x 75||£1,500||A||10||£1,500||01/06/15|
|Latour||2001||12 x 75||£3,170||A||1||£3,200||23/03/15|
|Latour||2004||12 x 75||£3,000||A||1||£3,150||15/05/15|
|Latour||2008||12 x 75||£3,100||A||2||£3,245||02/06/15|
|Leoville Las Cases||2004||12 x 75||£930||A||2||£935||18/05/15|
|Leoville Las Cases||2008||12 x 75||£900||A||2||£900||19/12/14|
|Lynch Bages||2008||12 x 75||£735||A||30||£760||09/03/15|
|Lynch Bages||2009||12 x 75||£980||A||2||£980||16/04/15|
|Margaux||2007||12 x 75||£2,590||A||2||£2,650||20/04/15|
|Mouton Rothschild||2002||12 x 75||£2,705||A||2||£2,705||11/11/14|
|Mouton Rothschild||2008||12 x 75||£2,910||A||1||£2,920||17/04/15|
|Pichon Longueville Comtesse de Lalande||2009||12 x 75||£950||A||5||£975||24/03/15|
|Pichon Longueville Comtesse de Lalande||2010||12 x 75||£960||A||5||–||–|
|Smith Haut Lafitte Rouge||2010||12 x 75||£760||A||2||£765||04/12/14|
|Troplong Mondot||2009||12 x 75||£950||A||1||£950||17/07/14|
Enjoy your week.
Daniel, Jean, Simon, Steph & Steve
CaveX Cru is our newly launched service offering members of CaveX the opportunity to buy exclusive parcels of affordable fine wines for everyday drinking.
No need to worry about in-bond, duty-paid, VAT or delivery. We just find great wines from some of the world’s top producers that are drinking perfectly now – all delivered direct to your door.
The Portfolio Management Partnership
More than ever, keeping a handle on what’s in your portfolio, its provenance, and its value is crucial to maintaining the integrity of your investment wines in-bond. Easy if you have a handful of cases and time on your hands. Not so easy if your collection is significant or you aim to invest more.
This is the reason we are launching our Portfolio Management Partnership service. Working with a trusted partner with over 30 years of experience in the fine wine business, this service will help you manage your portfolio, guide you on future investments, allow you to trade in only topflight investment wines and most importantly offer you access to one of the most secure wine storage services available to date.
The Davies Turner Fine Wine team offers consultancy in meeting your individual requirements, building long-term partnerships with their clients, suppliers and partners worldwide. Founded in 1870 and still remaining in private ownership, they have over 140 years experience in freight forwarding being the UK’s leading independent freight and logistics provider. They have become the largest […]
Connoisseur International is a specialist global provider of logistical solutions concerning wines and spirits based in London. They provide a variety of services including worldwide door to door export and import air freight, express courier, refrigerated ocean and road services. Collections are available on a daily basis utilising their own fleet of vehicles from all UK bonded […]