The Cavex platform has seen buyers flocking back in their numbers this past week. As a result, overall bidding activity has grown by 18%, up to £3.44 million, taking total Cavex positions past £5 million for the first time to £5.37million. This increase in bidding activity has additionally taken the bid to offer ratio up to 1.78:1.
Whilst a dip in activity was expected with the mid-autumn festival deadline for collections approaching, the market only experienced a minor pause. Bids have continued to build strongly, primarily for Bordeaux, but interest in Burgundy and CNDP’s has also been increasing.
A trend that has been emerging over the past few weeks is that buyers are now bidding in quantity, showing that at a given price level there are buyers willing to take stock on board. Particularly in Asia, the strengthening of currency against Sterling has no doubt helped.
Following Robert Parker’s re-scoring of the 2003 vintage, it was no surprise to see increased activity for wines of said year. Mouton 2003, although receiving a down grade from 95+ to 91 points, has traded up slightly, albeit by 0.3% but continues to get strong bids at the £3k mark. The revised scores for Chateau Montrose saw immediate trading of multiple vintages with the 2003 at £1,430 and the 2010 trading at £1,585, falling slightly during the week to £1,540 as the dust settled.
Other notable trades from the week saw increased trading in the Bordeaux 2008 vintage with Cos d’Estournel 08 at £665, up 7.4% since August, Leoville Barton 08 at £400, up 2.6% since March and a big climb for Pontet Canet 08, up 14.6% since July to £550.
Whilst First Growths made up the majority of trades during the summer months, they’ve been taking somewhat of a back seat this past fortnight. In the background however, there has been quiet activity with Lafite 2008 trading up 3.1% to £4,950 and Margaux 2005 also climbing up 7.8% to £4,850 both from late July’s previous trades.
Sellers this week have been adding some great Burgundy wines from Domaines such as Bonneau du Martray, Dujac, Hudelot Noellat, Leflaive and Rossignol Trapet. Some great drinking wines are also on offer from the likes of Rotllan Tora’s Amadis 2001 for £100, La Confession 2004 at £200 IB and for the Champagne buyer, a great offer of Salon Mesnil 1999 in bottles and magnums. Be sure to check out all hot bids and offers currently live on the Cavex platform on the below links.
Lastly, we’re delighted to share that Cavex has been in the press this week, appearing in Decanter’s October 2014 issue. We’re delighted to be compared analytically with our peers and that after an 18 month journey, we’re achieving our goal which was to offer the most transparent and profitable platform for private and trade clients to buy and sell wine. We would not have reached this goal without our valued members and we sincerely thank you for continued support.
Hot Offers | ||||||
Wine | Vintage | Format | Qty | Offer | Last Traded | Date |
Angelus | 2005 | 12 x 75 | 7 | £2,350 | £2,700 | 05/09/13 |
Ausone | 2004 | 12 x 75 | 2 | £3,150 | £3,150 | 23/01/14 |
Ausone | 2008 | 12 x 75 | 2 | £3,750 | £3,750 | 04/07/14 |
Coutet | 2010 | 6 x 75 | 1 | £150 | £150 | 06/06/14 |
Domaine Hudelot Noellat Vosne Romanee Suchots | 2011 | 6 x 75 | 2 | £300 | – | – |
DRC Romanee St Vivant | 2005 | 6 x 75 | 4 | £7,000 | £7,200 | 09/01/14 |
Duhart Milon | 2009 | 12 x 75 | 5 | £540 | £530 | 02/09/14 |
Dujac Vosne Romanee Malconsorts | 2009 | 6 x 75 | 1 | £1,650 | – | – |
Grand Puy Lacoste | 2010 | 12 x 75 | 9 | £520 | £520 | 23/05/14 |
Guigal Cote Rotie Mouline | 2009 | 12 x 75 | 1 | £3,450 | £3,640 | 09/05/14 |
Haut Brion | 1996 | 12 x 75 | 1 | £2,450 | £2,560 | 05/07/14 |
Haut Brion | 2000 | 12 x 75 | 1 | £4,920 | £5,000 | 03/12/13 |
Haut Brion | 2001 | 12 x 75 | 2 | £2,400 | £2,400 | 03/07/14 |
Haut Brion | 2010 | 12 x 75 | 1 | £5,300 | £5,400 | 28/07/14 |
La Chapelle de la Mission Haut Brion | 2007 | 12 x 75 | 15 | £425 | – | – |
La Chapelle de la Mission Haut Brion | 2009 | 12 x 75 | 3 | £400 | £400 | 18/07/14 |
La Confession | 2004 | 12 x 75 | 3 | £200 | – | – |
La Fleur Petrus | 2009 | 6 x 75 | 1 | £825 | £825 | 01/04/14 |
La Fleur Petrus | 2010 | 6 x 75 | 2 | £750 | £760 | 20/02/14 |
Lafite Rothschild | 2008 | 6 x 150 | 1 | £4,450 | £4,800 | 15/07/14 |
Latour | 2004 | 12 x 75 | 1 | £3,175 | £3,190 | 11/07/14 |
Le Couspaude | 2000 | 12 x 75 | 1 | £300 | £340 | 19/08/14 |
Le Pin | 2004 | 12 x 75 | 1 | £12,000 | £13,000 | 29/07/14 |
Le Pin | 2004 | 3 x 75 | 1 | £3,000 | £3,250 | 29/07/14 |
Le Pin | 2004 | 6 x 75 | 1 | £5,950 | £6,500 | 29/07/14 |
Le Pin | 2005 | 3 x 150 | 9 | £9,500 | £9,500 | 10/06/14 |
Leoville Barton | 2009 | 12 x 75 | 1 | £600 | £640 | 12/04/14 |
Lynch Bages | 2009 | 12 x 75 | 1 | £975 | £975 | 25/02/14 |
Margaux | 2005 | 6 x 75 | 1 | £2,350 | £2,425 | 04/09/14 |
Mouton Rothschild | 1986 | 12 x 75 | 1 | £5,820 | £6,450 | 03/09/13 |
Rieussec | 2009 | 12 x 75 | 5 | £290 | £310 | 24/06/14 |
Rotllan Torra Amadis | 2001 | 6 x 75 | 20 | £100 | – | – |
Rotllan Torra Tirant | 2001 | 1 x 150 | 5 | £90 | – | – |
Salon Mesnil | 1999 | 1 x 150 | 3 | £400 | – | – |
Salon Mesnil | 1999 | 6 x 75 | 1 | £975 | – | – |
Screaming Eagle Cabernet Sauvignon | 2009 | 3 x 75 | 2 | £3,800 | £3,800 | 13/08/14 |
Segla | 2009 | 12 x 75 | 2 | £180 | – | – |
Tardieu Laurent Chateauneuf du Papes VV | 2009 | 12 x 75 | 3 | £230 | £230 | 24/07/14 |
Hot Bids | ||||||
Wine | Vintage | Format | Qty | Bid | Last Traded | Date |
Armailhac | 2008 | 12 x 75 | 5 | £265 | £260 | 02/09/14 |
Beychevelle | 2006 | 12 x 75 | 5 | £540 | £520 | 11/02/14 |
Beychevelle | 2009 | 12 x 75 | 10 | £535 | £520 | 07/08/14 |
Beychevelle | 2010 | 12 x 75 | 8 | £500 | £500 | 03/09/14 |
Calon Segur | 2003 | 12 x 75 | 3 | £610 | £600 | 28/10/13 |
Clinet | 2010 | 12 x 75 | 1 | £900 | £900 | 27/06/14 |
Clinet | 2010 | 6 x 75 | 1 | £450 | £450 | 27/06/14 |
Cos d’Estournel | 2005 | 12 x 75 | 7 | £1,100 | £1,070 | 24/07/14 |
DRC Duvault Blochet | 2006 | 6 x 75 | 1 | £2,475 | £2,475 | 18/08/14 |
DRC La Tache | 2005 | 3 x 75 | 1 | £6,100 | £6,100 | 03/07/14 |
Ducru Beaucaillou | 2000 | 12 x 75 | 20 | £1,190 | £1,200 | 04/04/14 |
Ducru Beaucaillou | 2002 | 12 x 75 | 1 | £760 | £755 | 14/10/13 |
Ducru Beaucaillou | 2004 | 12 x 75 | 2 | £850 | £850 | 20/08/14 |
Ducru Beaucaillou | 2007 | 12 x 75 | 10 | £730 | £750 | 24/12/13 |
Duhart Milon | 2008 | 12 x 75 | 5 | £465 | £465 | 13/08/14 |
Haut Brion | 2006 | 12 x 75 | 2 | £2,200 | £2,180 | 11/07/14 |
Haut Brion | 2008 | 12 x 75 | 2 | £2,285 | £2,250 | 26/07/14 |
La Mission Haut Brion | 2008 | 6 x 75 | 1 | £580 | £580 | 08/07/14 |
Lafite Rothschild | 2005 | 12 x 75 | 1 | £5,510 | £5,400 | 20/08/14 |
Lafite Rothschild | 2008 | 12 x 75 | 5 | £4,850 | £4,800 | 15/07/14 |
Lagrange | 2003 | 12 x 75 | 3 | £310 | £300 | 31/08/14 |
Leoville Barton | 2000 | 12 x 75 | 5 | £840 | £800 | 04/04/14 |
Leoville Barton | 2005 | 12 x 75 | 1 | £600 | £570 | 25/07/14 |
Leoville Las Cases | 2000 | 12 x 75 | 5 | £1,900 | £1,900 | 07/05/14 |
Leoville Las Cases | 2002 | 12 x 75 | 1 | £910 | £880 | 03/04/14 |
Leoville Las Cases | 2003 | 12 x 75 | 1 | £1,100 | £1,100 | 14/08/14 |
Leoville Las Cases | 2004 | 12 x 75 | 1 | £885 | £880 | 31/08/14 |
Leoville Poyferre | 2006 | 12 x 75 | 2 | £370 | £360 | 20/06/14 |
Leoville Poyferre | 2009 | 3 x 75 | 1 | £325 | £325 | 04/08/14 |
Lynch Bages | 2006 | 12 x 75 | 3 | £705 | £705 | 20/08/14 |
Lynch Bages | 2007 | 12 x 75 | 3 | £685 | £680 | 05/09/13 |
Malescot St Exupery | 2004 | 12 x 75 | 1 | £325 | £325 | 13/06/14 |
Margaux | 1996 | 12 x 75 | 1 | £3,750 | £3,710 | 20/08/14 |
Margaux | 2008 | 12 x 75 | 1 | £2,510 | £2,450 | 10/07/14 |
Montrose | 2008 | 12 x 75 | 2 | £505 | £445 | 25/07/14 |
Montrose | 2009 | 6 x 75 | 1 | £900 | £895 | 25/07/14 |
Mouton Rothschild | 1996 | 12 x 75 | 1 | £3,050 | £3,050 | 05/08/14 |
Mouton Rothschild | 2000 | 6 x 75 | 1 | £5,275 | £5,200 | 05/07/14 |
Mouton Rothschild | 2002 | 12 x 75 | 5 | £2,700 | £2,700 | 04/08/14 |
Mouton Rothschild | 2004 | 12 x 75 | 5 | £2,650 | £2,650 | 14/08/14 |
Mouton Rothschild | 2007 | 12 x 75 | 5 | £2,650 | £2,530 | 04/07/14 |
Palmer | 2000 | 12 x 75 | 1 | £1,900 | £1,700 | 09/10/13 |
Pavie | 2003 | 12 x 75 | 1 | £1,900 | £1,850 | 28/07/14 |
Pavillon Rouge | 2008 | 12 x 75 | 10 | £910 | £890 | 21/03/14 |
Pavillon Rouge | 2009 | 12 x 75 | 9 | £900 | £900 | 10/07/14 |
Pichon Lalande | 2001 | 12 x 75 | 1 | £700 | £700 | 31/08/14 |
Pichon Lalande | 2002 | 12 x 75 | 3 | £660 | £600 | 31/08/14 |
Pontet Canet | 2003 | 6 x 75 | 1 | £355 | £335 | 25/07/14 |
Pontet Canet | 2006 | 12 x 75 | 1 | £555 | £555 | 25/07/14 |
Pontet Canet | 2008 | 12 x 75 | 1 | £550 | £550 | 04/09/14 |
Pontet Canet | 2010 | 12 x 75 | 2 | £1,150 | £1,150 | 28/07/14 |
Smith Haut Lafitte Rouge | 2010 | 6 x 75 | 1 | £400 | £400 | 12/06/14 |
Tenuta dell’Ornellaia Ornellaia | 2004 | 6 x 75 | 1 | £750 | £750 | 10/12/13 |
Tenuta dell’Ornellaia Ornellaia | 2006 | 6 x 75 | 1 | £750 | £750 | 18/03/14 |
Tenuta San Guido Sassicaia | 2007 | 12 x 75 | 5 | £1,240 | £1,240 | 18/03/14 |
Enjoy your week.
Steve, Daniel, Simon & Jean

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 […]