Cavex hits the £3 million mark + weekly bids & offers update
After a couple of weeks nipping at the heels of the £3 million mark our total live positions have broken through for the first time reaching £3,04 million. Another very pleasing milestone to reach as we come to the end of our 8th month of trading.
The total live cases have grown to 3,325 with bidders responding strongly to the highlighted DRC offer last week. Notable trade from that offer has been the Richebourg 2005 trading at £4,300 per 3 x 75 case sold by a private member trading at just 3% commission.
Other trade highlights have again been pleasing this week with members picking up stocks from last weeks hot stocks. Haut Brion 2004 at £2,400, Lafite 2005 trading again at £6,700, Montrose 2008 at £555 and Rauzan Segla 2009 at £800. Its not all been Bordeaux though on our trade highlights with one member picking up a case of Torbreck The Factor 2002 at £220 per 6, a 99 pointer from Robert Parker and Ornellaia 2008 at £660 per 6.
This week we have highlighted a more detailed hot stocks list to look over. As the market continues to soften with Bordeaux prices there are some deals to be had.
If you are in a position to offer stocks for sale, please do email us at trading@cavex.co.uk With commissions of just 3%, we are helping many private collectors sell through their portfolios with average payments made in 17 days from being matched. Do not hesitate, therefore to give us a call to see how we can help you maximise your returns.
REMINDER TO ALL MEMBERS – CHRISTMAS WAREHOUSE CLOSURES
With the Christmas season fast approaching and most logistics facilities hitting their busiest time of year, please do bear in mind that In Bond warehouse deliveries can take longer to complete than normal. Octavian and LCB move a vast amount of wine over the coming 4 week period and will be shut between Christmas and New Year. Therefore if you are planning on buying or selling wines over the coming weeks please take this busy period into consideration.
| Cavex Hot Stocks 29.11.2013 | ||||||
| Hot Bids | ||||||
| Wine | Vintage | Format | Qty | Price | Last Trade | Date |
| Batailley | 2009 | 12 x 75 | 2 | £290 | £290 | 16-Sep |
| Beychevelle | 2009 | 12 x 75 | 2 | £550 | £540 | 19-Jul |
| Clinet | 2010 | 6 x 75 | 1 | £470 | £460 | 21-Sep |
| Forts de Latour | 2006 | 12 x 75 | 4 | £1,350 | £1,350 | 19-Nov |
| Haut Brion | 2000 | 3 x 150 | 1 | £2,750 | £2,450 | 12-Nov |
| La Mission Haut Brion | 2006 | 6 x 75 | 2 | £720 | £720 | 05-Nov |
| Lafite Rothschild | 2005 | 12 x 75 | 1 | £6,700 | £6,700 | 22-Nov |
| Lafite Rothschild | 2006 | 12 x 75 | 1 | £5,150 | £4,800 | 17-Sep |
| Leoville Barton | 2008 | 12 x 75 | 30 | £380 | – | – |
| Lynch Bages | 2006 | 12 x 75 | 20 | £710 | £710 | 14-Oct |
| Montrose | 2003 | 12 x 75 | 2 | £1,400 | £1,400 | 29-Oct |
| Montrose | 2008 | 12 x 75 | 9 | £555 | £555 | 25-Nov |
| Mouton Rothschild | 2009 | 6 x 75 | 1 | £2,600 | £2,600 | 07-Oct |
| Pavillon Rouge | 2003 | 12 x 75 | 7 | £940 | – | – |
| Pavillon Rouge | 2006 | 12 x 75 | 5 | £900 | £910 | 06-Sep |
| Pavillon Rouge | 2008 | 12 x 75 | 50 | £880 | £800 | 31-May |
| Pavillon Rouge | 2010 | 12 x 75 | 4 | £930 | £930 | 30-Oct |
| Pichon Lalande | 2003 | 12 x 75 | 9 | £1,000 | £1,000 | 21-Nov |
| Pontet Canet | 2008 | 12 x 75 | 9 | £580 | £580 | 19-Nov |
| Rauzan Segla | 2009 | 12 x 75 | 10 | £800 | £810 | 10-Oct |
| Smith Haut Lafite Rouge | 2010 | 6 x 75 | 2 | £380 | £385 | 24-Sep |
| Troplong Mondot | 2005 | 12 x 75 | 2 | £1,500 | £1,500 | 02-May |
| Hot Offers | ||||||
| Wine | Vintage | Format | Qty | Price | Last Trade | Date |
| Aldo Conterno Barolo Romirasco | 2004 | 6 x 75 | 1 | £600 | – | – |
| Ausone | 2008 | 6 x 75 | 2 | £2,450 | £2,450 | 17-Oct |
| Chapoutier Ermitage Meal | 2009 | 6 x 75 | 2 | £740 | – | – |
| Clinet | 2006 | 6 x 75 | 2 | £240 | – | – |
| Clos Fourtet | 2009 | 12 x 75 | 1 | £1,900 | £1,995 | 18-Nov |
| Grand Puy Lacoste | 2008 | 12 x 75 | 3 | £270 | £300 | 12-Jun |
| Haut Brion | 2002 | 12 x 75 | 5 | £2,410 | £2,350 | 21-Oct |
| Lafite Rothschild | 2002 | 12 x 75 | 5 | £5,250 | – | – |
| Lafite Rothschild | 2009 | 12 x 75 | 1 | £7,200 | £7,200 | 06-Nov |
| Latour | 1996 | 12 x 75 | 1 | £5,500 | £5,750 | 01-Oct |
| Le Pin | 2009 | 3 x 75 | 1 | £6,450 | – | – |
| Leflaive Chevalier Montrachet | 2007 | 6 x 75 | 1 | £1,650 | – | – |
| Leoville Poyferre | 2000 | 12 x 75 | 2 | £1,250 | – | – |
| Lynch Bages | 2009 | 12 x 75 | 1 | £1,000 | £1,060 | 28-Aug |
| Mouton Rothschild | 2003 | 6 x 75 | 1 | £1,650 | £1,650 | 09-Sep |
| Mouton Rothschild | 2005 | 12 x 75 | 2 | £3,900 | £4,080 | 04-Oct |
| Mouton Rothschild | 2008 | 6 x 75 | 2 | £1,570 | – | – |
| Ornellaia | 2010 | 6 x 75 | 18 | £635 | £635 | 19-Nov |
| Petit Mouton | 2009 | 6 x 75 | 22 | £575 | £540 | 10-Sep |
| Petrus | 2005 | 6 x 75 | 1 | £12,500 | £12,000 | 09-Sep |
| Pichon Lalande | 2002 | 12 x 75 | 3 | £810 | £810 | 22-Nov |
| Rauzan Segla | 2002 | 12 x 75 | 4 | £415 | – | – |
| Roumier Bonnes Mares | 2011 | 6 x 75 | 1 | £4,400 | – | – |
| Soldera Case Basse BdM Riserva | 2006 | 6 x 75 | 2 | £1,480 | – | – |
| Talbot | 2000 | 12 x 75 | 1 | £700 | – | – |
| Talbot | 2009 | 12 x 75 | 7 | £375 | £375 | 21-Nov |
To catch up with all our latest trades just click here.
Seen a bid or offer that you are interested in but yet to have your trading privileges approved? Then please get in touch by calling us on +44 (0) 1491 576 300 so that we may get you activated straight away.
We look forward to hearing from you.
Best wishes
Cavex
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.
External Service Providers
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 […]