Cavex hits the 6 month mark
As Cavex reaches its six month anniversary today and while we raise a glass in the office to this latest milestone, we would like to take this opportunity to say thank you to all our members for the support we have received during this period. We have enjoyed working with all our new members, whilst also continuing relationships with existing friends, and we look forward to building on these even more over the coming months.
Our growth has been steady since our launch and the valuable feedback we have received has been greatly appreciated. With £2.7m of positions currently live on the Cavex platform spread over 2700 cases for bid and offer, and with solid growth figures of 5% per week on average we are well placed for the coming months.
Whilst Bordeaux continues to dominate the latest trades with Lafite, Margaux, Latour and Ausone all highlights this week, we have seen a spread into drinking Italians, Rhones and White Burgundies. As usual you can see all our recent top trades on the dedicated link on our home page. This week, there are 166 new cases being offered for sale ranging from d’Arenberg Coppermine Road 2001 at £100 IB per 6 x 75cl, through to a case of Lafite Rothschild 2009 at £7600 IB per 12 x 75cl. Our buyers are looking for a further 27 wines totalling £120,000 in value so please do take a look at the latest bids and offers list to see what is currently being searched for.
To catch up with all our latest trades just click here.
| Hot Bids | |||||||
| Wine | Vintage | Format | Price | Contract | Qty | Last Traded | Date |
| Beychevelle | 2009 | 12 x 75 | £555.00 | A | 2 | £540.00 | 19-Jul |
| Carruades de Lafite | 2008 | 12 x 75 | £1,720.00 | A | 20 | £1,740.00 | 23-Sep |
| Carruades de Lafite | 2010 | 12 x 75 | £1,640.00 | A | 8 | £1,640.00 | 13-Sep |
| Duhart Milon | 2009 | 6 x 75 | £320.00 | A | 4 | £320.00 | 25-Sep |
| Haut Brion | 2000 | 3 x 150 | £2,900.00 | A | 1 | ||
| Lynch Bages | 2000 | 12 x 75 | £1,650.00 | A | 1 | £1,650.00 | 13-Jun |
| Lynch Bages | 2005 | 12 x 75 | £1,025.00 | A | 50 | £1,050.00 | 16-Jun |
| Margaux | 2004 | 12 x 75 | £2,780.00 | A | 1 | £2,750.00 | 11-Sep |
| Montrose | 2006 | 12 x 75 | £580.00 | A | 5 | ||
| Pavillon Rouge | 2008 | 12 x 75 | £920.00 | A | 50 | £800.00 | 06-Sep |
| Pavillon Rouge | 2009 | 12 x 75 | £930.00 | A | 3 | £930.00 | 16-Jul |
| Pavillon Rouge | 2006 | 12 x 75 | £920.00 | A | 5 | £910.00 | 06-Sep |
| Pontet Canet | 2009 | 6 x 75 | £740.00 | A | 2 | £740.00 | 03-Sep |
| Hot Offers | |||||||
| Wine | Vintage | Format | Price | Contract | Qty | Last Traded | Date |
| Barde Haut | 2010 | 12 x 75 | £220.00 | A | 13 | ||
| Barolo Romirasco Aldo Conterno | 2004 | 6 x 75 | £600.00 | A | 1 | ||
| Brunello di Montalcino II Poggione | 2004 | 6 x 75 | £170.00 | A | 1 | £175.00 | 16-Aug |
| Latour | 2004 | 12 x 75 | £3,900.00 | A | 1 | £3,625.00 | 06-Sep |
| Latour – Pristine Non OWC | 1996 | 12 x 75 | £5,450.00 | C | 1 | ||
| Le Petit Cheval | 2009 | 6 x 75 | £530.00 | A | 10 | ||
| Leoville Barton | 2003 | 12 x 75 | £700.00 | A | 1 | £730.00 | 12-Jul |
| Les Forts de Latour | 2010 | 12 x 75 | £1,590.00 | A | 5 | £1,630.00 | 23-Sep |
| Lynch Bages | 2009 | 12 x 75 | £1,050.00 | A | 1 | £1,060.00 | 28-Aug |
| Margaux | 2010 | 12 x 75 | £5,325.00 | A | 1 | ||
| Pichon Longueville Baron | 2003 | 12 x 75 | £940.00 | A | 1 | £940.00 | 15-Jun |
| Poujeaux | 2010 | 12 x 75 | £195.00 | A | 6 |
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 […]