Cavex Update & Stock Offer Highlights
With a second full week of trading under our belts, and the bold move by Mouton Rothschild in releasing their 2012 at the start of the Bordeaux campaign, its been quite an exciting week. Time will tell if Mouton made the right move in stamping some authority on how the 2012 campaign should pan out. The low release price certainly kicked started some interest. It therefore seemed rather poignant that the first case of Bordeaux First Growth to be traded on the Cavex platform was a case of Mouton Rothschild 2000 at £9300 IB.
The bids and offers continue to grow with a great range of wines live on the platform. Members are loading up their portfolios confidently and its great to see the support building strongly from contacts old and new. We thought we would take the opportunity to list some of the current statistics and our stock highlights where we are placed at the end of week two;
- Total value of member portfolios – £5.5 million
- Total value of current live offers – £600,000 with 742 cases for sale
- Total value of live bids – £150,000 with 155 cases looking to be purchased
- Average price of a case sold – £1450 IB (12 x 75cl)
Highlights
Our highlights this week are from the current live offers on the platform. Remember that these prices include In Bond delivery to a UK bonded warehouse or can be collected for export directly and can be bid against at any time.
| Wine | Case Format | Condition Type | Price | Quantity | Min. Quantity |
| Chateau Angelus 2006 | 6 x 150 | A | £1,775 | 1 | 1 |
| Chambolle Musigny Confuron Cotetidot 2009 | 12 x 75 | A | £280 | 10 | 5 |
| Charmes Chambertin Taupenot Merme 2008 | 6 x 75 | A | £320 | 10 | 5 |
| Coppermine Road Cabernet Sauvignon D’Arenberg 2002 | 12 x 75 | A | £160 | 2 | 2 |
| Chateau Cos d’Estournel 2006 | 6 x 150 | A | £825 | 1 | 1 |
| Dominus Christian Moueix 2003 | 6 x 75 | A | £400 | 2 | 1 |
| Chateau Gruaud Larose 1996 | 6 x 150 | C | £700 | 1 | 1 |
| Chateau Latour 2000 | 12 x 75 | A | £8,650 | 1 | 1 |
| Chateau Leoville Barton 1996 | 12 x 75 | C | £750 | 1 | 1 |
| Chateau Leoville Poyferre 2003 | 12 x 75 | A | £1,085 | 2 | 1 |
| Chateau Lynch Bages 2006 | 6 x 75 | A | £395 | 1 | 1 |
| Chateau Margaux 2003 | 6 x 75 | A | £2,350 | 1 | 1 |
| Napanook Christian Moueix 2003 | 12 x 75 | A | £260 | 2 | 1 |
| Chateau Pichon Longueville Baron 2005 | 12 x 75 | A | £975 | 1 | 1 |
| Chateau Pichon Longueville Comtesse de Lalande 2000 | 12 x 75 | A | £1,750 | 2 | 1 |
| Chateau Pichon Longueville Comtesse de Lalande 2003 | 12 x 75 | A | £1,075 | 1 | 1 |
| The Dead Arm Shiraz D’Arenberg 2002 | 12 x 75 | A | £250 | 2 | 1 |
| The Factor Torbreck 2002 | 6 x 75 | A | £220 | 1 | 1 |
| Chateau Yquem 2004 | 12 x 37.5 | A | £745 | 2 | 2 |
| Chateau Yquem 2004 | 12 x 75 | A | £1,490 | 1 | 1 |
| Chateau Yquem 2007 | 12 x 37.5 | A | £1,320 | 4 | 1 |
A reminder that you can also join in the discussion group on current market news and trends on our LinkedIn page here
If your trading privileges have not yet been activated, please contact us on + 44 (0) 1491 576 300 or info@cavex.co.uk.
Thank you for your continued support.
Best wishes
The Cavex Team
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 […]