Hot wines under £700, under market First Growths + weekly bids & offers update
Total positions continue to grow above the £3 million mark this week on the Cavex platform, this has come against a back drop of softening Bordeaux prices. Both buyers and sellers have been very active with a multitude of movements between parties as trades have been matched.
Bids have grown a further 6.5% this week, now up to £1.32 million with 22 new wines looking to be purchased. Bordeaux continues to lead the way with buyers looking for certain deals and bespoke items that include Taylor’s 1994 Vintage Port and Sauzet’s Puligny Montachet Perrieres 2005.
The weeks offers have increased by £150,000 with 71 news wines added. Bordeaux is heavily represented, but there are gems to be found such as Armand Rousseau’s 2009 Chambertin at £6250 (6), Chevalier Montrachet 2006 from Philippe Colin at £660 (6), Perrier Jouet Belle Epoque 2004 at £375 (6) and Louis Roederer Cristal 2004 at £725 (6).
Trade highlights from the week include Bonnefond Cote Rotie Cote Rozier 2005 at £140 (6), DRC Richebourg 2005 at £4300 (6), Grand Puy Lacoste 2002 at £280, Lynch Bages 2009 at £975, 22 cases of Petit Mouton 2009 at £540 (6) and a nice parcel of 10 cases of Branson Coach House Greenock Block Shiraz 2005 at £100 (6).
Our highlighted offer this week focuses on a snap shot of very well priced wines under the £700 IB mark. We have also detailed the Bordeaux First Growths that are currently live and priced to move. All these are best UK market prices.
| Best Offers | |||||||
| Wine | Vintage | Format | Qty | Price | Last Trade | Date | Best on WS |
| Alto Conterno Barolo Romirasco | 2004 | 6 x 75 | 1 | £600 | – | – | £650 |
| Antinori Tignanello IGT | 2009 | 6 x 75 | 1 | £230 | – | – | £240 |
| Clerc Milon | 2004 | 12 x 75 | 1 | £430 | – | – | £435 |
| Fuligni Brunello di Montalcino | 2004 | 12 x 75 | 1 | £395 | – | – | £469 |
| Il Poggione Brunello di Montalcino | 2004 | 6 x 75 | 1 | £170 | – | – | £175 |
| La Lagune | 2008 | 6 x 150 | 1 | £345 | – | – | £359 |
| Mas de Daumas Gassac Rouge | 2006 | 12 x 75 | 4 | £180 | – | – | £225 |
| Rauzan Segla | 2002 | 12 x 75 | 4 | £415 | – | – | £450 |
| Talbot | 2000 | 12 x 75 | 1 | £700 | – | – | £735 |
| Ornellaia | 2010 | 6 x 75 | 18 | £635 | £635 | 19-Nov | £639 |
| William Fevre Chablis Vaulorent | 2009 | 12 x 75 | 3 | £295 | – | – | £325 |
| Best Bids | ||||||
| Wine | Vintage | Format | Qty | Price | Last Trade | Date |
| Beychevelle | 2009 | 12 x 75 | 2 | £550 | £540 | 19-Jul |
| Clerc Milon | 2009 | 12 x 75 | 4 | £400 | – | – |
| Clinet | 2010 | 6 x 75 | 1 | £470 | £460 | 21-Sep |
| Duhart Milon | 2009 | 6 x 75 | 4 | £310 | £320 | 25-Sep |
| Grand Puy Lacoste | 2006 | 12 x 75 | 10 | £300 | £300 | 14-Nov |
| Leoville Poyferre | 2007 | 12 x 75 | 30 | £365 | – | – |
| Pavillon Rouge | 2008 | 12 x 75 | 50 | £880 | £800 | 31-May |
| Pavillon Rouge | 2009 | 12 x 75 | 3 | £910 | £920 | 16-Jul |
| Pichon Lalande | 2004 | 12 x 75 | 5 | £700 | £700 | 19-Sep |
| Smith Haut Lafite Rouge | 2010 | 12 x 75 | 2 | £760 | £770 | 24-Sep |
Hot Priced First Growths
| Wine | Vintage | Format | Qty | Price | Last Trade | Date | Best on WS |
| Haut Brion | 2001 | 12 x 75 | 1 | £2,800 | – | – | £2,800 |
| Haut Brion | 2002 | 12 x 75 | 5 | £2,410 | £2,350.00 | 21-Oct | £2,495 |
| Lafite Rothschild | 2001 | 12 x 75 | 1 | £5,300 | – | – | £5,800 |
| Lafite Rothschild | 2002 | 12 x 75 | 5 | £5,250 | – | – | £5,400 |
| Lafite Rothschild | 2004 | 12 x 75 | 5 | £5,250 | – | – | £5,400 |
| Lafite Rothschild | 2009 | 12 x 75 | 2 | £7,200 | £7,200.00 | 06-Sep | £7,340 |
| Latour | 1996 | 12 x 75 | 1 | £5,500 | £5,750.00 | 11-Oct | £5,650 |
| Latour | 2004 | 6 x 75 | 1 | £1,650 | £1,750.00 | 06-Sep | £1,844 |
| Latour | 2004 | 12 x 75 | 2 | £3,575 | £3,500.00 | 06-Sep | £3,600 |
| Margaux | 2004 | 12 x 75 | 1 | £2,825 | £2,780.00 | 16-Oct | £3,000 |
| Margaux | 2008 | 12 x 75 | 1 | £3,000 | £2,700.00 | 26-Oct | £3,040 |
| Margaux | 2009 | 12 x 75 | 1 | £5,640 | – | – | £5,980 |
| Mouton Rothschild | 2004 | 12 x 75 | 2 | £2,970 | £2,825.00 | 11-Oct | £2,990 |
| Mouton Rothschild | 2005 | 12 x 75 | 2 | £3,900 | £4,080.00 | 08-Oct | £3,950 |
| Mouton Rothschild | 2006 | 12 x 75 | 1 | £3,490 | £3,500.00 | 30-Oct | £3,600 |
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.
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 3 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.
We look forward to hearing from you.
Best wishes
Cavex
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