Bordeau Vintages Price spiral.

Oct 09, 2006 1 Replies

Rate this thread:

IAN HINDS 19 years ago

Since the declaration of the 2005 astonishing opening prices of of BORDEAUX

2005, prices for vintages at auction in London, Oxford and Abergavenny for vintages like 1996, 1995 and 1989 have risen by an average by 70% in the last 4 months for 1st growths and super seconds.

E.G. Mouton Rothschild 1996 was £800 ( $1500 or€1075 ) per 12 bottle wooden case in November 2005 and has now achieved £1800.

What impact is it making elsewhere? For instance, what is happening to the fine wine market in California?

Vote

DaleW 19 years ago

I've definitely seen major price increases, though maybe not to the extent you're talking in UK (those 2005 prices for '96 Mouton seem low for US). With the 2005 prices, a lot of people said they'd backfill vintages. Excellent vintages with bottle age on them like 1996 Medocs were same price as futures! But now that demand has really driven up prices. If trend continues, only Bordeaux I'll be drinking are those I already own!

I think collectible wines are going up in almost every category. Not so up on Califiornia, but mature Piedmont (anything 1990 or before from good vintages) prices have increased even more than Bordeaux.

Vote

Join the Discussion

Have something to add? Share your thoughts — no account required.

Didn't find your answer?

Ask the community — no account required