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Investment Recommendation: Château L’Église-Clinet 2006, Pomerol (12x75cl) RPJ: 96pts

Owner: Denis Durantou

Production: approx. 1,800 cases P/A -Previously, one of the least well known of its appellation due to its miniscule production but in recent years has ranked amongst the Finest Pomerols.

Chateau L’Eglise Clinet has found a place on the top of the Pomerol pyramid with their Bordeaux wine. Denis Durantou has been on a hot streak since 1998, producing a conveyor belt of great vintages that exhibit First Growth quality.

Tasting Notes

“One of the greatest wines of the vintage is, not surprisingly, from proprietor Denis Durantou. A remarkable effort in every sense, the 2006 l'Eglise Clinet is not far off the quality of the prodigious 2005. Its inky/ruby/purple colour is accompanied by a powerful nose of mocha, caramelized red and black fruits, smoke, graphite, and truffle. Massive and rich with full-bodied power, excellent focus and definition, and moderately high tannin, this is an "outlier" for the vintage (as Malcolm Gladwell would say) with unbelievable length and richness. Unfortunately, patience will be essential as it needs a minimum of 5-6 years of cellaring. It will age effortlessly for three decades.”

Score: 96 Robert Parker, Wine Advocate (181), February 2009

Below is a comparison table for recent L’Église Clinet vintages in descending order of RPJ score (left) and market value (right).

L’Église Clinet Comparable Vintage Table:

From the above table, the 2006 not only ranks as one of the best vintages but looks great investment value, especially when you consider that the inferior 1995, 1998 & 2008 are trading at a higher level.

It is very apparent that the major movers over the past weeks have been across the right bank. The increase in demand for wines such as Angelus, Vieux Chateaux Certan, Conseillante & l’Eglise Clinet suggests we are beginning to see a shift of emphasis from the Left Bank to the Right Bank. Until now, these wines have very much been unaffected by the Bordeaux buzz in the Far East, with the exception of Petrus, Ausone and Cheval Blanc.

One of China’s largest retailers, Aussino Cellars*, which has 200 stores in 100 cities across China, cancelled a dinner with the Union des Grands Crus and said it will promote the Right Bank instead of Left Bank wines. This indicates that Far Eastern buying habits are broadening and consumers are becoming more and more educated about Bordeaux wine.

Aussino has stated that it is not intending to abandon buying Left Bank, but its shift in emphasis will have a strong impact on the pricing of a handful of top Chateaux across the Right Bank, and more specifically, Pomerol.


The success of the Right Bank has been relatively muted over the past few years as wines from the Left Bank of Bordeaux’s river Gironde have seen the largest price rises. Sales figures for the last two months suggest that this trend is changing.

Could wines from Bordeaux’s Right Bank be coming back into favour with top-end buyers?

With L’Eglise Clinet’s microscopic production levels and renowned quality we expect this wine to be leading the Right Bank resurgence.

*Aussino Owner Robert Chen was listed no. 17/50 on The 2011 Decanter Power List- a list citing the most influential people in the wine market.

 

   

The scrolling trades below are brought to you in association with the London International Vintners Exchange
 




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