haut brion

Awe-inspiring Burgundy auction scheduled for the autumn

Posted by WineInvestment.org on July 16, 2013
Cult Wines Ltd News / No Comments
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In excess of 140 lots of Domaine de la Romanée-Conti, worth an estimated $2.1 million, will be sold at auction this September.

Sotheby’s have announced that the sale will take place in in Hong Kong on September the 7th.

The wines are derived from eight grand cru-designated vineyards in the Côte d’Or, with the most desirable being from Vosne-Romanée. These include Romanée-Conti, La Tâche, Echézeaux and Richebourg.

The sale includes:

• 36 six-liter methuselahs

• 18 lots of Romanée Conti

• More than 70 magnums

• Vintages from 1970 to 2003

• 30+ lots of Echézeaux and Grands Echézeaux.

There is increased need for guarantee of provenance due to the Rudy Kurniawan counterfeit scandal, Sotheby’s emphasise that the wines on offer have been stored correctly and that the source is highly legitimate.

The auction house states that: ‘All the wines in this sale were purchased, on release, directly from one of Domaine de la Romanée-Conti’s importers, and were subsequently sold as a part of a larger collection to the current owner. So the wines have only been owned by two collectors since being distributed by the importer.’

Hong Kong is also set to host a sale of wines direct from the cellars of first-growth Bordeaux estate Haut-Brion.

Source: www.wine-searcher.com

 

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En Primeur Releases: Pontet Canet, Haut Brion, La Mission Haut Brion & La Mondotte

Posted by WineInvestment.org on May 03, 2013
Bordeaux en primeur 2012, wine investment / No Comments
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Thursday Morning saw a flurry of en primeur releases as the Bordelais returned to their offices following a well deserved break to bombard smart phones with an alternative alarm! Of the releases the three major wines to take notice were Pontet Canet, LMHB and Haut Brion. For us the Clarence Dillon wines, tasted last during our time in Bordeaux, were a definite highlight with Haut Brion in particular impressing. Pessac was one of the best performing appellations in 2012, and we believe these two wines will develop into two of the best from this vintage over the coming years. At their release prices, they are reduced from their 2011 which is welcomed, and make them look good value for money.

Similarly, Pontet Canet one of the recent stars of the left bank was released at a 9% discount to the 2011 price (Unsurprisingly at the same ex-neg price as fellow ‘Flying Fifth’ Lynch Bages). Although this vintage didn’t quite find the same favour with Parker as their back to back 100 pt wines in 09 and 10, we were impressed with the precision and balance of this wine once again and equally critics seemed to favour the bio-dynamic and organic estate with solid scores from Suckling & Jancis Robinson. From a drinking perspective, Pontet always delivers, and from an investment point of view it’s our belief that as an estate the fifth growth is continuing to grow in stature and prices across the board are likely to increase, so to buy for less than £700 p/case in a few years may well look like a smart buy.

Offers subject to availability:

Bordereaux (RED)

2012 Pontet Canet    @ £640 per case (12)                                         RP: 91-94              JS: 94-95

2012 Haut Brion                @ £2,600 per case (12)                                  RP: 93-95              JS: 95-96

2012 LMHB                      @ £1,600 per case (12)                                  RP: 91-94                JS: 93-94

 

Winemaker of the Vintage: Denis Durantou Wines

Also released this week were the wines of Eglise Clinet’s Denis Durantou. If you are buying for drinking in 2012, I wouldn’t look past these wines, as they are fantastic value for money.

Les Cruzelles @ £75 per 6   RP: 90-92

La Chenade @ £55 per 6     JS: 88-89

Investment Recommendation: La Mondotte

This release has taken our fancy- La Mondotte, which was – very surprisingly – released at a hugely reasonable price. They only produce 650-1,000 cases per annum of this wine, which was elevated last year to St-Emilion Premier Grand Cru classé ‘B’, having previously been unclassified. In a vintage where the Right Bank wines excelled and crop yields were down, we expected this ‘micro-cuvee’ to release at a far higher price, especially when we saw the Parker score of 94-97 points a couple of weeks ago.

However, they’ve recognised the calls for lower pricing this year and come out at a hugely reasonable £575 per half-case (6x75cl). The table below compares the 2012 to other back vintages (we’ve highlighted those vintages which are comparable to 2012 in terms of quality):

 

Vintage RPJ-In Barrel/In-Bottle Current Price (£/cs)
2012 94-97 £1,150
2011 92-94 £1,110
2010 96-98+/99 £2,988
2009 95-98+/100 £3,200
2008 93-95+/96 £1,560
2007 90-93/91 £1,242
2006 93-96/97 £1,786
2005 96-100/99 £2,580
2004 93-95/93 £1,430
2003 92-94/95 £2,360
2002 88-90+/88 £1,351
2001 92-95/94 £2,460
2000 96-98/98+ £3,440

 

 

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