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June 2005 Newsletter: Bordeaux 2004 - All Châteaux have now
declared their prices!
Bordeaux 2004 Please see the page on http://www.dunbarfinewine.co.uk/bordeaux2004.html Please note that you do need to subscribe to the newsletter in order to be notified of our latest offers including some more Le Pin 2004. We have seen virtually all the wines form Bordeaux declare their prices and demand has been strong in places like Calon Ségur at £215, Léoville Barton at £240, Montrose at £294, Vieux Château Certan at £450 and disappointing in other areas particularly Cos D'Estournel at £450. Our opinion is that Montrose is a better wine than Cos D'Estournel and the market agrees with Montrose outselling Cos by a significant margin. This may be one time where Robert Parker has got it wrong. The market is very price sensitive and when Pavie came out at £750 there where not too many takers, surprise, surprise the price came down in no time to £660. We are still not convinced that this is value for money when you can get Calon Ségur at £215, Léoville Barton at £240, Montrose at £294 and Vieux Château Certan at £450. We think that this campaign although it got off to a slow and even muddled start will be longer than in recent years, especially as the wines are under constant revaluation by tasters going out to Bordeaux. Demand has been very good for Margaux, Lafite, Latour and of course Le Pin for which we got an allocation this year. An offer for these First Growths will go out today, Friday 10th June for these wines. The sweet wines of
Bordeaux 2004 are apparently showing well at this very early stage.
I would recommend that if you do purchase then stipulate that you
want half bottles rather than normal bottles. The reasoning is quite
simple; you then have 24 opportunities to
have the wine rather than 12. If you need more wine at a
dinner party then open another half, but the overriding consideration
is that a case of half bottles is far more saleable than a case
of normal ones as restaurants love the halves that are perfect for
a group of four or even 6 diners. Note that D'Yquem
2004 is now available en primeur. Leoville Poyferre continues to sell well as the market now recognises that they are making superb wine and this is very much a property to follow. The same can be said of Montrose and Latour especially in recent vintages. Sociando Mallet just keeps on outperforming its rivals making prodigious wine at very reasonable prices. Those who have tasted the 1986 or 1990 in recent years will know exactly what I mean! Burgundy especially the reds from 2002 and 2003 have proved to be the wines to buy with the Domaine Romanee Conti 2002 wines have attracted all the attention of late with prices headed for the stratosphere. Like Petrus, there is only a very small amount of wine available and a queue right around the corner. The 2002 white Burgundies are very good indeed especially the Chablis, but take care with the 2003's, as they are very low in acidity and are not typical of what one might expect. The Chablis in particular taste more like a white Burgundy (bigger and fatter) than the typical Chablis from recent years. Note that the La Chapelle 1990 from Jaboulet is short supply and prices are starting to move up for this perfect wine, which atypically has been approachable since release and is truly a fantastic bottle of wine. One bottle of the 1961 La Chapelle made over £3000 at auction recently, it is possible that the 1978 will never emerge from it's tannic shell, so the best one after that is the 1990. Do not say that you were not warned!! Prices though for
most wines have remained fairly stable as the dollar is so weak
against the Pound and the Euro. The Americans have found the prices
in Europe prodigiously expensive and to a large extent have stayed
away. This situation cannot remain indefinitely and once the dollar
strengthens again we will see them as a serious factor again. SELECTION: Click to see our selection of over 25 wines, some as a case that you can mix yourself from a superb selection and some in case quantities. They are all virtually all great quality wines at prices well below what other retailer sell them for. The wines are made by very well respected and hugely talented producers from around the world and can be delivered to your door in just a few days, sometimes less than 24 hours! Try us, you will not be disappointed. If you wish to discuss the acquisition or disposal of wine, please complete the form in the Contact section. We are available if you wish to call on the phone number listed below. Call
in to our website at http://dunbarfinewine.co.uk/investment.html
to see for yourself how fine wine has historically been a first-class and consistent
investment, when the wine is sourced from reliable suppliers and not some of the
cowboys that have given our business problems in the past. December
2001 Newsletter - click here | |||
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