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The April Newsletter: Bordeaux 2004 - Some now on sale! The FT100 is currently at 4946 and the Dow Jones is at 10458, and both exchanges are in limbo. Interest rates have risen and are set to rise possibly on both sides of the Atlantic and the property market has peaked. Bordeaux 2004 Please see our page on http://www.dunbarfinewine.co.uk/bordeaux2004.html There you will see our first report on the wines in general and the ones that have done very well indeed. --------- The wines that have sold very well over the last months have been the 1996's form the Medoc, particularly Margaux, Lafite and Latour. Mouton Rothschild 1986 prices have started to move up, as have the 1982 1st Growths. Petrus from the 1970's onwards has sold very well, particularly the 1998, which is considered by most to be superior to the 1989 or 1990 wines and the equal of the 2000. The price difference can be £4000, which makes the 1998 a bargain, as they are BOTH Robert Parker 100 point wines. 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, from the humble to the magnificent. I tried a £5.99 from a supermarket the other day and it was for the money very good indeed but of course 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. Rhone 2003 was a success especially for Clos des Papes but also across the board. There are some still available so seek them out with reputable merchants. 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. I once attended a tasting at a prestigious Edinburgh hotel in the early 1990's, the Chapelle 1990 was on show and two of us were fortunate enough to consume the best part of a bottle of the glorious nectar intermittently refreshed by copious amounts of Bollinger. The ticket was only 5 pounds and I must say was a memorable experience on a number of levels! La Chapelle 1990 currently sells for around £200 per bottle!! 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. The sweet wines of 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. 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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