Blog


This list shows all blog posts.

Merry Christmas! 10 tips for peace on (your own little patch of) earth

by Wine Owners

Posted on 2016-12-22




Christmas is perhaps the only time of year where families embrace our passion for wine, but just occasionally we may get a bit carried away. So in the warmest of Christmas’ spirits, we offer you ten tips to keep everyone merry over the next few days.

 Champagne shows you’re trying. People see the magic word and relax in the knowledge that everything’s going to be all right. You do not want to start the festivities having to explain how rare and expensive your alternative sparkler is.

 Your mother-in-law must have her usual. Whatever it is. It is not about good manners; it is about world peace. (And it will cut off at the pass any attempt to open your bottle of Louis XIII brandy).

 The cook’s glass must never be empty. Def Con is at level 5 over the festive season, primarily due to the cook’s fear of missing out.

 Extraordinarily, some people may feel the food is more important than the wine.  Once you have carefully laid out glasses for champagne, white burgundy, red burgundy, claret, pudding wine and port, you may just want to check where the plates will go.

 Beer shows you’re a man of the people and not some wine snob. Don’t stint on the quality or quantity - if Uncle Tom were drinking your Chambolle, it would be a darn sight more distressing.

 There is a reason the waiter uses the simple lever corkscrew. Proudly bringing out the dual-powered, multi-functional Super Deluxe digitised Wine Opener for that magnum of Leoville-Barton '61 is at the very least reckless.

 Plan ahead. Your gently slumbering 1963 Quinta do Noval will need to stand upright for a couple of days to allow the sediment to settle.

 Decanting is not always showing off. Crunchy is not a wine descriptor you want applied to 50 year old port.

 Everyone loves chocolate. Don’t fight it. And don’t try to match a wine with it, unless you’re into aged Sake. Champagne is the universal panacea.

 Finally, whilst wine lovers know that great wine will never give you a hangover, some people are in denial. Do not blame the food. Remember the cook is not just for Christmas.

WE WISH YOU AND YOURS A VERY MERRY CHRISTMAS!



Knight Frank Fine Wine Icons Index update

by Wine Owners

Posted on 2016-03-03


Two years ago, we introduced the Knight Frank Fine Wine Icons Index (KFFWI Index), created exclusively for Knight Frank. The KFFWI Index reflects a representative basket of the world’s 40 most iconic wines, drawn from key regions of production.

The Knight Frank Fine Wine Icons Index (KFFWII) - made up of many of the world’s most sought-after and trophy wines - is up 85% in the last 5 years, outperforming the Wine Owners 150 (market tracker) index by 50%.



Over a 10 year period, the index has grown by 250%.




Bordeaux on the rise 

With new collectors coming into the market in greater numbers, and a year of solid if unspectacular gains under Bordeaux’s metaphorical belt, the market appears set for another year of single digit rises. As Bordeaux is the world’s single largest region of quality wine production, we expect to rebalance the Knight Frank Fine Wine Icons Index back towards top Bordeaux, principally from great, older vintages .

With this in mind, it’s not surprising that of the 25 top-performing First Growths in 2015, only two were from 2009 or 2010. Those vintages that performed best were 1989, 1990, 1996, 2000, and 2005. 

We continue to see opportunities in Bordeaux in 2016 as the market continues its recovery.

2005 Classed Growth Medocs were up 9% in 2015, yet we are likely to see further upward momentum during 2016. It is a great vintage currently going through a backward, tannic phase, yet when it emerges from this part of its cycle it is likely to be seen as being on par with the great 2010 vintage.

Italy, Burgundy, California

Looking more widely, Overall, the Wine Owners Northern Italian Index is up 7.5% over the last 12 months, and will surely gather further momentum in 2016 with the continued interest in Barolo and Barbaresco.

Burgundy remains hot, with the Wine Owners Blue Chip Burgundy index up 15% in the last 12 months, and 26% over the last 3 years. California fine wine performance has been similarly strong.

Buying strategy

More than ever, ‘wine picks’ within a framework of quality, wine style, and relative value, is key.

Quality

For primary market releases the old saying ‘follow the producer, not the vintage’ still holds true, but these days that loyalty must be subject to the sense check of the ‘relative value’ analysis explained below.

The risk involved in buying within the secondary market is significantly mitigated by the body of tasting notes that accumulates as wine ages, allowing a proper evaluation through consensus, and a better sense of style.

Wine Style

The fashion for big, extracted wines is on the wane. The trend is firmly back towards wines of balance and finesse, and this is especially true of the most expensive wines. Modern styled producers tend not to see value appreciation to the same extent as their more timeless counterparts. 

Relative value

High value wines bought to be kept for a number of years are commonly selected on relative value. Selecting specific critic scores and generating a price per point allows the collector to see which wines have, on balance, an upside.

Typically, price per points analysis is conducted on a vertical of a single wine’s vintages or comparatively between other producers’ wines from the same vintage within the same category or group of wines.




This week, Knight Frank launched the 10th Edition of the Knight Frank Wealth Report, which offers a unique glimpse into the attitudes, investments and choices of ultra-high-net-worth individuals (UHNWIs) from around the world. You can download the report here.






Post Parker primeurs

by Wine Owners

Posted on 2015-03-16


With Robert Parker handing over the reins of Bordeaux Primeurs tasting to Neal Martin, what are the implications?

The first, most obvious, change is Neal’s palate.

However objective a critic may be, his or her palate and personal preferences inevitably play a big part. Where Parker excelled was at getting his impressions across in a particularly accessible and descriptive way; not easy when tasting barrel samples. The temptation is to describe a wine in its elemental state elementally, which isn't that interesting to read. He described its future, and over the years demonstrated he was rather good at that.

His personal preferences may have veered towards a sunnier style of wine, but he tended to let the wine buyer know if a wine was stylistically towards one end of the spectrum or another. But it must be very hard to award a great score to a wine that doesn’t move you viscerally, and to that extent personal preferences must come into play.

Martin’s tasting preferences are naturally more European than Parker’s, and is perhaps more likely to be dazzled by finesse and complexity over power, texture and rich fruit. This is a gross oversimplification for sure, but perhaps suffice to say his evaluations will be his own.

The second is winemaking trends.

The trend back towards a more classical form of winemaking is already underway (allied to far better vineyard husbandry than was broadly the case when Parker started out – he is often attributed with raising standards). Use of new oak is being moderated at many Chateaux, and régisseurs are looking at ways to fully express and nuance their amazing terroirs, sub-plots and micro-climates whilst making the most of Bordeaux’s inherent ability to bear and bottle the most age-worthy wines in the world.

The tendency of the late 1980s and 1990s towards making and showing the kind of wines proprietors thought would garner the best scores early on is on the wane. If the world’s leading critics and evaluators of young Bordeaux favour a finer-boned vernacular, this will be reflected in the market, which is more likely than not to reward those styles of wine with the greatest demand.

The third change is context.

Back in the early 1980s there was no Internet, market transparency was therefore limited and the market was much narrower than today’s. Can another critic, however good, assume the same degree of importance and purchasing influence over a market in the way that Parker has achieved? If so, will they come from Europe or do they have to be American? Or Asian?

Will crowdsourcing views and reviews become a proxy for the next leading critic of his or her generation, a perspective that arises with the growing importance of the Internet? I wonder. Some may argue that buyers are too ready in our online age to trust the word of a virtual room-full of complete strangers over the words of an advisor or friend. Whilst such principles may work well for holiday destinations or white goods manufacturers, it’s tougher to see how this will ultimately prevail for the finest of fine wine. How experienced is the taster, do they have a bank of reference points in respect of tasting young wines, and can they draw parallels between what a wine tasted like when in barrel compared with 10-15 years on? Can they recognise the future evolution of a young wine, see similarities and differences, then context (and visualise) the next young wine they taste accordingly? What does it mean when experienced tasters say that great wine is born great? What does great taste like? What’s the palate preference of each taster; where on the spectrum do they sit?

That’s an awful lot of questions to ask of a crowd, especially when most of them have day jobs. Broadly, people may not care about all that of course; but people into their fine wine, and making spending decisions based on the judgement of others, will care. That’s why evaluators of fine wine such as Neal Martin, Jancis Robinson, Stephen Tanzer, Antonio Galloni, Tim Atkin, Will Lyons, and many other talented writers (see here) matter so much.

What could be somewhat significant in turning reputation and influence into market impact is the business model deployed. What I wonder is this: with the Internet capable of coalescing huge audiences and showing the true - often massively underestimated - size of market niches, will blanket subscription firewalls allow wine writers to maximise market influence?

How experts in general monetise their high value content may yet change over the next few years, perhaps in a parallel way that the music business experienced a profound shift from selling records to selling bums on seats and festival tickets. Will the experiential become the bigger money-spinner? How the world’s critics engage with their audience and allow them an element of participation and dialogue may prove decisive for the next Parker, if there is to be one. Being social web savvy can only but help.

The fourth change may be the end to ‘wait and see’.

If the Chateaux knew Robert Parker was coming to Bordeaux, they might hold off from releasing until his scores were known, and the job of negociant and merchant alike was simplified, if sometimes a little delayed.

When Parker didn't come to town within a few months of the new vintage, the market reflected the collective views of the wine industry that had tasted samples most frequently (producers, courtiers, negociants, importers) and added a dose of realism to do with the macro-economic context. Price differentials within a set of wines (e.g. First Growths) were narrower. So, famously, 1990 was priced cheaply in the recession of 1991 as was 2008 in the post-Lehmann, financially sclerotic environment of 2009.

In the short term at least, all the leading critics will turn up to taste on time and publish on time. The extent to which they will collectively or individually influence prices (and demand) remains to be seen, but it would be more surprising if they didn’t have at least some bearing on the market. Producers are more likely to have made up their mind on pricing based on their qualitative assessments early on, and perhaps we shall all be spared interminably long campaigns.




WO Exchange Top 20 – Best deals against Market Value

by Wine Owners

Posted on 2015-03-11


A week into March, activity on the fine wine exchange has been steady off the back of record highs in January and February. The focus has clustered around older vintages of Bordeaux, in line with market expectations which indicate that apart from ‘perfect’ wines there is as yet modest appetite for 2009 and 2010, let alone more recent vintages.

In vintages which are attracting more favour, however, successful bids have been closer than ever to market price, and seem to indicate the beginnings of wider price improvement.

The WO First Growth Index shows improvement still from December, though shedding a point from early February’s level, perhaps following a slight trading lull post Chinese New Year.

First Growth Index


With that in mind, worth noting that there are still many offers that are below either market level, or best UK market price, and by no means are these all Bordeaux. In fact, a ‘best 20’ offers includes extraordinary variety at best-in-market prices: Insignia 1996, Grange 2009, Rousseau Clos des Ruchottes 2000, and big bottles of Ausone 2005 and La Mission 2001.

Wine Pack size Cases In Bond Pack Price Current market price
Joseph Phelps Winery Insignia - 1996 12x75 1 IB £1,100.00 £1539.24
Chateau Ausone - 2005 1x300 2 IB £3,000.00 £3424.2
Chateau Angelus - 2005 6x150 1 IB £2,200.00 £2556.72
Penfolds Wines Grange Bin 95 Shiraz - 2009 6x75 10 IB £1,550.00 £1879.92
Chateau l'Evangile - 2005 6x150 1 IB £1,250.00 £1565.76
Domaine Meo-Camuzet Nuits-Saint-Georges Aux Boudots - 1996 12x75 1 IB £2,250.00 £2496
Chateau de Valandraud - 2005 12x75 2 IB £1,400.00 £1638.6
Frederic Magnien Chambertin Clos de Beze - 2009 12x75 1 IB £1,000.00 £1236.36
Roberto Voerzio La Serra Barolo - 1998 12x75 3 IB £900.00 £1107
Jean Chauvenet Nuits-Saint-Georges Les Damodes - 2004 12x75 1 IB £250.00 £456
Chateau La Mission Haut-Brion - 2001 3x300 1 IB £1,195.00 £1400.04
Roberto Voerzio Brunate Barolo - 1998 12x75 2 IB £800.00 £993.72
Chateau Moulin Saint-Georges - 2005 12x75 1 IB £310.00 £483.24
Chateau Clinet - 2009 12x75 1 IB £1,875.00 £2040.36
Paul Jaboulet Aine La Chapelle Hermitage - 2006 6x75 1 IB £310.00 £429.06
Falletto di Bruno Giacosa Falletto Barolo Riserva - 2001 6x75 1 IB £1,250.00 £1366.14
Domaine Armand Rousseau Clos des Ruchottes Monopole - 2000 12x75 1 IB £3,190.00 £3305.28
Les Forts de Latour - 2004 12x75 1 IB £1,175.00 £1289.88
Domaine Henri Bonneau Cuvee Speciale Chateauneuf du Pape - 1998 6x75 1 IB £1,900.00 £2012.22
Roberto Voerzio Cerequio Barolo - 1998 12x75 2 IB £850.00 £952.92
Domaine Alain Hudelot Noellat Chambolle-Musigny - 2007 12x75 1 DP £300.00 £401.16


Denis Bachelet’s Charmes Chambertin

by Wine Owners

Posted on 2015-02-13


It was February 2007, and Denis was particularly excited. He’d just had a call from the American Ambassador in Paris, who was driving down to Gevrey Chambertin to taste his exceptional 2005s. If ever there was a defining moment in his gradual, understated rise to superstardom could this have been it?

Whilst every wine that Denis makes is exceptional in its classification, it is his Charmes that encapsulates the magic of his low-intervention winemaking from extremely old vines. To our taste, it is the finest of all Charmes Chambertins.

With top vintages, such as 2005 in £4,000-5,000 territory (if you can find any), 2007 looks remarkably good value at £1,575.

2007 is an earlier drinking vintage – but with a velvety density that delivers a sensation of lusciousness over the underlying soft tannins. Think of 2000 but with greater density and finesse. The fruit is still primary and will take a year or so yet for the secondary elements to show and express themselves. It should be at its peak around 2016-2020.

His wines are at complete ease in their metaphorical skins. Perfectly weighted, allied to a fine intensity and directness. There are no disappointing vintages here, just wines to drink a little earlier than others.

In a recent comparative tasting of 1999 and 2001 vintages alongside Armand Rousseau’s Charmes, Denis’s simply blew them away. 2002 Charmes also showed its class more recently in the same company as grand crus of the same vintage from Roumier, Rousseau and Ponsot.

Last year, a few of us attended a Charmes dinner, attended and written up by arguably the finest burgundy critic of his generation, Neal Martin, in The Hedonist’s Gazette.

Here are his summary scores:

2002 Charmes-Chambertin Tres Vieilles Vignes Grand Cru - Joseph et Philippe Roty ?
2002 Charmes-Chambertin Vieilles Vignes Grand Cru - Denis Bachelet 96
2001 Charmes-Chambertin Vieilles Vignes Grand Cru - Denis Bachelet 92
2000 Charmes-Chambertin Grand Cru - Joseph et Philippe Roty 92
1998 Charmes-Chambertin Vieilles Vignes Grand Cru - Denis Bachelet 94
1996 Charmes-Chambertin Vieilles Vignes Grand Cru - Denis Bachelet 92?
1993 Charmes-Chambertin Vieilles Vignes Grand Cru - Denis Bachelet 97
1990 Charmes-Chambertin Vieilles Vignes Grand Cru - Denis Bachelet 91
1988 Charmes-Chambertin Vieilles Vignes Grand Cru - Denis Bachelet 96
1999 Charmes-Chambertin Vieilles Vignes Grand Cru - Dominique Laurent 91
1999 Charmes-Chambertin Vieilles Vignes Grand Cru - Denis Bachelet 97
2008 Charmes-Chambertin Vieilles Vignes Grand Cru - Denis Bachelet 95
 

Denis Bachelet


Measuring wine writers influence through social media

by Wine Owners

Posted on 2015-02-13


The Traackr social media influence platform that we used for creating the wine writers and bloggers index elicited a fantastic range of comments, appropriately via social media on Twitter and Facebook.

Measuring writers personally based on their social media engagement across all platforms through which they engage their audience is a fresh way of looking at the world, which is precisely what makes it interesting.

So let’s dig a little deeper into how writer-centric, social media online measurement actually works:

As previously explained, Traackr’s algorithm is based on 3 parameters: Relevance, Reach and Resonance.

In the case of the wine writer and bloggers index, Relevance – the measure of expertise within the subject –scored highly across the board, as one might expect and the keywords used to determine this were necessarily quite broad.

The distribution of scores that reflect relevance were in fact tighter than Reach or Resonance, so this proved rather less of a discriminating factor than it otherwise might have done.

Subscription sites that put most content behind a firewall can’t be measured of course, since web crawlers and searchers cannot access them, so some of the most influential wine writers in the world end up with low overall scores.

Although their Twitter and social media accounts may well score well, blog posts and articles posted across online properties (which can be measured as long as sufficient article or blog text copy is available via RSS feeds) are heavily weighted by Traackr, so these influencers don’t show up as being key influencers through social media as they don't disseminate their content through it.

They may have significant influence over wine trade and consumer buying decisions, and consequently wine prices and the market, due to their experienced palates and authoritative wine evaluation and writing skills, but this is not what’s being measured when ranking by social media influence.

Reach measures the size of audience, based on numbers of followers and visits across all reach points. This measure focuses on the writer as an individual, and their free-to-air content whichever online properties they write for (as long as they can be personally identified).

That brings us to Resonance. This describes how much endorsement and engagement is being generated by a piece of content; every comment against blog entries or articles that are accessible free-to-air and available via RSS feeds, every talk about, tweet and retweet.

Those wine writers who outperformed their peers in the resulting list engaged powerfully with their audience, generated disproportionately high numbers of comments and talk abouts, along with tweets and retweets.

There’s something special to a consumer about having a dialogue with people who are expert in their subject area, or otherwise connecting with them online, and it’s to be celebrated. Of course it’s a different measure of influence when compared to the dissemination of paid for, advisory content through traditional media (whether online or not). Today, however, we proudly recognise the wine writing stars of social media and the social web across its many forms and the significant contribution they make, passing on their knowledge, guidance and passion to the many millions of people interested in wine.

Reach & Resonance Algorithm


UK Wine Writers And Bloggers Index

by Wine Owners

Posted on 2015-02-09


We’ve been working with our good friends at Traackr, a unique San-Francisco and London based platform for influencers, to build a ranking of UK wine writers and bloggers based on a measure of their relative influence - weighted favourably towards their social media engagement.

Traackr enabled us to create key influencer scoring for wine writers and bloggers in the UK, by their influence within social media. This is measured through interaction with their content, actions such as comments, link backs and re-tweets; and aims to encompass all personal activity, extending beyond the scope of traditional website-centric measuring tools.

The index highlights wine writers and bloggers who are most active through social media, and who have websites or blogs that are at least partially freely accessible and up to date. It excludes those who run subscription sites behind paywalls, where these do not have content that can be accessed via RSS feeds in front of the paywall.

See the following post for further explanation of methodology and why some top influencers of wine fine buyers aren't in the top 15. Traackr’s scoring algorithm is takes into account 3 variables:

REACH - The measure of total audience size eg blog visitors, Twitter followers, YouTube subscribers.

RESONANCE – How much activity is created every time something is published. Engagement constitutes a crucial (and therefore heavily weighted) variable that reflects degrees of influence.

A writer or blogger with the biggest reach may therefore still come below another with a smaller following but who has a higher resonance score – because the level of engagement is used as a prime measure of how influential they are within their audience.

RELEVANCE - This is a measure based on a broad range of wine-related keywords, which in the case of this index reflects the fine wine end of the market. Relevance is a factor of how often someone uses the keywords that drove the search; the timing of the keyword usage; the diversity of the keywords used by an influencer; and the placement of keywords.

Influence is dynamic, and scoring will reflect how levels of activity and engagement change. Online and social media are highly fluid ; this index will be updated every 6 months to reflect changes and newcomers.

The index highlights new or niche writing talent as well as confirming the importance of many household names, for the benefit of wine lovers and collectors as well as those who are discovering wine.

We hope you enjoy reading them as much as we do. Please let us know which of your favourite UK-based wine writers we’ve missed so we can include them in the project and see how they fare in six months’ time!

Top 15 Influencers

 

And here's the complete list of all the UK wine influencers:

Rank Influencer  Reach* Resonance* Relevance* Website
1 Jancis Robinson 99 73 87 http://jancisrobinson.com
2 Jim Budd 89 56 91 http://jimsloire.blogspot.com
3 Jamie Goode 92 31 95 http://wineanorak.com
4 Fiona Beckett 96 47 90 http://www.matchingfoodandwine.com/
5 Andrew Barrow 84 68 87 http://spittoon.biz
6 Tim Atkin 93 46 89 http://timatkin.com
7 Sarah Ahmed 81 51 90 http://thewinedetective.co.uk
8 Victoria Moore 81 50 89 http://howtodrink.co.uk/
9 Matthew Jukes 80 46 89 http://matthewjukes.com
10 John Abbott 62 57 89 http://decanter.com
11 William Lyons 82 33 89 https://www.facebook.com/willlyonswine
12 Robert McIntosh 91 47 80 http://wineconversation.com
13 Nicolas Rezzouk 49 73 83 http://ofmustandmash.wordpress.com
14 Lucy Shaw 65 44 86 http://finewineandthecity.blogspot.in
15 Richard W. H. Bray 62 36 89 http://winerant.blogspot.com
16 Geordie Clarke 71 44 81 http://geordieclarke.com
17 Rupert Millar 26 69 84 http://thedrinksbusiness.com
18 Jane Parkinson 78 32 79 http://www.janeparkinson.com
19 Robert Joseph 87 24 78 http://thewinethinker.com
20 Quentin Sadler 76 27 79 http://quentinsadler.wordpress.com
21 Richard Hemming 80 40 75 http://jancisrobinson.com
22 Natasha Hughes 77 34 76 http://natashahughes.com
23 Rosemary George 83 37 72 http://tastelanguedoc.blogspot.com
24 Henry Jeffreys 84 56 68 http://worldofbooze.wordpress.com
25 Warren Edwardes 46 50 74 http://wineforspicewarrenedwardes.blogspot.com
26 Chris Kissack 76 71 64 http://thewinedoctor.com
27 Vim Chatwani 73 26 72 http://12x75.com
28 Sarah Abbott 79 24 71 http://sarahabbottmw.com
29 Daniel Winerackd 52 31 72

www.winerackd.uk

30 Neal Martin 86 25 61 http://wine-journal.com
31 Matt Walls 62 42 61 http://mattwalls.co.uk
32 David Lowe 75 28 60 http://bigpinots.com
33 Peter Wood 41 10 74 http://thetastingnote.com
34 Walter Speller 44 90 51 http://walterspeller.com
35 Nick Stephens 50 43 55 http://bordeaux-undiscovered.co.uk
36 Anthony Rose 81 48 47 http://anthonyrosewine.com
37 Oz Clarke 94 50 44 http://ozclarke.com
38 Sally Easton 70 37 42 http://winewisdom.com
39 Michael Edwards 27 53 45 http://michaelbulles.blogspot.co.uk
40 Patrick Schmitt 19 12 56 http://thedrinksbusiness.com
41 Benjamin Dawes 45 47 29 http://rdfinewine.com
42 Pieter Rosenthal 48 50 25 http://corkandbottle.co.uk
43 Sarah Newton 93 29 13 http://wine90.com

Source: Traackr


The online wine community in a nutshell - Source: Traackr.

The online wine community in a nutshell - Source: Traackr.


Introducing the Knight Frank Fine Wine Icons Index.

by Wine Owners

Posted on 2014-11-10


Created by Wine Owners* exclusively for Knight Frank, The Knight Frank Fine Wine Icons Index (KFFWI Index) reflects a representative basket of the world’s 40 most iconic wines, drawn from key regions of production. Up to 5 vintages of each wine are included.

The KFFWI has delivered growth of 230% over the last 10 years. Looking at the last 7 years growth has been 115%, 43% over 5 years and 8.5% over the last 3 years.

KFFWI



Given its role as the world’s largest fine wine region of production, Bordeaux is strongly represented with 14 wines, encompassing all of the First Growths. The performance of any fine wine index since Bordeaux’s peak in June/ July 2011 will reflect – and be depressed by - the very significant falls experienced since then.

Those highs were driven by unprecedented demand from China in the years leading up to 2011. Speculation overtook the interests of an orderly market, with brokers betting on which wines would become the next recognised brands in the Chinese market, creating an investment bubble.

Since the bubble burst, First Growth declines have averaged -28%, with certain wines halving in value, for example Lafite 2005 has fallen by -48.6%.

Volatility creates buying opportunities in any market, and wine is no different. When sentiment is negative, markets will tend to overshoot as they readjust. Whether we'll see a recovery this year or next remains to be seen. At some point in that timeframe sentiment towards Bordeaux will improve as prices bottom.

It may take the remainder of 2014 for market positions to unwind. Prices will start to firm up as and when channel inventories start to deplete. Calling the bottom of a market is notoriously problematic, but back vintages are looking more interesting than at any time in the last 4-5 years.

Other fine wine regions have performed exceptionally well over the last few years, notably Burgundy. Top burgundy has averaged 63.5% growth over the last 5 years, and 34% over the last 3 years. Scarcity of supply of demanded wines is a key driver of future value, and Burgundy has suffered a string of short vintages since 2010, a factor that is likely to lend support to current pricing levels of new releases.

The top 20 performers over the last 12 months reflect the increasing the growing interest in northern Italy.

Giacomo Conterno Monfortino Barolo Riserva DOCG - 2004 45.29
Giacomo Conterno Monfortino Barolo Riserva DOCG - 2006 42.94
Sylvain Cathiard Vosne Romanee Aux Malconsorts Premier Cru AOC - 2010 40.96
Giacomo Conterno Monfortino Barolo Riserva DOCG - 2002 39.06
Screaming Eagle Winery Cabernet Sauvignon Napa Valley AVA - 1995 28.99
Quinta do Noval Nacional Vintage Port - 2001 26.51
Domaine Armand Rousseau Gevrey Chambertin Clos Saint-Jacques Premier Cru AOC - 2008 26.37
Tenuta dell' Ornellaia Masseto Toscana IGT - 1998 20.66
Domaine Jean-Francois Coche-Dury Meursault Perrieres Premier Cru AOC - 2010 19.53
Domaine Jean-Francois Coche-Dury Meursault Perrieres Premier Cru AOC - 2008 18.89
Petrus Pomerol AOC - 2001 18.28
Sylvain Cathiard Vosne Romanee Aux Malconsorts Premier Cru AOC - 2009 17.64
Faletto di Bruno Giacosa Falletto Barolo Riserva DOCG - 2001 17.44
Faletto di Bruno Giacosa Falletto Barolo Riserva DOCG -  2004 17.23
Faletto di Bruno Giacosa Falletto Barolo Riserva DOCG - 2004 17.23
Tenuta dell' Ornellaia Ornellaia Bolgheri DOC - 2004 16.53
Tenuta dell' Ornellaia Masseto Toscana IGT - 1997 15.94
Chateau Le Pin Pomerol AOC - 2009 14.92
Domaine de la Romanee-Conti Richebourg Grand Cru AOC - 2002 12.08


Bigger production volumes offer better market liquidity, to the benefit of Super Tuscan brands, and which Solaia and Masseto enhanced by distributing through the Place de Bordeaux.

Barolos and Barbarescos from 2010 - considered to be a great Piedmont vintage, have ignited interest in the region - and its similarities with Burgundy - small estates, fragmented ownership, mono-cepage (single noble grape variety) and scarcity - suggest there is future value to be achieved if same degree of general qualitative improvement seen in Burgundy over the last decade can be demonstrated.

The bottom 20 performers over the last year simply reinforce the decline of Bordeaux prices.

Chateau Palmer Margaux Troisieme Cru Classe AOC - 2005 -15.36
Chateau Pontet Canet Pauillac Cinquieme Cru Classe AOC - 2006 -15.63
Chateau Montrose Saint-Estephe Deuxieme Cru Classe AOC - 2000 -15.74
Chateau Cheval Blanc Saint-Emilion Premier Grand Cru Classe A AOC - 2000 -16.15
Chateau Latour Pauillac Premier Cru Classe AOC - 2005 -16.61
Chateau Haut-Brion Pessac-Leognan Premier Cru Classe AOC - 2009 -16.69
Chateau Le Pin Pomerol AOC - 2001 -16.69
Chateau Haut-Brion Pessac-Leognan Premier Cru Classe AOC - 2005 -16.71
Chateau Margaux Premier Cru Classe AOC - 2005 -17.34
Chateau Latour Pauillac Premier Cru Classe AOC - 1996 -17.5
Chateau Mouton Rothschild Pauillac Premier Cru Classe AOC - 2005 -17.95
Chateau Lafite Rothschild Pauillac Premier Cru Classe AOC - 2000 -18.05
Chateau Lafite Rothschild Pauillac Premier Cru Classe AOC - 1996 -18.24
Chateau Cheval Blanc Saint-Emilion Premier Grand Cru Classe A AOC - 2005 -18.7
Chateau Margaux Premier Cru Classe AOC - 2000 -19.35
Chateau Lafite Rothschild Pauillac Premier Cru Classe AOC - 2005 -19.94
Chateau Ausone Saint Emilion Premier Grand Cru Classe A AOC - 2005 -21.21
Chateau Le Pin Pomerol AOC - 2000 -22.37
Chateau Ausone Saint Emilion Premier Grand Cru Classe A AOC - 2000 -25.02
Chateau Margaux Premier Cru Classe AOC - 2009 -25.30


WINE PICK: 2006 Mouton Rothschild

by Wine Owners

Posted on 2014-10-13


2006 Mouton Rothschild


INFOGRAPHIC - Your life in wine: The Collector

by Wine Owners

Posted on 2014-08-18


Infographic - Your Life in Wine: The Collector


18 records

Blog Search


Get a fully inclusive Robert Parker subscription

Robert Parker’s insights are an essential information resource if you have an interest in wine. We are thrilled to share that content with our Premium members, and offer the most complete experience for the collector and wine lover.

Normally $99/y, it is available free as part of the Wine Owners’ premium plans.

LEARN MORE

Subscribe to The Collector

Get market insight delivered directly to your mailbox by subscribing to our newsletter. Please complete the form below to request our free email newsletter.


Processing label...

Sorry, we could not process your request.

Try again Enter manually


Take Snapshot Cancel Cannot see an image?
If you cannot see an image coming up, please check your security settings of your browser. Blocking of the webcam can also be indicated by a red icon in your address bar.
Processing upload...
busy