Tasted blind as a vintage comparison at the Valandraud vertical, the 2003 Margaux is fully mature on the nose. There is ample fruit here, well defined for the vintage with blackberry and cedar, this bottle demonstrating a subtle fungal character that I have not discerned in previous bottles. There are faint scents of rust iron piping that develop with further aeration. The palate is medium-bodied with slightly dry tannin, offering more fruit than the 2003 Valandraud it was paired with: feisty black pepper and allspice finish with a decent aftertaste. There might be better bottles than this, even so, there is probably not another Margaux that touches this First Growth. I see no harm in broaching bottles now and over the next ten years. Tasted December 2016.