Bordeaux Is Back, Wine Prices Have Increased Significantly
Zürich, Switzerland, March 15, 2016 (Newswire.com)
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The will of the wine reviewer, especially Robert Parker as well as IWC, Decanter, Wine Spectator and many others had, unfortunately, had nothing to do with reality or the price expectations of wineries.
Even with the fascinating wines from Bordeaux there is a limit, which rarely exceed the customer.
Open letters of the London Wine Merchant to the Chateau's in Bordeaux, with the request to reduce prices, became ineffective. So lots of customers or dealers who have bought their wines in the subscription, owned great wines, that often lost value.
Suddenly the world was upside down and Robert Parker was some time in China.
In recent months, however, the tide has turned in wine auctions world wide.
Wines all ovre the world have increased value by up to 20% per year.
The wines from Burgundy and Italy but also Champagne and German berry - and dryberry selections from JJ Prum, Egon Müller, Robert Weil recorded incredible price increases.
Now the wines from the Bordeaux reappear in a different light, are even almost cheap compared to the Egon Müller, Domaine Romanee Conti, Henry Jayer or Armand Rousseau.
Prices are rising again in, for wine price analysts so typical, undulations.
Here are some examples: Bordeaux outperformers in the last 6 months
Chateau D'Yquem - 1976 750ml € 820.00 (+) 99.42%
Branaire Ducru - 2009 750ml € 72.00 (+) 283.39%
Domaine de Chevalier - 2007 750ml € 70.00 (+) 125.81%
Chateua Fombrauge - 2000 750ml € 48.37 (+) 93.48%
Chateau Rouget - 2010 750ml € 56.00 (+) 103.64%
Chateau Latour - 2009 750ml € 1,450 (+) 86.74%
Chateau Lucia - 2013 750ml € 41.28 (+) 127.56%
Haut Bergey - 2005 750ml € 52.02 (+) 99.39%
Soutard - 2005 1,500ml from 75,00 € (+) 86.89%
Lynch Bages - 2011 750ml from 75,00 € (+) 123.61%
Chateau Coutet - 1998 750ml € 38.00 (+) 103.43%
Du Tertre - 1982 750ml € 45.04 (+) 99.47%
Angelique de Monbousquet - 1997 750ml € 35.00 (+) 203.29%
Bourgneuf Vayron - 1982 750ml € 70.00 (+) 276.75%
Chateau Nenin - 2002 750ml € 36.00 (+) 93.24%
Chateau Clinet - 2010 750ml € 82.33 (+) 233.18%
Aile d'Argent - 1998 750ml € 48.00 (+) 85.19%
La Conseillante - 2010 750ml € 180.00 (+) 95.65%
Bordeaux Vintage Comparison - Performance since 2012
1990 +2,05%
1991+22.04%
1992 +50.41%
1993 +30.39%
1994 +8.68%
1995 +5.42%
1996 +10.05%
1997 +23.35%
1998 +34.78%
1999 +26.87%
2000 +45.68%
2001 +32.92%
2002 +32.84%
2003 +16.17%
2004 +19.81%
2005 +11.96%
2006 +24.79%
2007 +24.14%
2008 +17.96%
2009 +7.32%
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Tags: forecasts, investment wine, wine auctions, wine cellar, wine forecasts, wine index, wine investment, wine prices, wine value