Troplong Mondot 2017 has been released at €72 per bottle ex-negociant, down 29% on the 2016 release of €102. It is being offered by the trade at £864 per 12×75, a decrease of 28% in sterling terms on the 2016 release of £1,200 per case.
There have been a number of changes at Troplong Mondot over the past 12 months. In July 2017, French insurance company Scor announced that it had purchased the Chateau for an undisclosed fee. A month later, Managing Director Aymeric de Gironde, confirmed his move to from Cos d’Estournel to Troplong Mondot.
This year’s Troplong Mondot has divided opinion among critics. Neal Martin scored the wine 91-93 points. In his tasting note he commented that “this is a much fresher and balanced style of Troplong Mondot that tended to be over-egged in the past”. He goes on to say, “if this represents how the estate will continue, then the new era is going to be festooned with some exemplary wines”.
His colleague, Antonio Galloni, was more generous and scored the wine 95-98 points. Galloni commented that this year’s release was a “major stylistic shift”, making it “easily one of the wines of the vintage”.
In a recent interview with Liv-ex, Galloni discusses Troplong Mondot and the differences between his and Neal Martin’s scores. To read the interview, click here.
Prices for Troplong Mondot are 77% correlated to score. Based on today’s release of £864 per 12×75, Liv-ex’s ‘fair value’ methodology places the 2017 above the trend line. Followers of Antonio Galloni, however, will find value in this year’s release.
Buyers looking for other options may wish to consider the 2008 and 2012 vintages, which carry higher scores and are available at discounts to today’s release. The 2009 and 2010 vintages also offer relative value.
Liv-ex members can see ongoing real time prices for Troplong Mondot on our Fair Value analysis tool.
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