Yesterday, Dom Perignon 2008 was released in the UK between £1,200-£1,240 per 12×75 for those that secured an allocation.
The wine has already seen a flurry of trade on Liv-ex. It last traded for £1,402 per 12×75, around a 16% increase on yesterday’s release price.
Antonio Galloni (Vinous) awarded the wine 98+ points. In his tasting note, he described it as “fabulous” and added that “the 2008 is going to need a number of years before it is at its best”.
Jancis Robinson was also full of praise. She said that there was “masses of energy here, as well as the usual flirtatiousness” and scored the wine 18.5 points.
Prices for Dom Perignon are not closely correlated to critic scores. Instead, vintages have appreciated in price with the passing of time, as the chart below shows. Based on today’s release price, Dom Perignon 2008 is coming to the market slightly above the price implied by our ‘fair value’ methodology. Buyers looking for value may wish to consider the 2003, 2004, and 2005 vintages.
Looking for more?
Back in October, we released a detail report on Champagne’s performance in the secondary market. You can download it here.
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