With the 2014 vintage due to be released by Château Latour this month, here we examine where the opportunities may lie in current physical stocks.
As can be seen in the chart above, the price of post-2000 Latour can vary wildly from just over £4,000 per dozen to more than £10,000 depending on the age and quality-perception of the vintage.
When considering Neal Martin’s scores against current Market Prices, the 2012 vintage presents itself as a potential opportunity.
Rated 96-points by Martin when released in 2020, it has widely been tipped as one of (if not the) best wines of the vintage. Despite its release from the estate’s cellars, suggesting it was ready for immediate consumption, Martin added that one should ‘cellar the 2012 for another five or six years to witness it in full flight’.
Pushed back from its usual spring slot at the start of the Covid pandemic, it was released at £4,200 (12×75) with the September rush from La Place de Bordeaux and has not risen in value much since then.
This complicated release might present an opportunity for buyers. By comparison, other 96-point wines such as the 2008 and 2001 have Market Prices of £4,900 and £5,270 respectively – though as the chart shows, they continue to offer relative value.
The 2012 is also currently cheaper than the 2004, 2007, 2006 and 2002 vintages, all of which have lower scores as well.
Liv-ex analysis is drawn from the world’s most comprehensive database of fine wine prices. The data reflects the real time activity of Liv-ex’s 560+ merchant members from across the globe. Together they represent the largest pool of liquidity in the world – currently £100m of bids and offers across 16,000 wines. Independent data, direct from the market.
