Recent trading activity
California remained in the focus this week with 43.2% of total trade by value. Several vintages of Opus One were in the spotlight. Highlights included the 2015 and 2010 vintages, which both traded at highs of £3,800 and £4,180 per 12×75 respectively.
In Bordeaux, two vintages of Pichon Baron also traded at all-time highs. The 2000 and 2004 vintages last traded at £2,750 and £1,350, representing increases of 554% and 321% respectively since release.
Pol Roger Sir Winston Churchill 2015 pricing analysis
*All Pol Roger Sir Winston Churchill scores shown are the most recent Wine Advocate scores.
Ahead of Pol Roger Sir Winston Churchill 2015’s upcoming release, we review its price in the context of other vintages currently available.
At the time of writing, William Kelley (The Wine Advocate) is the only critic to have scored the wine, awarding it 94+ points. In his tasting note, he said that it was ‘a strong effort in a less-acclaimed vintage’ and added that ‘stylistically, it is somewhat reminiscent of a modern-day version of the 1985.’
The chart above shows Pol Roger Sir Winston Churchill prices compared to the latest Wine Advocate scores. If the wine were to be released at £1,920 per 12×75 (the same as the 2013 release), Wine Advocate followers may want to consider other options.
For example, the 2004 vintage was also scored 94 points by the critic. However, it has several years additional bottle aging and a slightly lower Market Price of £1,900.
Other alternatives include the 2009 and 2013 vintages, which were both scored a higher 96-points by Kelley and are available at £1,915 and £1,920 per 12×75 respectively.
Fair Value
Prices for Pol Roger Sir Winston Churchill are not closely correlated to critic scores. Instead they follow the traditional pricing pattern for fine wine where vintages appreciate in price with the passing of time, as the chart below shows.
As a result, buyers might hope for the new vintage to enter the market at a lower price to those already available. If that happens, then the release might be an interesting opportunity for buyers.
However, for those seeking other options, several vintages fall below the line, including the 2006, 2004, 2000 and 1999.
There are currently over 417 LIVE Pol Roger opportunities on your exchange.
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 620 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.
