Last week, Château Léoville Barton 2022 was released at €64.20 per bottle ex-négociant, up 15.1% on the 2021 release (€55.80 per bottle).
It is being offered by the international trade for £780 per 12×75, a 16.6% increase on the 2021’s opening price (£669 per case).
At this price, several back vintages offer comparatively good value compared to the new release.
You can read our analysis of the release here.
Opportunities in Léoville Barton back vintages
There is no significant correlation between Léoville Barton Market Prices and Neal Martin scores – the chosen critic for Liv-ex’s ‘Fair Value’ methodology.
Using the chart above, buyers looking for value might be interested in the 2017 vintage, which scored 94 points from Neal Martin and has a Market Price of £570 per case – a 26.9% discount on this year’s release.
The 2020 might also be an interesting opportunity, holding a Neal Martin score of 95 points and available at a discount of 6.9% to the 2022 release. The 95-point 2015 is also available at a more modest discount of 5.1% to the 2022, and comes with a few years in bottle.
It’s worth nothing that the 2016 was named Wine Spectator’s Wine of the Year in 2019. Like other past winners, it experienced a decent spike in Market Price which has endured through today, as seen in the chart above.
While there is no significant correlation with Neal Martin scores, Château Léoville Barton prices are 71% correlated to Wine Advocate scores.
According to the chart above, the 2019 looks attractive even at a 5.5% premium to the 2022 release. It scored an impressive 97 points from William Kelley (Wine Advocate), who called it ‘one of the finest wines from this château in recent times’ and compared it to the ‘brilliant’ 1985 Barton.
Another interesting opportunity is the 2014, which scored 94 points from Wine Advocate and is currently available at a 23.1% discount to this year’s release.
Liv-ex members on Silver packages and above can explore more on correlations to scores from Wine Advocate and others via the Fair Value Tool.
There are currently 307 LIVE Léoville Barton opportunities on Liv-ex.
In case you missed it:
Here’s what we’ve been reading:
- Liv-ex: Château Léoville Barton 2022 released En Primeur
- Decanter: Scrapping EU wine laws offers ‘£180m boost’, claims UK government
- The drinks business: The best vintage wines from The Champagne Masters 2023
Our Bordeaux En Primeur 2022 page contains everything you need to know about this year’s campaign. You can also sign up for our daily En Primeur email alerts using the form below.
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.
