- Bibi Graetz Testamatta 2021 has been released at £708 per case.
- The wine has a score of 96 points from The Wine Advocate’s Monica Larner.
- Today’s release is among the most expensive on the market. The 2016 vintage offers good value among back vintages.
Bibi Graetz’ Testamatta 2021 has been released through La Place de Bordeaux at €49 per bottle ex-négociant, equal to both the 2020 and 2019’s release price.
It is being offered internationally for £708 per 12×75, 13.2% lower than last year’s opening price (£816 per 12×75).
At this price, today’s release is one of the most expensive of the last ten vintages. The 2016 and 2020 vintages look better value compared to today’s release. See more pricing analysis below.
Critical response
The Wine Advocate’s Monica Larner awarded today’s release a score of 96 points. She noted that ‘Testamatta offers fresh aromas of violet, rose, forest green and candied orange peel. Bibi says 2021 was generally warmer than 2020, but all three vintages—2020, 2021 and 2022—are considered hot. He is upbeat regarding 2023 thanks to all the rain’. Larner further adds that ‘the beautiful results are classic and bright’.
Lisa Perrotti-Brown MW (The Wine Independent) also awarded the wine 96 points. In her tasting notes she mentions that ‘the medium-bodied palate has a firm, chewy texture with a refreshing line supporting the intense red berry and savory layers, finishing long and minerally’. This results, she writes, in a wine that is ‘beautiful!’.
Jane Anson scored the wine higher with 97 points, and said she loves ‘the sculpting of this wine, it’s just so impressive’.
Fair value
Bibi Graetz’s Testamatta Market Prices are 56.8% correlated to age, according to Liv-ex’s Fair Value methodology.
As the chart below shows, some recent vintages look better value in comparison to today’s release. The 96-point 2016, along with the 94-point 2018 and 2019 vintages are available at a discount of about 20% to the 2021. The 95-point 2020 is also available at a 28.8% discount to today’s release.
Other releases
The white Testamatta 2022 was also released today at €49 per bottle ex-négociant, 10.9% down on last year’s release price (€55 per bottle).
The 2022 white and 2021 red Colore were also released at €129 a bottle. The red is offered by the international trade for £1,680 per 12×75, 19.1% lower in comparison to last year’s opening price (£2,076 per 12×75).
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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 20,000 wines.
