- Château Cheval Blanc 2023 has been released at £4,680 per 12×75.
- ‘Elegant and exceptionally polished’, said Neal Martin, who gave a score of 96-98 points.
- Buyers looking for value might want to consider the 2020 vintage.
As part of this year’s Bordeaux En Primeur campaign, Château Cheval Blanc 2023 has been released at €384 per bottle ex-négociant, down 18.3% on the 2022’s opening price (€470 per bottle).
It is being offered by the international trade for £4,680, an 18.8% decrease on the 2022 (£5,760 per case).
At this price, the new release is more expensive than many of the other vintages available on the market. Buyers looking for value may want to consider the 2020 vintage.
Château Cheval Blanc was featured as one of the best wines in the secondary market, consistently securing a spot in the top 50 of Liv-ex’s Power 100.
Critics’ scores
Neal Martin (Vinous) awarded the wine a barrel score of 96-98 points, adding that the 2023 has ‘less weight than the 2022, but perhaps a touch more nerve’.
Antonio Galloni (Vinous) called the wine ‘silky, elegant and exceptionally polished’, awarding a range of 95-98 points.
Jane Anson praised the wine for ‘contrasting intensity and depth with nuance and softly spoken character’. She awarded it her joint second highest score of 98 points.
Lisa Perrotti Brown MW (The Wine Independent) awarded 97-99 points, describing ‘an atomic perfume of Morello cherries, wild blueberries, black raspberries, and ripe plums leading to a fragrant undercurrent of rosebud tea, menthol, star anise, and cinnamon stick’.
We will be adding all scores to the critics grid as they are released here. Sign up for release alerts to keep up to date.
Fair Value analysis
According to the Liv-ex’s ‘Fair Value’ methodology, Market Prices of Cheval Blanc are 77.8% correlated with scores from Lisa Perrotti-Brown MW. As shown in the chart below, today’s release comes in slightly above the Fair Value regression line.
Those looking for other options might want to consider the 2020 vintage, which sits below the trend line and is available at a 12.4%discount to today’s release. Neal Martin awarded the wine a score of 97 points, his third highest of the past decade.
Use our ready-made list to easily spot opportunities in back-vintages of Cheval Blanc and other Right-Bank wines.
Our Bordeaux En Primeur 2023 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 20,000 wines.
