Recent trading activity
Krug 2008, Jacques Selosse 2010 and Taittinger Comtes de Champagne 2012 have been at the forefront of Champagne trade over the past few days.
The latter is the latest release of Comtes de Champagne, hitting the market in October. The 2011 and 2008 vintages were among the top traded by volume as well.
Fontodi’s Colli della Toscana Centrale Flaccianello delle Pieve 2008 was the top-traded Italian wine by value and volume.
Best value vintages of Le Pin
Recent analysis has looked at the performance of the Right Bank 50 and opportunities in Château Ausone. Today we look at one of the most famous Right Bank labels – Le Pin.
As was pointed out in the article on Ausone, Le Pin has been the second best-performing brand in the Right Bank 50 over the last three years. This year its prices have risen 13.6% on average, making it the second best-performer behind Pétrus, with the 2008 vintage seeing the biggest increase (41.3%).
As the chart above shows, Le Pin prices are 53% correlated to Benchmark critic scores. Arguably, Le Pin performs well regardless of score but for more price conscious buyers it is an important consideration.
Despite being one of the most expensive Bordeaux wines with an average case price of £34,364, Le Pin also has a relatively low average score of 95-points (Benchmark Critic).
Looking at the chart above, lower scored vintages of Le Pin can look over-priced; though the 93-point 2011 and 2017 and 95-point 2012 are exceptions.
By contrast, three of its best-scored wines, the 97-point 2018 and 2020 and 98-point 2016, offer the best value at present.
The three wines have also performed well this year, rising in price 16.8%, 17.5%, and 10.9% respectively.
At the very top end buyers might even consider the 100-point 2010, which offers relative value compared to the2009 (though it does have a 100-point score from Robert Parker).
You can find more Blue-chip Bordeaux opportunities on the exchange.
Blue chip Bordeaux opportunities
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 600 merchant members from across the globe. Together they represent the largest pool of liquidity in the world – currently £80m of bids and offers across 16,000 wines.
