Discussing recently with friends the “supermarket bargains” that can be had – things such as the Cape Peak Heritage Chardonnay from Tesco, which one could pick up for a nifty £8.99 a bottle, but when on deal, you’d only have to pay another £1.01 for another 2 bottles of the stuff – it got us thinking about wines which actually do offer genuine value for money, wines which really do punch above the price tag…
The Re-Classification of St Emilion
The latest changes in the St Emilion Classification show that hard work really does pay off. Congratulations to both Chateau Pavie, and Chateau Angelus on their promotions, which put them both in the same league as two of the most respected Chateaux in the world. This achievement is certainly well deserved in our opinion, and is recognition of all of the hard work that both have put in.
Following recent speculation that the market has either hit the bottom, or is indeed very close to the bottom, we decided to take a look further into this.
Lots of charts, graphs, data etc – and if you are interested to find out why now is the time to buy, and exactly what you should be buying, please read on, because the results below are very positive.
Take a bold Aussie red – in this case d’Arenberg’s ‘The Footbolt Shiraz 2006’ – expose it to just two of our myriad well-known wine critics, along with a #7wordwinereview, and this is what you get:
Lastly, the 2006 The Footbolt Shiraz (which contains a bit of Grenache) offers fragrant aromas of wood smoke, game, and blueberry. Layered and balanced, it will evolve for several years and drink well through 2017.
90+ Points, Jay Miller, eRobertParker.com
The last 12 months have been challenging for the fine wine market. The fall in prices that started in July 2011 has continued after a brief despite at the beginning of the year. This has resulted in the Liv-ex 100 falling 27% in 1 year time.
One word to describe the Bordeaux 2011 En Primeur campaign: shambolic.
Some more words: gross mismanagement. Short sighted. No vision or direction. No timing. No respect whatsoever for the merchants and more importantly, the consumer. An absolute shambles.
Who’s to blame? The Chateaux for not listening? The courtiers (the guys who are the go between Chateaux and French Negociants) for not being able to make a market, which is what they are supposed to do and are handsomely paid for?