Using the services of an experienced wine trader such as Crimson Fine Wines
will enable investors to build a high yielding portfolio in the medium
to long term. We select stock using relative pricing, industry supplied
information and release strategies along with our in-house expertise and
knowledge. We handle sourcing, delivery and all paperwork, ensuring
provenance, certification of ownership and bonded warehouse storage to
protect your investment.
What to Invest?
Bordeaux remains
the most celebrated wine region of the world, capable of producing
exquisite wines year after year. Strict regulations introduced since
1855 have ensured quality and the preservation of distinguishable
characteristics through generations. The limitation on production of
each vintage to 177 cases per acre maintains the diminishing supply/
increasing demand dynamic for investors.
WHEN
en Primeur or “wine futures” allow speculative investors to buy when a
wine is young and still in the barrel, before full bottled grading. A
possible advantage of buying wines En Primeur is that it enables
investors to typically buy at substantially lower prices than they will
be once bottled and released on the market. En Primeur tastings happen
at the end of March / beginning of April each year. Contact Crimson Fine Wines today to find out more
Thursday, 17 May 2012
Trusting wine Brokes
Too much trust is put into the advise of fine wine brokers, as if they themselves are expert analyst of the market.
This is not the case.
How they come to sound so knowledgeable is courtesy of using far too much wine jargon.
They need to sound knowledgeable due to having daily, weekly and monthly wine sales targets to hit so as to secure their job for another couple of months.
However, this means that the blind faith many investors have put into these brokers’ “expert” opinions, if continued, will lead them down the road of loss, not profit.
Fine wine jargon busting time
Whilst being trained-up as a fine wine broker, I was constantly being told, “Clients do not buy the wine. They buy your enthusiasm and conviction in the wine and the story (the story consisted of a broker predicting the future profits their client could make if they were to purchase the recommended wine).”
This may sound ridiculous, but I was forever seeing this work.
The way in which this happened was purely due to quality hard sales skills.
We were constantly being encouraged to listen to music that would get the juices going or read literature on hard sales, as well as being recommended to get inspiration from films such as Boiler Room on how to be good at our job.
It was after I had watched the above recommended movie that I began to detect that the delightful world of fine wine investment was not so.
I presumed I had simply received poor advice and so I taught myself the ins and outs of the market.
Instead of spending my time watching such nonsense, I spent my time delving into page upon page of prestigious fine wine publications such as erobertparker.com , Decanter and Wine Spectator among others. I would often spend many a lunch break investigating price movements that were actually achieved by particular wines and the reasons why they moved.
I wanted to be at the point where no matter what, I could provide my well protected and slowly growing client base with accurate and actionable advice that would greatly heighten their chance of achieving a profit.
More often than not, this would mean that the best thing for them to do was not to buy the recommendations or grade of wine being offered by the company.
Basically, what I am getting at is the fact that fine wine brokers, when getting past the often pompous exterior portrayed for clients (which too is a sales technique) are basically salesmen who do not care which vintages you put your hard earned funds into, so long as some of it makes its way to their pockets via commission.
Why these particular fine wines?
The presumption could be that a broker cannot be expected to know all the ins and outs of the particular wines that they are selling as there is just too much.
Sure. That is what analysts and sommelier’s are for I suppose.
However, when you think about this, they are simply being told to sell, whether it be for your genuine benefit or not. But, many fine wine brokers tend not to care whether or not you are paying for top, investment grade wines. Reason being, the turn around of brokers in this market is within a 1-4 year period.
I take it you have noticed a new voice coming down your phone every couple of years? These brokers know they will not be serving you in that role forever. I was told that I would be unlikely to have a lengthy career at that firm on my first day of training!
Therefore, the less ethical of the bunch are willing to pitch you anything at any cost – to your pocket – as they know they will not need to face the music when your are annoyed that your wines have not even made enough profit yet to make-up for the brokerage and storage fees when it comes time to sell.
For example, if a broker knows that you only want to deal with wines that will show you a 20% profit per annum over a five year hold (100% over 5 years), they may well pitch to you that “This wines I am bringing to you will show you such returns sooner rather than later.”
Now, this wine may well require 10 – 15+ years to achieve such returns, due to high production levels, the current status of the winery not being internationally known or respected in the fine wine connoisseur’s world, etc. Yet unless you do your own due diligence, you will be clueless.
So, if you are relying exclusively on the recommendations and expertise of your fine wine broker, you are asking for trouble.
It’s a sales job at the end of the day…
My experiences of the fine wine broking environment were sometimes a carbon copy of scenes from the movie Boiler Room. Sell. Sell. Sell was the order of every single day.
There were targets that needed to be met. These targets can range from 20k – 200k per month per individual depending on the wines being sold (a case of French Bordeaux sells at a much higher price than a case of most New World wines).
Failure to meet target on too regular an occasion resulted in the broker being called into the MDs office for a “brief chat”, followed by them receiving their marching orders.
I witnessed this often.
This was an obvious incentive. It worked for me.
For my first few months in the market I, like you, too presumed that every single wine I was recommending to my clients was going to show them massive rates of return within the first 5 years. Why else would a company sell them to their customers?
However, once I discovered the unethical practices of this particular fine wine brokerage, and that many others behaved in a similar way, my job became substantially harder to keep.
From that point on, I was only ever willing to sell my clients wines that would actually make them money, which infuriated my bosses.
Once a wine had received my seal of approval, I was all for recommending my client’s to purchase it.
So now what?
I recommend Crimson fine Wines they are a top Service for wine investment and are always there to help
This is not the case.
How they come to sound so knowledgeable is courtesy of using far too much wine jargon.
They need to sound knowledgeable due to having daily, weekly and monthly wine sales targets to hit so as to secure their job for another couple of months.
However, this means that the blind faith many investors have put into these brokers’ “expert” opinions, if continued, will lead them down the road of loss, not profit.
Fine wine jargon busting time
Whilst being trained-up as a fine wine broker, I was constantly being told, “Clients do not buy the wine. They buy your enthusiasm and conviction in the wine and the story (the story consisted of a broker predicting the future profits their client could make if they were to purchase the recommended wine).”
This may sound ridiculous, but I was forever seeing this work.
The way in which this happened was purely due to quality hard sales skills.
We were constantly being encouraged to listen to music that would get the juices going or read literature on hard sales, as well as being recommended to get inspiration from films such as Boiler Room on how to be good at our job.
It was after I had watched the above recommended movie that I began to detect that the delightful world of fine wine investment was not so.
I presumed I had simply received poor advice and so I taught myself the ins and outs of the market.
Instead of spending my time watching such nonsense, I spent my time delving into page upon page of prestigious fine wine publications such as erobertparker.com , Decanter and Wine Spectator among others. I would often spend many a lunch break investigating price movements that were actually achieved by particular wines and the reasons why they moved.
I wanted to be at the point where no matter what, I could provide my well protected and slowly growing client base with accurate and actionable advice that would greatly heighten their chance of achieving a profit.
More often than not, this would mean that the best thing for them to do was not to buy the recommendations or grade of wine being offered by the company.
Basically, what I am getting at is the fact that fine wine brokers, when getting past the often pompous exterior portrayed for clients (which too is a sales technique) are basically salesmen who do not care which vintages you put your hard earned funds into, so long as some of it makes its way to their pockets via commission.
Why these particular fine wines?
The presumption could be that a broker cannot be expected to know all the ins and outs of the particular wines that they are selling as there is just too much.
Sure. That is what analysts and sommelier’s are for I suppose.
However, when you think about this, they are simply being told to sell, whether it be for your genuine benefit or not. But, many fine wine brokers tend not to care whether or not you are paying for top, investment grade wines. Reason being, the turn around of brokers in this market is within a 1-4 year period.
I take it you have noticed a new voice coming down your phone every couple of years? These brokers know they will not be serving you in that role forever. I was told that I would be unlikely to have a lengthy career at that firm on my first day of training!
Therefore, the less ethical of the bunch are willing to pitch you anything at any cost – to your pocket – as they know they will not need to face the music when your are annoyed that your wines have not even made enough profit yet to make-up for the brokerage and storage fees when it comes time to sell.
For example, if a broker knows that you only want to deal with wines that will show you a 20% profit per annum over a five year hold (100% over 5 years), they may well pitch to you that “This wines I am bringing to you will show you such returns sooner rather than later.”
Now, this wine may well require 10 – 15+ years to achieve such returns, due to high production levels, the current status of the winery not being internationally known or respected in the fine wine connoisseur’s world, etc. Yet unless you do your own due diligence, you will be clueless.
So, if you are relying exclusively on the recommendations and expertise of your fine wine broker, you are asking for trouble.
It’s a sales job at the end of the day…
My experiences of the fine wine broking environment were sometimes a carbon copy of scenes from the movie Boiler Room. Sell. Sell. Sell was the order of every single day.
There were targets that needed to be met. These targets can range from 20k – 200k per month per individual depending on the wines being sold (a case of French Bordeaux sells at a much higher price than a case of most New World wines).
Failure to meet target on too regular an occasion resulted in the broker being called into the MDs office for a “brief chat”, followed by them receiving their marching orders.
I witnessed this often.
This was an obvious incentive. It worked for me.
For my first few months in the market I, like you, too presumed that every single wine I was recommending to my clients was going to show them massive rates of return within the first 5 years. Why else would a company sell them to their customers?
However, once I discovered the unethical practices of this particular fine wine brokerage, and that many others behaved in a similar way, my job became substantially harder to keep.
From that point on, I was only ever willing to sell my clients wines that would actually make them money, which infuriated my bosses.
Once a wine had received my seal of approval, I was all for recommending my client’s to purchase it.
So now what?
I recommend Crimson fine Wines they are a top Service for wine investment and are always there to help
Tuesday, 8 May 2012
Concerned about your wine investment?
Following the BBC’s Money Box item on wine investment last
Saturday, plus Paul Lewis’s appearance that day on BBC Breakfast, the
spotlight is firmly on wine investment scams.
Crimson Fine Wines are highly recommended by myself and many other
people i know. they taught me everything I know in wine investment and
have helped me secure some of the finest deals. They are a London based
company, recently they have received a bad reputation online for “Cold
Calling”. However as they have recently started up in the UK and U.S.A
they have been using this method to get the word out.
I was contacted this way and I placed my trust into them this, I am so glad I done so and I will never regret that.
Friday, 20 April 2012
Usefull Wine Websites
Crimson Fine Wines
Crimson Fine Wines boasts a massive selection of wine and all the staff help give you expert advice on wines.
Wine Investor
Wine Investor helps new comers to wine learn the basics.
Money In Wine
Money In Wine helps give advice on the new market of wines.
Wine Investment London
Wine Investment London shows the top notch wine investors in London.
Crimson Fine Wine
Crimson Fine Wines Sister Website.
London Wine Investment
London Wine Investment gives expert advice on investing in wine in London.
Invest In Fine Wines
Expertise advise on world wide wine investment.
Fine Wines London
More advice on London Wine Investment.
Crimson Fine Wines Investment
Crimsons Expertise advice.
Ultimate Wine Investment
Ultimate Wine Investment advice.
Crimson Fine Wines boasts a massive selection of wine and all the staff help give you expert advice on wines.
Wine Investor
Wine Investor helps new comers to wine learn the basics.
Money In Wine
Money In Wine helps give advice on the new market of wines.
Wine Investment London
Wine Investment London shows the top notch wine investors in London.
Crimson Fine Wine
Crimson Fine Wines Sister Website.
London Wine Investment
London Wine Investment gives expert advice on investing in wine in London.
Invest In Fine Wines
Expertise advise on world wide wine investment.
Fine Wines London
More advice on London Wine Investment.
Crimson Fine Wines Investment
Crimsons Expertise advice.
Ultimate Wine Investment
Ultimate Wine Investment advice.
Monday, 26 March 2012
Dubourdieu takes us through the 2011 vintage
For several years Professor Denis Dubourdieu (French wine critic, Professor at Bordeaux University and owner of Clos Floridene) has published a report on the coming en primeur vintage few weeks before the en primeur tasting week.
In his new report published this month [March 2012], Dubourdieu describes the potential of the 2011 vintage. Although the new vintage will not meet the quality level of the 2009 and 2010 vintages, most of the industry expects a relatively good vintage.According to Dubourdieu, Bordeaux will produce a numerous magnificent red wines on both banks “despite unquestionable unevenness”.
He added the Right bank will enjoy some “magnificent Cabernet Francs” and the Left Bank will produce wines, which have “good structure thanks to remarkable Cabernet Sauvignon but volumes [during harvest] were unfortunately low”.
To conclude Dubourdieu was quite elogious on the 2011 Sauternes (e.g. Chateau d’ Yquem) describing the 2011 vintage produce under the prestigious appelation as simply “great”.
Crimson Fine Wines are one of the top leading companies for wine investment. Investing now would be the best thing you could ever do.
www.crimsonfinewines.com
Wednesday, 21 March 2012
35 year old American wine collector and millionaire Rudy Kurniawan has been arrested in Los Angeles accused of trying to sell US$1.3m worth of fake wine. He is also charged with fraudulantly obtaining millions of dollars worth of loans. His clientèle included the billionaire businessman and collector William I Koch, who is now suing the dealer for allegedly selling him counterfeit wine.
In 2008 Kurniawan tried to sell 84 bottles of Domaine Ponsot Burgundy. One bottle was labelled as a 1929 vintage but the estate didn't actually begin bottling until 1934. Prosecutors said a search of Mr Kurniawan's home had turned up materials which they claim were used in the counterfeiting of wine bottles.
Earlier this year when it was alleged that dozens of lots of suspect Burgundy from Domaine de la Romanee-Conti, withdrawn from a London auction run by California auction house Spectrum and London merchant Vanquish, had been consigned by Kurniawan. The auction house categorically denied the bottles were from Kurniawan.
This week Mr Kurniawan was refused bail after prosecutors were concerned he might attempt to flee to his home country of Indonesia.
Remember Crimson Fine Wines LTD is a secure company that won't rip your off! Visit our website here
In 2008 Kurniawan tried to sell 84 bottles of Domaine Ponsot Burgundy. One bottle was labelled as a 1929 vintage but the estate didn't actually begin bottling until 1934. Prosecutors said a search of Mr Kurniawan's home had turned up materials which they claim were used in the counterfeiting of wine bottles.
Earlier this year when it was alleged that dozens of lots of suspect Burgundy from Domaine de la Romanee-Conti, withdrawn from a London auction run by California auction house Spectrum and London merchant Vanquish, had been consigned by Kurniawan. The auction house categorically denied the bottles were from Kurniawan.
This week Mr Kurniawan was refused bail after prosecutors were concerned he might attempt to flee to his home country of Indonesia.
Remember Crimson Fine Wines LTD is a secure company that won't rip your off! Visit our website here
Saturday, 17 March 2012
Investors Looking To China for Fine Wine Returns
Amid the increasing economic gloom in the West, China could hold the key to increased returns for investors prepared to explore the Eastern markets as they grow in affluence and confidence.
Wine in China is seen as a symbol of a desirable and sophisticated urban lifestyle and is, at the top of the Chinese social hierarchy, a key status symbol. As the Chinese economy continued to boom between 2009 and 2010, China’s wine imports increased to 125.1 million cases, an increase of 34% in just a single year. In the fine wine market at present, it appears that it is the East that is buying while the West is investing. Approximately 50% of all fine wine purchased in the UK will be exported to China.
One of the reasons for the success of fine wine as an investment is its relative imperviousness to depreciation. A case of fine, first growth Bordeaux will hold its value even if the value of the sterling used to purchase it tumbles against the dollar or the yuan. Fine wine has on average offered a year on year return to investors of 13% with less susceptibility to fluctuation than equities. In the 2008 crisis, wine lost 20% of its value compared to a 25% drop in the price of oil and a 50% drop in equities.
Global wine consumption is expected to increase over the next few years and fine wine will make up about a quarter of the value of this consumption. Investors should generally limit themselves to wines with limited production capacity such as Bordeaux and Burgundy. Supply in these areas simply cannot rise to meet increased demand and therefore will continue to appreciate in value.
Crimson Fine Wines is one of the best wine investment companies in the u.k
Wine in China is seen as a symbol of a desirable and sophisticated urban lifestyle and is, at the top of the Chinese social hierarchy, a key status symbol. As the Chinese economy continued to boom between 2009 and 2010, China’s wine imports increased to 125.1 million cases, an increase of 34% in just a single year. In the fine wine market at present, it appears that it is the East that is buying while the West is investing. Approximately 50% of all fine wine purchased in the UK will be exported to China.
One of the reasons for the success of fine wine as an investment is its relative imperviousness to depreciation. A case of fine, first growth Bordeaux will hold its value even if the value of the sterling used to purchase it tumbles against the dollar or the yuan. Fine wine has on average offered a year on year return to investors of 13% with less susceptibility to fluctuation than equities. In the 2008 crisis, wine lost 20% of its value compared to a 25% drop in the price of oil and a 50% drop in equities.
Global wine consumption is expected to increase over the next few years and fine wine will make up about a quarter of the value of this consumption. Investors should generally limit themselves to wines with limited production capacity such as Bordeaux and Burgundy. Supply in these areas simply cannot rise to meet increased demand and therefore will continue to appreciate in value.
Crimson Fine Wines is one of the best wine investment companies in the u.k
Tuesday, 13 March 2012
Wine Investment 2012
The Parker 2009 scores have just come out, and I’d like to take the opportunity to give you all an update of these scores as well as our view about the market in general. Feel free to get back to me on any questions you have. If you have further opinions, do share them with me as well. Cheers and have a great day.
Invest in Crimson Fine Wines For a brighter future
WINE MARKET UPDATES 2012
Summary
Parker on 2009: “The greatest Bordeaux vintage I have ever tasted”
Robert Parker’s in bottle scores for 2009 Bordeaux are finally released, confirming the vintage as one of the top Bordeaux vintages of the century. According to Parker, the 2009 is “unquestionably the greatest Bordeaux vintage I have ever tasted.”
The 100-pointers:
Other wines that earned top Parker scores:
Market Rebound since January 2012
As we predicted in our January report, the wine market overall has rebounded in 2012 (see Liv-Ex 50 chat below). It seems to be following the same pattern as 2008, making now the best time to enter the market since Jan 2009.
The wine market experienced a correction of an average 17% decrease last year amidst the EuroZone crisis. However, as Asian buyers (in particular those from China and Hong Kong) are snapping up the last of bargain stocks out of the market this is just the beginning of an upward trend which will continue this year.
Planning Ahead for the 2010 Vintage
With the added boost from the recently re-scored 2009 vintage, the wine market looks positive. Those who were sitting on the fence when the prices peaked last summer should consider getting re-involved.
As 2009 becomes increasingly hard to find on the market, our suggestion is for investors to plan ahead and get into the 2010 vintage. After all, Bordeaux 2010 is already known to be an exceptional vintage, just like the 2009s. Given that the 2011 vintage is already reported to be less than stellar, it should come as no surprise to us when 2010 prices will start to move soon as well, and we should take advantage of their current prices which are now selling below the 2009s.
With the wine investment going so well I would recommend Crimson Fine Wines
Invest in Crimson Fine Wines For a brighter future
Crimson Fine wines
WINE MARKET UPDATES 2012
Summary
- Robert Parker gave 100 pts to an unprecedented 19 wines from the 2009 vintage, including Super Seconds like Cos d’Estournel, Montrose and Leoville-Poyferre.
- The 2009 vintage has earned more 100 pointers than the great vintages of 1982, 1990, 2000 and 2005 combined.
- According to Parker, 2009 is “unquestionably the greatest Bordeaux vintage I have ever tasted.” He added that it is “the greatest vintage I have tasted in Bordeaux since 1982, of which it is a modern-day version, but greatly improved.”
- As expected, the wine market is going through a rebound since January 2012.
- The 2009 prices are already on the move and are becoming increasingly hard to obtain in the market. We predict that the 2010 vintage will go through a similar trend.
- Our recommendation is to start looking at brands that faired well in the 2009 vintage, rather than just the vintage itself.
Parker on 2009: “The greatest Bordeaux vintage I have ever tasted”
Robert Parker’s in bottle scores for 2009 Bordeaux are finally released, confirming the vintage as one of the top Bordeaux vintages of the century. According to Parker, the 2009 is “unquestionably the greatest Bordeaux vintage I have ever tasted.”
The 100-pointers:
| Wine | En Primeur Score | Bottled Score |
| Beausejour (Duffau Lagarrosse) | 96-98+ | 100 |
| Bellevue Mondotte | 95-100 | 100 |
| Clinet | 97-100 | 100 |
| Clos Fourtet | 95-98 | 100 |
| Cos d'Estournel | 98-100* | 100 |
| Ducru Beaucaillou | 96-98+ | 100 |
| Haut Brion | 98-100 | 100 |
| La Mission Haut Brion | 98-100 | 100 |
| La Mondotte | 95-98+ | 100 |
| Latour | 98-100 | 100 |
| Le Pin | 95-98 | 100 |
| Leoville-Poyferre | 97-100* | 100 |
| L'Evangile | 96-100* | 100 |
| Montrose | 96-100* | 100 |
| Pape Clement Blanc | 94-97 | 100 |
| Pavie | 96-100 | 100 |
| Petrus | 96-100 | 100 |
| Pontet-Canet | 97-100 | 100 |
| Smith-Haut-Lafite | 96-98+* | 100 |
Other wines that earned top Parker scores:
| Wine | EP Score | Bottled Score |
| Angelus | 96-100 | 99 |
| Ausone | 95-97+ | 98+ |
| Cheval Blanc | 98-100 | 99 |
| Clos l'Eglise | 96-100* | 98 |
| L'Eglise Clinet | 98-100 | 99+ |
| Haut Bailly | 96-98+ | 98+ |
| Haut Brion Blanc | 96-100 | 98+ |
| Hosanna | 98-100* | 99 |
| La Mission Haut Brion Blanc | 96-100 | 96 |
| Lafite | 98-100 | 99+ |
| Leoville Las Cases | 96-100 | 98+ |
| Lynch Bages | 94-96+ | 98 |
| Pichon Baron | 93-95 | 98 |
| Palmer | 94-96 | 97 |
| Margaux | 98-100 | 99 |
| Mouton | 96-98+ | 99+ |
| Trotanoy | 97-100* | 98+ |
Market Rebound since January 2012
As we predicted in our January report, the wine market overall has rebounded in 2012 (see Liv-Ex 50 chat below). It seems to be following the same pattern as 2008, making now the best time to enter the market since Jan 2009.
The wine market experienced a correction of an average 17% decrease last year amidst the EuroZone crisis. However, as Asian buyers (in particular those from China and Hong Kong) are snapping up the last of bargain stocks out of the market this is just the beginning of an upward trend which will continue this year.
Planning Ahead for the 2010 Vintage
With the added boost from the recently re-scored 2009 vintage, the wine market looks positive. Those who were sitting on the fence when the prices peaked last summer should consider getting re-involved.
As 2009 becomes increasingly hard to find on the market, our suggestion is for investors to plan ahead and get into the 2010 vintage. After all, Bordeaux 2010 is already known to be an exceptional vintage, just like the 2009s. Given that the 2011 vintage is already reported to be less than stellar, it should come as no surprise to us when 2010 prices will start to move soon as well, and we should take advantage of their current prices which are now selling below the 2009s.
With the wine investment going so well I would recommend Crimson Fine Wines
Tuesday, 6 March 2012
Fine Wines Investments on the up
They were expected to be high, but the 2009 scores released on March 1 by Robert Parker have exceeded the highest expectations.
"Not a myth but mythical" is Parker's subtitle for his Bordeaux 2009 review. Indeed. He goes on to say "In short, 2009 is the greatest vintage I have tasted in Bordeaux since 1982". He backs this up by awarding no less than 18 Bordeaux reds, and 1 white, the perfect score of 100 points.
To put the number of 18 in perspective, have a look at below table, that lists the 100 pointers of the most successful vintages since 1982,
Robert Parker's most successful vintages
2009 boasts an astonishing number of perfect scores. Is this Parker's farewell, to complete the cycle that he started in 1982 (the vintage that made him), never to be surpassed? Here's the full list, including the "barrel" score:
Parker's 2009 Bordeaux 100 pointers
From barrel, Parker awarded 21 wines a potential 100 points. Out of these 21, 12 indeed received full marks. The remaining 9 got at least 98. Interestingly, there were also 6 wines that got upgraded to the perfect score whilst the barrel score range did not reach 100 (see above).
Looking beyond the top scoring Chateaux, there are an incredible number of wines that score 95 points or more, many of which make unbelievable value for money. Do revisit our list – once we have had the time, we will be offering some of those gems that are a must buy to drink.
It goes too far, in this blogpost, to list all of the above wines. I would urge you though to get in touch with us – some of these 95-99 pointers represent the best buys.
Although there had been substantial price movements prior to Parker releasing his scores, it goes without saying that there were massive price hikes when the scores came out. Particularly for the 100 pointers, on which below table focusses. It needs to be pointed out though that the "after" prices might still change significantly, as the market has yet to find its new prices. The "prior" prices are as of the day before the new scores came out, the "after" prices are as of today (March 3rd).
2009 movers and shakers
Are these prices the right prices? Overshooting? Underperforming? Is the fine wine market efficient enough to quickly adjust to the new information, or is there scope for arbitrage? What is the right price level for a 100 pointer? Nobody knows, really. And that's why there's an enormous amount of trading going on. Taking position, selling on the hype, holding on, buying with a long term view – it's all part of the spiel. There will be a lot more analyses done to determine the new values, now that Bob has spoken. Do get in touch if you would like to hear our views. Views based on trading these wines daily – we know what's going on.
There are quite a few wine critics that publicly proclaim Parker has lost his marbles. However, none of them have the track record that Parker has and none of them have the influence that Parker has. Therefore, we can safely ignore what they say, when it comes to the effect on pricing.
When it comes to drinking, you will have to choose which wine reviewer is most aligned with your personal taste. Bordeaux 2009 is a unique vintage, and has just been awarded stardom, so if you were planning on buying some, do so now before prices are out of reach. There are many, many wines that should be part of your cellar.
Crimson Fine Wines LTD is one of the best new places to invest, based in London and soon in the U.S I would Highly Recommend them to anyone. As Crimson Fine Wines LTD have just started up they use a cold calling system, don't let this put you off as they are a new powerful company to invest with.
"Not a myth but mythical" is Parker's subtitle for his Bordeaux 2009 review. Indeed. He goes on to say "In short, 2009 is the greatest vintage I have tasted in Bordeaux since 1982". He backs this up by awarding no less than 18 Bordeaux reds, and 1 white, the perfect score of 100 points.
To put the number of 18 in perspective, have a look at below table, that lists the 100 pointers of the most successful vintages since 1982,
Robert Parker's most successful vintages
| 1982 | 6 |
| 1996 | 1 |
| 2000 | 6 |
| 2003 | 3 |
| 2005 | 2 |
| 2009 | 18 |
2009 boasts an astonishing number of perfect scores. Is this Parker's farewell, to complete the cycle that he started in 1982 (the vintage that made him), never to be surpassed? Here's the full list, including the "barrel" score:
Parker's 2009 Bordeaux 100 pointers
| wine | bottle | barrel |
|---|---|---|
| Beausejour Duffau Lagarosse | 100 | 96-98 |
| Bellevue Mondot | 100 | 95-100 |
| Clinet | 100 | 97-100 |
| Clos Fourtet | 100 | 95-98 |
| Cos d'Estournel | 100 | 98-100 |
| Ducru Beaucaillou | 100 | 96-98 |
| L'Evangile | 100 | 96-100 |
| Haut Brion | 100 | 96-100 |
| La Mission Haut Brion | 100 | 98-100 |
| La Mondotte | 100 | 95-98 |
| Latour | 100 | 98-100 |
| Le Pin | 100 | 95-98 |
| Leoville Poyferre | 100 | 97-100 |
| Montrose | 100 | 96-100 |
| Pavie | 100 | 96-100 |
| Petrus | 100 | 96-100 |
| Pontet Canet | 100 | 97-100 |
| Smith Haut Lafitte | 100 | 96-98 |
From barrel, Parker awarded 21 wines a potential 100 points. Out of these 21, 12 indeed received full marks. The remaining 9 got at least 98. Interestingly, there were also 6 wines that got upgraded to the perfect score whilst the barrel score range did not reach 100 (see above).
Looking beyond the top scoring Chateaux, there are an incredible number of wines that score 95 points or more, many of which make unbelievable value for money. Do revisit our list – once we have had the time, we will be offering some of those gems that are a must buy to drink.
Bordeaux 2009 scoring 95 plus (reds only)
| 99 | 11 |
| 98 | 14 |
| 97 | 6 |
| 96 | 10 |
| 95 | 16 |
It goes too far, in this blogpost, to list all of the above wines. I would urge you though to get in touch with us – some of these 95-99 pointers represent the best buys.
Although there had been substantial price movements prior to Parker releasing his scores, it goes without saying that there were massive price hikes when the scores came out. Particularly for the 100 pointers, on which below table focusses. It needs to be pointed out though that the "after" prices might still change significantly, as the market has yet to find its new prices. The "prior" prices are as of the day before the new scores came out, the "after" prices are as of today (March 3rd).
2009 movers and shakers
| Wine | prior | after | % change |
|---|---|---|---|
| Beausejour Duffau Lagarosse | £1,000 | £2,400 | 140% |
| Clos Fourtet | £750 | £1,800 | 140% |
| Smith Haut Lafitte | £680 | £1,600 | 135% |
| Clinet | £1,500 | £2,200 | 47% |
| Le Pin | £18,000 | £25,000 | 39% |
| Montrose | £1,900 | £2,550 | 34% |
| Leoville Poyferre | £1,350 | £1,800 | 33% |
| Pontet Canet | £1,350 | £1,800 | 33% |
| L'Evangile | £2,300 | £2,750 | 20% |
| La Mondotte | £2,550 | £3,000 | 18% |
| Petrus | £25,000 | £29,000 | 16% |
| Cos d'Estournel | £2,800 | £3,200 | 14% |
| Pavie | £2,200 | £2,500 | 14% |
| Ducru Beaucaillou | £2,000 | £2,200 | 10% |
| Haut Brion | £7,400 | £8,000 | 8% |
| Bellevue Mondotte | £2,550 | £2,750 | 8% |
| La Mission Haut Brion | £5,600 | £6,000 | 7% |
| Latour | £11,700 | £11,800 | 1% |
Are these prices the right prices? Overshooting? Underperforming? Is the fine wine market efficient enough to quickly adjust to the new information, or is there scope for arbitrage? What is the right price level for a 100 pointer? Nobody knows, really. And that's why there's an enormous amount of trading going on. Taking position, selling on the hype, holding on, buying with a long term view – it's all part of the spiel. There will be a lot more analyses done to determine the new values, now that Bob has spoken. Do get in touch if you would like to hear our views. Views based on trading these wines daily – we know what's going on.
There are quite a few wine critics that publicly proclaim Parker has lost his marbles. However, none of them have the track record that Parker has and none of them have the influence that Parker has. Therefore, we can safely ignore what they say, when it comes to the effect on pricing.
When it comes to drinking, you will have to choose which wine reviewer is most aligned with your personal taste. Bordeaux 2009 is a unique vintage, and has just been awarded stardom, so if you were planning on buying some, do so now before prices are out of reach. There are many, many wines that should be part of your cellar.
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Wednesday, 29 February 2012
Australian Wine Investors
At the same time, Australia imported more wine than ever: 67m litres worth AU$470.7m, an increase of 4.2% in volume and 2.6% in value compared with the year before.
Exports last year fell: 746.6m litres were exported worth AU$1.9bn, Australian Bureau of Statistics figures released yesterday show.
Although the official figures for the year have just come out, the situation has been known about for months, and prompted one Wine Australia spokesman to joke that any Australian caught drinking foreign wine ‘should have his strides pulled down’.
But most winemakers seem unfazed by the increase in imports. Speaking to Decanter.com at the Wine Australia tastings in London last month, Accolade CEO Troy Christensen and Corey Ryan of McWilliams both said more imports were good for Australian consumers and therefore good for Australian wine.
The more Rioja an Australian drinks, Ryan said, the more they would get a taste for Tempranillo, which Australia grows extensively.
Margaret River Wine Industry Association president Nigel Gallop told the West Australian newspaper that as a region they were unworried.
‘The Australian industry now tends to focus more on quality and perhaps people are looking offshore for the cheaper stuff. My suspicion is that cheap wine is being imported for the cask market.’
The current strength of the Australian dollar has made the country an attractive prospect for imports, and a correspondingly difficult sell for those trying to export Australian wine.
There is also some optimism that the grape glut is easing: inventories of wine fell 3.5% to 1.66bn litres.
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No time like the present
In total, 64 successful bidders bought 200 lots, containing a total of 1,495 cases of wine. The total taken was 31% up on last year.
Lots sold at an average case price of just over US$2,000, 34% up on 2011 and another record.
The lots were dominated by Cabernet Sauvignon and red blends, with wines from Ovid Napa Valley, Joseph Phelps and Duckhorn Vineyards among the top-earning items.
About 1,000 people attended the event, organised by Napa Valley Vintners, including representatives of 88 retailers, 84 restaurants, 86 distributors and importers, and 100 media.
Proceeds from the auction, first held in 1997, are used to fund initiatives and programmes to promote the wines of Napa Valley, including educational programmes and environmental projects.
Although it is a charity auction with lots attracting correspondingly high bids, Premiere Napa Valley, like Burgundy's Hospices de Beaune and other major charity events, is considered to be a barometer of the health of the market.
‘The result of this auction is a true measure of the market,’ said Premiere Napa Valley 2012 chair and Pine Ridge Vineyards CEO Erle Martin.
‘The buyers for these wines would not have put forth this kind of investment if they didn’t feel – with real security – that they could sell these wines.’
Held on Saturday at the Culinary Institute of America at Greystone in St Helena, the auction coincided with the 8th annual Symposium for Professional Wine Writers at Meadowood Napa Valley.
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Tuesday, 28 February 2012
Wine worth as much as $8.3 million, including a 300-bottle collection of Chateau Lafite-Rothschild spanning every year from 1981 to 2005, is scheduled for sale at Christie’s in Hong Kong this week.
The London-based house estimates the 25 cases of the Bordeaux first-growth wine, which it says have been kept in pristine condition, may fetch as much as HK$4.5 million ($575,400), or almost $2,000 per bottle. At that price, it would be the most expensive single lot of wine auctioned this year.
Demand from Asian collectors and investors has helped boost values of investment-grade vintages as wine has rebounded from losses sustained during the 2008 financial crisis. The Liv-ex 100 fine wine index has held on to the 6.8 percent gain it made in the first quarter of this year amid volatility in other markets, and is up 19.3 percent over the past 12 months.
“I’m struck each time I go to mainland China by the groundswell of demand,” Charles Curtis, Christie’s head of wine sales for Asia, said in a telephone interview from New York. “There’s nothing but upside to this trend.”
Christie’s is also offering a 3-liter jeroboam of Romanee- Conti DRC 1971 Burgundy which it says may sell for as much as HK$320,000.
A six-liter imperial of Lafite 2003 carries a high estimate of HK$100,000 while six bottles of 1911 Moet & Chandon Champagne are also being included as a single charity lot, with the potential to fetch as much as HK$500,000. The auction is taking place on Sept. 3 and Sept. 4.
Bonhams in London will feature two lots of Romanee-Conti Domaine de la Romanee-Conti Burgundy in its Sept. 8 sale. One, comprising 12 bottles of the 1990 vintage, carries an estimate of as much as 120,000 pounds ($196,500) while 12 bottles of the 1988 carry a top estimate of 80,000 pounds.
At Sotheby’s (BID) London sale on Sept. 14, Romanee-Conti and Lafite also top the bill. Two cases of Romanee-Conti 1988 DRC are on offer at a top estimate of 70,000 pounds each while two cases of Lafite are also on sale carrying a top estimate of 40,000 pounds. The auction also features Lafite 1986 and Chateau Latour 1982.
Wine totaling $224.8 million has been sold by the five largest auction houses so far this year, compared with their combined sales of $354 million for the whole of 2010.
Auction sales of mature wines may be bolstered after Chinese and other buyers balked at price rises of as much as 80 percent being asked for Bordeaux’s new vintage offered “en primeur,” while still in barrels, said dealers.
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The London-based house estimates the 25 cases of the Bordeaux first-growth wine, which it says have been kept in pristine condition, may fetch as much as HK$4.5 million ($575,400), or almost $2,000 per bottle. At that price, it would be the most expensive single lot of wine auctioned this year.
Demand from Asian collectors and investors has helped boost values of investment-grade vintages as wine has rebounded from losses sustained during the 2008 financial crisis. The Liv-ex 100 fine wine index has held on to the 6.8 percent gain it made in the first quarter of this year amid volatility in other markets, and is up 19.3 percent over the past 12 months.
“I’m struck each time I go to mainland China by the groundswell of demand,” Charles Curtis, Christie’s head of wine sales for Asia, said in a telephone interview from New York. “There’s nothing but upside to this trend.”
Christie’s is also offering a 3-liter jeroboam of Romanee- Conti DRC 1971 Burgundy which it says may sell for as much as HK$320,000.
A six-liter imperial of Lafite 2003 carries a high estimate of HK$100,000 while six bottles of 1911 Moet & Chandon Champagne are also being included as a single charity lot, with the potential to fetch as much as HK$500,000. The auction is taking place on Sept. 3 and Sept. 4.
Lafite Imperials
At a separate Hong Kong sale being mounted by New York- based house Zachys on Sept. 9 and Sept. 10, a collection of Lafite imperials covering the years 1995 to 2003 is up for sale, along with Chateau Mouton-Rothschild from a California collector.Bonhams in London will feature two lots of Romanee-Conti Domaine de la Romanee-Conti Burgundy in its Sept. 8 sale. One, comprising 12 bottles of the 1990 vintage, carries an estimate of as much as 120,000 pounds ($196,500) while 12 bottles of the 1988 carry a top estimate of 80,000 pounds.
At Sotheby’s (BID) London sale on Sept. 14, Romanee-Conti and Lafite also top the bill. Two cases of Romanee-Conti 1988 DRC are on offer at a top estimate of 70,000 pounds each while two cases of Lafite are also on sale carrying a top estimate of 40,000 pounds. The auction also features Lafite 1986 and Chateau Latour 1982.
New York
Hong Kong, now the world’s largest wine auction center, will also see a sale by Acker Merrall & Condit, including a 12- bottle case of Romanee-Conti 1990 DRC estimated to fetch up to $HK1.6 million, while New York will have sales by Acker, Zachys and Christie’s. Hart Davis Hart will hold a Chicago sale.Wine totaling $224.8 million has been sold by the five largest auction houses so far this year, compared with their combined sales of $354 million for the whole of 2010.
Auction sales of mature wines may be bolstered after Chinese and other buyers balked at price rises of as much as 80 percent being asked for Bordeaux’s new vintage offered “en primeur,” while still in barrels, said dealers.
Another place that is great for investing in wine is Crimson Fine Wines
Crimson Fine Wines has recently started up in London.
September Sales
Following is a list of global wine sales scheduled during September. Dates may be subject to revision, and links are to auction house sale catalogues where available.Sept. 3: Christie’s, Hong Kong Sept. 4: Christie’s, Hong Kong Sept. 8: Bonhams, London Sept. 8/9: Christie’s, London Sept. 10: Sotheby’s, New York Sept. 10: Acker Merrall & Condit, New York Sept. 9/10: Zachys, Hong Kong Sept. 14: Sotheby’s, London Sept. 16: Acker Merrall & Condit, Hong Kong Sept. 17: Acker Merrall & Condit, Hong Kong Sept. 17: Hart Davis Hart, Chicago Sept. 22: Christie’s, Paris Sept. 22: Zachys, New York Sept. 24: Christie’s, New York Sept. 24/25: Spectrum, Hong Kong
Friday, 24 February 2012
Crimson Fine Wines
Crimsons fine wines, are one of the top wine investors, based in London, United Kindom
Wine is the best investment at this current economic crisis and crimson fine wines offers the best deals around.
Wine is the best investment at this current economic crisis and crimson fine wines offers the best deals around.
East vs West
There has been an overwhelming demand for the 2010 vintage. Margaux has been deemed “wine of the vintage” and so is performing extremely well. So too are a number of Second growth’s such as the Montrose and the Pontet Canet which were both rated highly by Robert Parker “the man with the million dollar nose.”
One of the factors driving En Primeur wine is that we have seen a big change in the buying habits of China. In previous years the Chinese tended to stick to bottled wines, however up to 68% of the 2010 vintage released in the last few months have found themselves in the hands of Hong Kong’s elite.
With such a huge demand from the Far East wine prices are on the up and there is NO sign of them stopping!
If you're thinking of investing in wine I would strongly recommend Crimsons Fine Wine they have never let me down yet!
If you're thinking of investing in wine I would strongly recommend Crimsons Fine Wine they have never let me down yet!
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