Château Montrose Overview
Owner: Martin & Olivier Bouygues
Appellation: Saint- Estephe
Classification: 2eme Grand Cru classé
Vineyard area: 65 hectares
Production: 230,000 bottles per annum (19,000 cases)
Investment Analysis
• 2010 Vintage considered to be one of the great vintages in recent times.
• One of only 11 wines to receive the perfect 100 score from Parker.
• Trades at a significant discount to direct benchmark vintages.
• Currently one of the best value 100 point wines in the market.
• Montrose currently ranked number 8 in both Liv-ex Power and brand rankings
• 80-100% growth expected over a 5-7 year hold
• Zero downside risk and strong short-medium term upside
2010 Tasting Notes - Robert Parker - Wine Advocate Aug 2014
This
is considered to be among the greatest vintages ever made in Montrose, right up
with the 1929, 1945, 1947, 1959, 1961, 1989, 1990 and 2009. Harvest was October
15 to 17. The wine has really come on since I last tasted it, and it needs at
least another 10 years of cellaring. The blend was 53% Cabernet Sauvignon, 37%
Merlot, 9% Cabernet Franc and 1% Petit Verdot. The wine is opaque black/blue,
with an incredible nose of blueberry and blackberry liqueur, with hints of
incense, licorice, and acacia flowers. Tannins are incredibly sweet and very
present. The wine is full-bodied, even massive, with great purity, depth and a
finish that goes on close to a minute. This is a 50- to 75-year-old wine that
will repay handsomely those with good aging genes. (Note: The Chateau Montrose
website gives an aging potential of 2020-2100.)
Comparable Vintages Table:
|
Vintage
|
Score (RPJ)
|
Price ($)
|
Price difference to '13
|
|
1961
|
95
|
13,540
|
372%
|
|
1989
|
98+
|
4,162
|
45%
|
|
1990
|
100
|
8,853
|
209%
|
|
2009
|
100
|
3,645
|
28%
|
|
2010
|
100
|
2,864
|
0%
|
As the table above demonstrates, there is a clear price disparity
between equally scored Montrose vintages. We would expect to see this price gap
close considerably over the next 18-24 months, following the recent upgrade.
Whilst the 1961, 1989 and 1990 are clear long term benchmarks, we would expect
over the next 5 years for both the 2009 and 2010 vintages to significantly
close the gap on the equally scored 1990 vintage.
