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INVESTMENT OFFER: CHÂTEAU ANGELUS 2010 |
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Château
Angelus 2010
£2,350
unit price per 12
(EXCLUDING MANAGEMENT FEE)
"This is the greatest Angelus ever for me" James Suckling
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Key Points
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98 score from Robert Parker Jnr.
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99 score from James Suckling.
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Still remains undervalued since re-classification in
September '12.
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Right Bank is the best performing Bordeaux index over the
last 14 months.
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Placed 2nd in 2013 Liv-ex Power 100 - the annual list of the
most powerful brands in the fine wine market (ranked 23rd in
2012).
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Placed 4th in 2013 Liv-ex Value 100.
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£2,500 elsewhere on the market.
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Comparable vintages:
- 2000 (97 pts) £3,500
- 2005 (98 pts) £2,700
- 2009 (99 pts) £2,650
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"An absolutely spectacular wine from this estate, run with
meticulous precision by Hubert de Bouard, the opaque
bluish/purple 2010 Angelus offers up a beautifully sweet
smorgasbord of aromas ranging from blueberry pie to espresso
roast, white chocolate, creme de cassis, licorice, truffle
and a touch of lead pencil shavings. There is even a floral
underpinning to this extraordinary, highly-scented,
full-bodied wine. Rich, layered and built like a skyscraper,
this multi-dimensional Angelus has lavish concentration and
moderately high tannin, but it is sweet and well-integrated,
as is the oak. Just enough acidity provides focus and
delineation to this exceptionally well-endowed wine, which
should hit its prime in 7-10 years and last 30-40."
Score:
98 |
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Robert Parker,
Wine Advocate #205
February 2013 |
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"The nose is impressively rich with an opulence and sexiness
with earth, berry, spice and chocolate character. Black
truffles! Full body, with seamless tannins and beautiful
richness. It goes on for minutes. The layers of fruit and
ripe tannins are phenomenal. This is the greatest Angelus
ever for me. Try in 2018."
Score: 99 |
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James Suckling,
JamesSuckling.com
February 2013 |
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Brand
Passionately managed for over four generations, Angelus is
owned and run by two cousins, Hubert de Boüard de Laforest,
and Jean-Bernard Grenie and is located in the centre-west of
the St-Emilion appellation, due west of St-Emilion town.
Angelus's vineyards, 57.8 acres, situated less than a
kilometer away from the famous St Emilion steeple, enjoys a
perfect southerly-exposed slope - Cabernet Franc (which
makes up 48% of the blend) is grown at the bottom of the
slope, where the soil is sandier and warmer, while the
Merlot (50% of the blend) is grown in the limestone-rich
clay soils at the top of the slope.
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Investment Analysis
Right Bank wines have posted the most consistent growth
rates from Bordeaux, with the Liv-ex Right Bank 100 now
having posted 15 months consecutive gains. Shown below, a
breakdown of the components of Bordeaux 500 (Liv-ex's most
comprehensive index and reflects trends in the wider fine
wine market. It represents the price movement of 500 leading
wines and is calculated monthly using the Liv-ex Mid Price.)
This index is dominated by the Right Bank 100, which has
drawn a lot of market attention over the last couple of
years with investors focusing on quality as well as 'value
for money'. A large portion of this growth can be attributed
to the reclassification of Angelus and Pavie.
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Reclassification
In September 2012, the results of the long-awaited St
Emilion re-classification were announced. The big winners
were Angelus and Pavie, which were upgraded to Premier Grand
Cru Classe A to sit alongside Cheval Blanc and Ausone. In
the year since then, both have seen solid activity on the
secondary market, and substantial price rises across all
recent vintages.
It's clear that the reclassification to Premier Grands Crus
Classés A has been a tremendous boost for Angelus. The 10
youngest physical vintages (prior to 2010) have seen the
following growth rates:
As a comparison, the following shows similarly scored
vintages from the two brands that already existed in this
top classification, Cheval Blanc and Ausone:
Whilst it is not realistic to expect Angelus to reach these
prices overnight, it is a clear indication of how
undervalued this vintage is and acts as a superb benchmark
for the longer-term growth projections. Since the price
correction in 2011 and early 2012, the market favours
smaller-production estates who produce consistent,
high-quality vintages and have kept value-for-money at the
top of their priorities.
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Power 100 and Value 100
In November, Liv-ex and The Drinks Business released the
2013 edition of the Power 100 (annual list of the most
powerful brands in the fine wine market) and Value 100,
which focuses solely on Bordeaux wines that have achieved an
average score of more than 90 points. In order to identify
lower-priced buying opportunities, all of the labels that
are trading at more than £2,000 per case are removed.
For the first time in its eight year history, the Power 100
list was not topped by a First Growth or DRC. Instead, the
#1 and #2 spots were taken by Pavie and Angelus
respectively; a testament to the importance and legitimacy
of their recent status upgrade. Angelus deserves particular
attention for its meteoric rise from its previous rank of 23
in 2012.
To reinforce its position in the market, it went on to place
4th in the Value 100.
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Investment summary
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Short-term growth projections of 25-45% (2-3 years).
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Medium-term growth projections of 60-100% (3-5 years).
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Market sentiment for Right Bank extremely positive.
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5% below the rest of the UK market.
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Value & growth potential vs. other top Right Bank estates.
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Reg. Company No: 06350591 | VAT No. GB 129 9514 84 | St Andrews House, Upper Ham Road, Richmond TW10 5LA.
© 2013 All Rights Reserved. Cult Wines Ltd & Wineinvestment.com | You must be 18 or over to order. |
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