|
Problems viewing this
email? Please select 'always display images' or
click here |
|
|
|
INVESTMENT OFFER: LAFITE ROTHSCHILD 2013 (6x75cl CASE)
|
|
|
|
|
|
|
|
|
|
|
|
Lafite Rothschild 2013 (92-93 JS)
£1,450.00 per 6 bottle case
UK BEST MARKET PRICE - EX MANAGEMENT FEE
|
|
|
|
|
|
|
|
|
|
|
|
|
Key Points
|
|
|
|
|
• |
|
£1,450 per 6.
|
|
•
|
|
(92-93) score from James Suckling.
|
|
•
|
|
(91-93) score from Neal Martin.
|
|
•
|
|
95 score from Tim Atkin.
|
|
•
|
|
One of the five 1st Growths – the top classification of Bordeaux Left-Bank wines.
|
|
•
|
|
1st in value and volume traded on Liv-ex in 2013.
|
|
•
|
|
Comparable, physical vintages trade at a minimum of £1,900 per 6:
- 2012 @ £1,900
- 2011 @ £2,050
- 2007 @ £2,680
- 2004 @ £2,400
- 2002 @ £2,550
- 2001 @ £2,760
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
"The Grand Vin is a blend of 98% Cabernet Sauvignon and 2%
Merlot. The latter was apparently difficult to assimilate
with the Cabernet, gradually adding 1% at a time and
finally, electing 2% as the optimal amount. As usual, I
spent 10+ minutes with my sample, as it is never as
immediate as say, Latour or Château Margaux. It has an
elegant bouquet with a fine violet scent that became more
accentuated with time. There is plenty of dark cherry and
blackcurrant fruit, a touch of pencil shavings that becomes
more pronounced with aeration. The palate is a little
austere because of the dominance of the Cabernet Sauvignon,
although that 2% Merlot does take the edge off the finish,
rounding out any edges. The aftertaste has that attractive
saline tincture, but here a little spicier and longer than
its peers. This is a traditional Pauillac; a success for the
vintage and a wine that I think will improve in bottle
rather than in barrel. A steadfast Lafite. Tasted April 2014."
Score: (91-93) |
|
|
|
|
|
|
|
Neal Martin,
eRobertParker.com
April 2014 |
|
|
|
Brand
From the early 18th century, Lafite found its market in
London. It appeared in the very official London Gazette of
1707 as being “sold at public auctions in the City of
London, after being offloaded from foreign merchant ships
seized by British corsairs as well as by the vessels of the
Royal Navy”. The London Gazette described the Lafite wine
and its counterparts as “New French clarets”. Between
1732-1733, Robert Walpole, the Prime Minister, purchased a
barrel of Lafite every three months. It was only much later
that France began to take an interest in Bordeaux’s red
wines.
At this time the winemaker was Marquis Nicolas Alexandre de
Ségur, who also owned Latour, Mouton and Calon-Segur. He
improved the winemaking techniques and above all enhanced
the prestige of fine wines in foreign markets and the
Versailles court. He became known as “The Wine Prince”, and
Lafite’s wine became “The King’s Wine”.
Lafite was one of the four Bordeaux originally rewarded 1st
Growth status in the 1855 Classification, but widely
considered the best of all. In 1868, Baron James de
Rothschild - of the banking dynasty - purchased Château
Lafite. As a welcome indication to the new owner, the 1868
vintage held the record for its high price for the entire
century.
The end of the 19th century and the first half of the 20th
century were turbulent for Lafite. A combination of the
phylloxera aphid catastrophe, two World Wars and severe
financial crisis led to a reduction in vineyard size, levels
of supply and quality of product.
The following decades strengthened Lafite’s position once
again. However, it wasn’t until 1994 - when the estate came
under the control of Charles Chevallier- that an admirable
level of consistency at the best level was achieved. The
average score (from Robert Parker) for the previous 10
vintages was 90.4 which sharply rose to 96.1 from the year
Chevallier took over until now.
|
|
|
|
Investment Analysis
Although Lafite slipped from the Top 10 Power Brands of 2012
in the wine industry down to the Top 20 for 2013, it still
topped the league for both Value and Volume traded on Liv-ex
throughout the year, accounting for 18.10% and 6.57%
respectively.
As the table below demonstrates, the 2013 represents the
best value of all comparable vintages and shows a clear
trajectory of price growth potential.
The following translates the previous data into a price over point value (POP Value), including all vitnages since 2000:
|
|
|
|
2013 Vintage
It has been more than well documented, that the 2013 vintage
certainly isn’t going to make its way in to the History
books alongside the 09/10 Vintages. This may be bad news if
you are a lover of Fine Wine for consumption, but in a few
cases, great news if you are an investor seeking value and
the chance to make some strong short to medium term gains.
With production levels on average down by 35-50%, there are
some clear investment opportunities within this Vintage.
From the whole vintage we have so far only looked at Mouton
Rothschild, Lafite Rothschild and their repective second
wines – Petit Mouton and Carruades de Lafite. The graph
below illustrates the value that 2013 represents for these
four wines; highlighting the price compared to the next
cheapest vintage available.
Key Points:
• Low downside risk – most affordable Lafite vintage.
• Still the most traded wine in the industry, based on value and volume.
• Growth projection of 25-35% ahead of physical release in Spring 2016.
• Long-term potential of 60-80% over 5-8 years.
• Upside potential of 70-90% in 5 years if Liv-ex 50 recovers as expected.
• Very limited availability at this buy price.
• 10% below the UK market.
|
|
|
|
|
|
Reg. Company No: 06350591 | VAT No. GB 129 9514 84 | St Andrews House, Upper Ham Road, Richmond TW10 5LA.
© 2014 All Rights Reserved. Cult Wines Ltd & Wineinvestment.com | You must be 18 or over to order. |
|
|
|
