If you are having issues reading this email please click here to view online     Cult Wines Fine Wine Offer   Chateau Pavie 2014 - £1,825.00 per 12   Chateau Pavie 2014 - £1,825.00 per 12 'This is one of the standout wines in Saint Emilion' Key Points   94-96 points NM, 17+ from JR. 3rd Highest rated Pavie by Neal Martin. 2nd lowest POP score across all vintages ( 1st Pavie 2011, which has seen growth of 30% in the last 12 months). Average 6 month performance across last 10 vintages is 14.5%. Along with Angelus, Pavie is still reaping the benefits of the re-classification in 2012, however prices are still some way off parity with Cheval Blanc and Ausone. 2014 considered a very good year for Saint Emilion. CW unit price 6% below UK market. Estate Overview 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. Chateau Pavie is the largest St.Emilion 1er Grand Cru Classe, with over 35 hectares of vineyards located exclusively on the St-Emilion Cotes. Pavie is situated south-east of the village of St-Emilion and its vineyards lie on a south-facing slope of the famous limestone plateau. 2014 Tasting Notes The Chateau Pavie 2014 is a blend of 60% Merlot, 22% Cabernet Franc and 18% Cabernet Sauvignon picked between 3 and 10 October, a lower percentage of Merlot as the vineyard moves towards more Cabernet in the blend. Matured in 80% new oak and 20% one-year old, it has an opulent and delineated bouquet that is heads above the Bellevue-Mondotte. The palate is medium-bodied with fine tannin, the Cabernet in sync with the Merlot, silky smooth in the mouth with a plush but not cloying finish. The mineralite shows through nicely, partly because of that higher percentage of Cabernet. This is a different style of Pavie compared to previous vintages and the team were clear in their emphasis on more Cabernet and less oak. The result is a Pavie that really exploits its propitious terroir and a wine that even compared to Gerard Perse's other 2014s, demonstrates more complex, more class and classicism. This is one of the standout wines in Saint Emilion. Neal Martin - 94-96 pts   Interested in purchasing Chateau Pavie 2014? Please contact your portofolio manager or...   Investment Analysis   As outlined in the graph below, the last 10 vintages of Pavie have performed well over the last 5 years. Most notably, the last 6 month performance figures have been very revealing of current market sentiment for Pavie, averaging just over 14%. Comparable Vintage Table What is clear from the table above is that NM once again seems to be far more reserved in his tastings for Pavie than his predecessor. The 2014 currently stands to be the third best vintage post millennium based on Neil Martins En Primeur scores. Whilst it would be unfair to suggest that the 2014 has the capacity to sit alongside the 2009 and 2010 vintages upon physical release, we certainly expect that the 2014 will take up the middle ground within the next 18-24 months. Therefore, the most interesting benchmark is the 2012 at £2,350.00 per 12 – a 28.7% increase on the 2014. Over recent years these two estates have been somewhat intertwined, whether it be their reclassification in the same year, matching EP release prices or special 'one off' 2012 bottle designs, it is difficult to mention one estate without a thought on the other. On one level the estates aren't quite aligned, and this is pricing.   Interested in purchasing Chateau Pavie 2014? Please contact your portofolio manager or...   St Emilion Premier Grand Cru Classe A   Simple vintage analysis shows that the average price of Pavie vintages 2000-2014 is the lowest against other Prem Grance Cru Classe As, despite having the second highest average score. Drawing closer comparisons to the similarly scored vintages of the established Ausone and Cheval Blanc, the value of the 2014 becomes clearer. These provide a solid long-term benchmark for the estate.   Interested in purchasing Chateau Pavie 2014? Please contact your portofolio manager or...   Summary Points Best value for quality Pavie available. 3rd vintage under the Premier Grand Cru Classe A status. One of the highest quality wines in St Emilion in 2014. Same score as Lafleur and higher rating than Petrus by Neal Martin. Re-classification still not priced into the market. Value Vs Cheval Blanc and Ausone To be re-scored in spring 2017.   If you are interested in buying this wine we therefore encourage you to place an order or contact your portfolio manager promptly to avoid any disappointment. Reg. Company No: 06350591 | VAT No. GB 129 9514 84 St Andrews House, Upper Ham Road, Richmond TW10 5LA. © 2016 All Rights Reserved. Cult Wines Ltd & Wineinvestment.com | You must be 18 or over to order.