Spotlight on Tua Rita Redigaffi

29th April 2014 by Tom Gearing
Posted in: Wine Investment
Tagged: Tua Rita Redigaffi wine investment
Spotlight on Tua Rita Redigaffi

Background:

This Tuscan estate of around 55 acres was acquired by owners Rita Tua and her husband, Virgilio Bisti in 1984. They set about planting a mixture of Cabernet and Merlot and in 1992 produced their very first vintage. It wasn’t too long after; that the estate started receiving praise and highly deserved accolades from the world’s leading wine critics and enthusiasts alike. Its 100% Merlot offering – Redigaffi – quickly gained a cult-like status which was cemented when the world’s pre-eminent wine critic Robert Parker Jr. awarded their 2000 vintage with a perfect score of 100 pts.

With the estate’s other wines equally high in quality, it is of no surprise that the wines of Tua Rita are some of the most difficult to find. Especially when you consider the estate’s total annual production is currently just 3400 cases, of which only 9,000 bottles are made of the highly regarded Redigaffi.

 

LIV-EX Blog, March 2014

‘’ Italy’s strongest performers remained the Super Tuscans, but prices are lifting for other wines from the region: Redigaffi 2005 and 2006 have risen over 30% in two years.’’

Since 2007, the vintage has produced a string of fantastic wines averaging 95.8 pts from Robert Parker’s The Wine Advocate. The average trading price for these 5 vintages is currently £1,357 per 12.

This is compered to older vintages of Redigaffi which have scored equally well from critics (95-97 pts) which on average trade at £2,814 per 12, more than double the price of the estate’s most recent efforts.

 

 

Wine/Producer

£/ per 12

TWA

 

Wine/Producer

£/per 12

TWA

Tua Rita Redigaffi 2007

1,400

95

 

Tua Rita Redigaffi 1996

3,180

94

Tua Rita Redigaffi 2008

1,458

96

 

Tua Rita Redigaffi 1997

3,540

94

Tua Rita Redigaffi 2009

1,428

95

 

Tua Rita Redigaffi 1998

2,483

96

Tua Rita Redigaffi 2010

1,200

97

 

Tua Rita Redigaffi 2001

3,181

96

Tua Rita Redigaffi 2011

1,300

96

 

Tua Rita Redigaffi 2002

1,860

94

Average Price

1,357

95.8

 

Tua Rita Redigaffi 2006

2,640

97

       

Average Price

2,814

95.17

The data above suggests that the younger vintages of this wine are set to double in value over the next 5-7 years.

There seems to be a strong argument for focusing on the 2010 vintage which @ £1,200 per 12 looks considerably well priced when compared to older but inferior scored vintage which trade upwards of three times more.

 

James Suckling Scores:

Wine/Producer 

£/ Price

J. Suckling

Tua Rita Redigaffi 1997

3,540

100

Tua Rita Redigaffi 1999

3,118

97

Tua Rita Redigaffi 2008

1,458

98

Tua Rita Redigaffi 2009

1,428

96

Tua Rita Redigaffi 2010

1,200

96

Tua Rita Redigaffi 2011

1,300

99

 

  • One of the top performing Italian estates over the past 2 years (30% growth)
  • Low Production of c. 9,000 bottles per annum
  • Average trading price of older, similarly scored vintages @ £2,814 per 12
  • Projected growth of 100% over the next 5 years for younger vintages (2007-2011)
  • Tua Rita Reddigaffi one of the only non-Super Tuscan Italian wines to feature in the Liv-ex 1000 index.

 

Posted in: Wine Investment
Tagged: Tua Rita Redigaffi wine investment