The Market

move over drc – for expensive bouchard père…

By billn on September 03, 2016 #the market

bpf-1865You didn’t think that I’d let this slip by eh?

I may have previously mentioned that I bought wine at the last ex-cellars sale of Bouchard Père et Fils wines, in that particular case from Sothebys. At the weekend there was another sale, again featuring ex-cellars wines, but this time it was Christies with the gavel, and just for good measure, the venue Hong Kong, not London.

Of-course it was the impeccably stored 19th-century bottles that took the honours – no less than the 1865 Chambertin, re-corked in 1991 – a snip at USD 39,661. And that’s despite the sale catalogue having to resort to a tasting note dated 1995!

I note that on a per-bottle level, this was easily the most expensive bottle in the sale – and that despite the presence of plenty of Domaine de la Romanée-Conti’s best…

offer of the day – leroy…

By billn on September 02, 2016 #the market

Or maybe that should be offer of the millennium?

It would set you back a mere $43,400 for one each of these wines – a little over $800 as an average bottle price – clearly a bagatelle for some, though on the other hand, probably enough to fit wells and sanitation to a number of sub-Saharan villages. You pays your money…

Red Burgundy
2013 Domaine Leroy Clos Vougeot Grand Cru (750ml) $2,375.00  (US Dollars)
2013 Domaine Leroy Clos de la Roche Grand Cru (750ml) $2,650.00 
2013 Domaine Leroy Nuits St Georges Aux Bas de Combe (750ml) $555.00 
2013 Domaine Leroy Nuits St Georges Aux Lavieres A.C. (750ml) $555.00 
2013 Domaine Leroy Pommard Les Vignots (750ml) $555.00 
2013 Domaine Leroy Richebourg Grand Cru (750ml) $2,800.00 
2013 Domaine Leroy Romanee St Vivant Grand Cru (750ml) $2,700.00 
2013 Domaine Leroy Savigny Les Beaune Les Narbantons 1er Cru (750ml) $925.00 
2013 Domaine Leroy Volnay Santenots Du Milieu 1er Cru (750ml) $925.00 
2013 Domaine Leroy Vosne Romanee Les Beaumonts 1er Cru (750ml) $975.00 

2012 Domaine Leroy Vosne Romanee Aux Genevrieres (750ml) $825.00 
2012 Domaine Leroy Vosne Romanee Les Beaux Monts VV 1er Cru (750ml) $1,375.00

2011 Domaine Leroy Latricieres Chambertin Grand Cru (750ml) $1,950.00 
2011 Domaine Leroy Nuits St Georges Aux Bas de Combe (750ml) $550.00 
2011 Domaine Leroy Nuits St Georges Aux Boudots 1er Cru (750ml) $850.00 
2011 Domaine Leroy Pommard Les Vignots (750ml) Qty3 $580.00 
2011 Domaine Leroy Savigny Les Beaune Les Narbantons 1er Cru (750ml) $800.00 

2010 Maison Leroy Cote de Beaune Villages A.C. (750ml) $130.00

2009 Domaine Leroy Nuits St Georges Aux Lavieres A.C. (750ml) $555.00 
2009 Domaine Leroy Romanee St Vivant Grand Cru (750ml) $2,950.00 
2009 Domaine Leroy Savigny Les Beaune Les Narbantons 1er Cru (750ml) $825.00 

2009 Maison Leroy Bourgogne Rouge (750ml) $63.00 
2009 Maison Leroy Gevrey Chambertin A.C. (750ml) $405.00 
2009 Maison Leroy Pernand Vergelesses A.C. (750ml) $155.00 
2009 Maison Leroy Santenay A.C. (750ml) $100.00 
2009 Maison Leroy Vosne Romanee A.C. (750ml) $425.00 

2007 Domaine Leroy Nuits St Georges Aux Allots 1er Cru (750ml) $425.00

2006 Maison Leroy Pommard 1er Cru (750ml) $510.00

2005 Maison Leroy Beaune Belissand 1er Cru (750ml) $425.00 

2000 Domaine Leroy Chambolle Musigny Les Charmes 1er Cru (750ml) $650.00 
2000 Domaine Leroy Chambolle Musigny Les Fremieres (750ml) $650.00 
2000 Domaine Leroy Nuits St Georges Aux Allots (750ml) $425.00 
2000 Domaine Leroy Nuits St Georges Aux Bas de Combe (750ml) $725.00 
2000 Domaine Leroy Nuits St Georges Aux Boudots 1er Cru (750ml) $725.00 
2000 Domaine Leroy Pommard Les Vignots (750ml) $400.00 

1996 Domaine Leroy Volnay Santenots (750ml) $765.00

1995 Domaine Leroy Savigny Les Beaune Les Narbantons 1er Cru (750ml) $440.00 

White Burgundy
2011 Domaine Leroy Bourgogne Aligote A.C. (750ml) Qty17 $95.00 
2011 Domaine d’Auvenay Lalou Bize-Leroy Auxey Duresses Clous (750ml) $645.00 
2011 Domaine d’Auvenay Lalou Bize-Leroy Bourgogne Aligote A.C. (750ml) $2,016.00 
2011 Maison Leroy Bourgogne Aligote A.C. (750ml)$65.00 
2011 Maison Leroy Meursault Blagny 1er Cru (750ml) $162.00 
2011 Domaine d’Auvenay Lalou Bize-Leroy Meursault Les Narvaux A.C. (750ml) $1,100.00

2010 Maison Leroy Chassagne Montrachet Morgeot 1er Cru (750ml) $240.00

2009 Maison Leroy Auxey Duresses A.C. (750ml) $185.00 
2009 Maison Leroy Meursault Perrieres 1er Cru (750ml) $330.00 
2009 Maison Leroy Puligny Montrachet Sous le Puits 1er Cru (750ml) $255.00

2008 Maison Leroy Chassagne Montrachet Les Embrazees 1er Cru (750ml) $270.00 

2007 Domaine Leroy Corton Charlemagne Grand Cru (750ml) $2,350.00

2002 Domaine d’Auvenay Lalou Bize-Leroy Auxey Duresses A.C. (750ml) $600.00 
2002 Domaine d’Auvenay Lalou Bize-Leroy Meursault Les Narvaux A.C. (750ml) $1,025.00 

1983 Maison Leroy Auxey Duresses A.C. (750ml) $400.00

offer of the day – henri boillot 2014s…

By billn on August 24, 2016 #the market

Don’t ask me what happened to the 2013s – I’ve seen nothing from this merchant since the 2012s – but suddenly, they are back in action! But it’s a good look at the pricing history in Switzerland, even if the 13s are missing!

In brackets, you will see the equivalent prices from the 2012 offer, the 2011 offer and then the 2010 offer, in the format; 2014 chf (2012 2011 2010):

VILLAGES BLANCS 2014
BOURGOGNE Chardonnay 75cl 22.00 (22.00 20.00 20.00) Swiss francs
MEURSAULT 75cl 44.00 (44.00 39.00 39.00)
Saint Aubin 75 cl 32.00
PULIGNY-MONTRACHET 75cl 48.00 (48.00 42.00 42.00)

PREMIERS CRUS BLANCS 2014
MEURSAULT Les Genevrières 75cl 79.50 (89.50 79.00 68.00)
MEURSAULT Les Perrières 75cl 89.50 (98.00 79.00 69.00)
Puligny Les Perrières 75 cl 79.50
Puligny Les Combettes 75 cl 89.50
Puligny Les Folatières 75 cl 89.50
PULIGNY-MONTRACHET Clos de La Mouchère 75cl not offered (89.50 72.00 68.00)
PULIGNY-MONTRACHET Les Pucelles 75cl not offered (98.00 78.00 72.00)

GRANDS CRUS BLANCS 2014
CORTON CHARLEMAGNE 75cl 139.00 (138.00 99.50 98.00)
CRIOTS BÂTARD MONTRACHET 75cl 249.00 (249.00 168.00 159.00)
BIENVENUES BÂTARD MONTRACHET 75cl 319.00 (319.00 189.00 178.00)
BÂTARD MONTRACHET 75cl 389.00 (399.00 249.00 235.00)
MONTRACHET 75cl not offered (599.00 448.00 399.00)

VILLAGE & PREMIERS CRUS ROUGES 2014
VOLNAY 37.5cl 24.00
VOLNAY 75cl not offered (44.00 39.00 39.00)
Volnay Les Chevrets 75 cl 73.00
VOLNAY Les Caillerets 75cl 79.50 (85.00 69.00 66.00)
POMMARD Les Rugiens 75cl 85.00 (89.00 69.00 69.00)

GRANDS CRUS ROUGES 2014
CLOS DE VOUGEOT 75cl 129.00 (139.00 105.00 98.00)
Bonnes-Mares 75cl 229.00

Largely the same or a little less than in 2012 – I guess that’s the strength of the Swiss Franc talking…

ex-cellar bouchard père et fils auction…

By billn on July 20, 2016 #the market

bouch-saleArticle link here

It must have been around 1999 that Sotheby’s made the very same ex-cellars sale. It quickly followed the purchase of Bouchard Père et Fils by Henriot (of Champagne). I actually bought a few things as I liked that they came direct from Bouchard’s cellars.

Provenance is, of-course, king, but most of my purchases have been drunk, though maybe I’ve still some 1997 Le Corton (OWC!) left – somewhere!

Fifteen-plus years later, and looking at some of the quoted estimates, I don’t expect that this time round I’ll be buying very much – which is a shame as I quite fancied the mixed case of Volnay Caillerets!

new(s) from inter beaujolais…

By billn on July 14, 2016 #the market

Inter Beaujolais* is the ‘southern‘ equivalent of the BIVB. Yesterday they announced some changes:

At their Extraordinary General Meeting on July 13, the members of Inter Beaujolais endorsed the appointments of Dominique Piron as President and David Ratignier as Vice-President. Every two years these positions switch between ‘traders’ and ‘growers’ – we now enter the grower’ phase.

Dominique Piron, 66 is a grower from Morgon and David Ratignier, 46, is a grower in Saint-Etienne-la-Varenne. For the full announcement, in French, click here.

*The Interprofessional des Vins du Beaujolais was formed in 1959 and has responsibility for the 12 Beaujolais appellations. This encompasses an area of ​​16,000 hectares in 2 départments (Rhone and Saone et Loire), producing roughly 100 million bottles per year, representing nearly 2000 winemakers, 12 wine cooperatives and over 150 Maisons de négoce.

Enter – Carel Voorhuis

By billn on June 29, 2016 #producer update#the market

DSC08824Right: Carel Voorhuis at Ardhuy, 29 November 2015.

So, finally I’m no-longer embargoed! – Carel Voorhuis of Domaine d’Ardhuy will replace David Croix at Camille Giroud. Here, hot from my inbox, is their joint statement:

Chers amis,

Suite à vos nombreuses sollicitations, nous vous confirmons qu’effectivement, des changements vont avoir lieu au domaine d’Ardhuy et chez Camille Giroud.

Après 15 ans, David Croix quitte la tête de la Maison Camille Giroud et Carel Voorhuis quitte le Domaine d’Ardhuy, prenant la succession de David.

Les vinifications du millésime 2016 se feront de part et d’autre en binôme : les deux maisons ont le souci de la pérennisation de la qualité des vinifications et du style maison, dans l’esprit de la recherche de l’excellence qui les meut depuis de nombreuses années.

Bien cordialement,

David et Carel

elin’s apocalypse…

By billn on June 28, 2016 #other sites#the market

A thoughtful article from Elin McCoy, which has many overtones of my own ‘Vuittonification‘ post from last December. Elin has taken a more personal (producer) perspective versus my more structural perspective – but the conclusions are the same. The only things that have changed since my post in December is that we now clearly have a tiny 2016 vintage underway, one that can only make pricing even more difficult for the market to swallow, and a European (fiscal) market in turmoil due to Brexit.

Everyone sees the problem, yet, seemingly, no-one can help avoid the impending market crash for Burgundy wines.

David Croix – on the move…

By billn on June 23, 2016 #producer update#the market

DSC08818There’s no doubt that David Croix has been very busy at two Beaune producers for the last years; working at, and then overseeing, Maison Camille Giroud since 2001 and his own Domaine des Croix (with investors), since 2005. But at the end of this year he will be making some big changes:

“I’m proud of what we have achieved at Camille Giroud, and 15 years has gone by really quickly, but I’ve decided that it’s time for a change. It’s really possible that a fresh pair of eyes and hands can take Camille Giroud to a new level – which I’m really hoping for. So the 2016 harvest will be my last for Camille Giroud as I will be moving to a new project at the end of the year. Whilst Domaine des Croix is my priority, it won’t be my only project – you can imagine that I wouldn’t want to be bored (he jokes) – after-all, at the moment I have over 40 different cuvées at these two domaines – I’d be moving to ‘only 11’ at Domaine des Croix!”

Given that it’s 6 months away David prefers, for the moment, not to be drawn on his new project:

“It’s just not the right time, I have clear priorities at Camille Giroud and des Croix right now. But I can confirm that we will be announcing my replacement at Giroud very soon.”

Burgundy Report

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