The Market

results from the hospices de beaune sale…

By billn on November 19, 2012 #the market


Picture from the organisers.

The official statement from the organisers.

For what it is worth, I think the prices underline the expected quality of what was harvested, but more-so the quantity that was actually harvested, given that 2012’s lowest yields were seen in the Côte de Beaune. Whilst I personally felt Anthony Hanson’s pre-sale hyperbole about 2005 levels of quality too much, here is his post-sale assessment:

“Many records were broken at the 152nd Hospices de Beaune auction. Star cuvées among the red wines included (with average price per barrel and percentage increase compared with 2011): Clos de la Roche, Cuvée Georges Kritter €55,667 (without premium +94.2%) and Mazis-Chambertin, Cuvée Madeleine Collignon at €38,318 (without premium +57.7%). Thanks to a recent generous donation, a new grand cru from the Côte de Nuits was offered for the first time. This was Echézeaux, Cuvée Jean-Luc Bissey, and all six barrels sold for a magnificent €50,000 (hammer price) per barrel, raising €300,000 for the Hospices. The superb quality of the 2012 vintage wines, combined with the reduced quantity and the progression of demand for great burgundy in many countries, not just Asia, contributed to this astonishing, record result.”

offer of the day – henri boillot 2011s…

By billn on October 10, 2012 #p.ox#the market

VILLAGES BLANCS 2011
BOURGOGNE Chardonnay 75cl 20.00 (Swiss francs)
MEURSAULT 75cl 39.00
PULIGNY-MONTRACHET 75cl 42.00

PREMIERS CRUS BLANCS 2010
MEURSAULT Les Genevrières 75cl 79.00 (68.00)
MEURSAULT Les Perrières 75cl 79.00 (69.00)
PULIGNY-MONTRACHET Clos de La Mouchère 75cl 72.00 (68.00)
PULIGNY-MONTRACHET Les Caillerets 75cl 75.00 (69.00)
PULIGNY-MONTRACHET Les Pucelles 75cl 78.00 (72.00)

GRANDS CRUS BLANCS 2010
CORTON CHARLEMAGNE 75cl 99.50 (98.00)
CRIOTS BÂTARD MONTRACHET 75cl 168.00 (159.00)
BIENVENUES BÂTARD MONTRACHET 75cl 189.00 (178.00)
BÂTARD MONTRACHET 75cl 249.00 (235.00)
CHEVALIER-MONTRACHET 75cl 359.00 (349.00)
MONTRACHET 75cl 448.00 (399.00)

VILLAGE & PREMIERS CRUS ROUGES 2010
VOLNAY 75cl 39.00
VOLNAY Les Caillerets 75cl 69.00 (66.00)
POMMARD Les Rugiens 75cl 69.00

GRANDS CRUS ROUGES 2010
CLOS DE VOUGEOT 75cl 105.00 (98.00)
BONNES MARES 75cl 169.00 (159.00)
CHAMBERTIN 75cl 169.00 (159.00)

2011 was certainly a vintage with modest yields, though I expect the miserly yields of 2012 will put things in a starker focus. Above are the local offer prices for 2011 with the equivalent 2010 price in brackets afterwards – no bracket, then no price change. It seems that, Rugiens excepted, only the villages wines have escaped increases.

And while we’re on the subject of buying wine, here’s a worthwhile article. Though therein, in reference to premature oxidation, I note the following quote – I wonder how they ‘control’ that then!!!

Burgundians claim that these issues have all now been addressed. The Burgundy Wine Council now controls the amount of oxygen that enters during bottling and has issued directives about how oxygen-free bottling can best be done.
Roger Voss, Wine Enthusiast Magazine [Archived]

château de gevrey-chambertin – sold!

By billn on August 22, 2012 #the market#vines for sale

chateau de gevreyI was travelling the last days so couldn’t post the news, hence, Keith beat me to it. But the news is that the small domaine which includes Gevrey-Chambertin’s most iconic building is now sold.

Whilst that (surely) must auger for some eventual improvement in the quality of the wines, there is local angst that the efforts that they made to buy the buildings and vines for the village of Gevrey-Chambertin were thwarted at the last-minute. Locals had amassed a $5 million offer, but lost out to $8 million from a group of Chinese investors (reportedly) from Macau. I’m sure it smarts.

The headlines will shout ‘Chinese buyers’ and there will doubtlessly be some ill-thought quasi-xenophobic editorials, yet I expect the biggest shame will come from not finding that local solution…

News infos here and here.

PS: An important little bird tells me that Eric Rousseau is currently caring for those vines – that sounds a good start – no?

a new owner of the nsg clos des grandes vignes…

By billn on July 18, 2012 #the market#vines for sale

Part of the de Montille disposals to fund the purchase of the Château de Puligny; unofficially, we’ve known about the new owner for the last couple of weeks, but as the words finally trip from his own mouth, I think I’m safe enough to broadcast it 😉 Based on the numbers in the SAFER website, we can assume that with all taxes and fees paid, the final bill was about €3 million, for the only premier cru on the ‘wrong side’ of the RN74…

Just bought the 2,2 hectares of the Monopoly Nuits Saint Georges 1er cru “Clos des Grandes Vignes”. A new Monopoly for the Estate (the 3rd…after Clos du Chateau and La Romanée) and a new challenge for myself…try to make some “drinkable” white wine. Part of the Clos des Grandes Vignes (0,35 ha) is in Chardonnay!
Louis-Michel Liger-Belair

I only tasted one vintage at Château Puligny – 05 was (I think) their first vintage after the vines were acquired from the ‘dissolving’ Domaine Thomas-Moillard – that was the 2009, and I thought it excellent, the ‘villages’ cuvée seemed fine too (it’s a split vineyard with villages and 1er cru portions) but those were from barrel. I never saw Etienne’s bottles on the market. The chardonnay at the bottom of the vineyard was a ‘re-graft’ by Etienne a few years ago – it can be difficult here as the drainage is poor at the bottom of the vineyard, but Etienne had already done considerable work in the vines to allow their certification as biodynamic. 2012 will be Louis-Michel’s first harvest…

domaine maume – alive and well, despite other reports…

By billn on June 26, 2012 #the market

bertrand-maune-and-pascal-marchandWhen I previously reported on the ‘death of Domaine Maume‘, it was based on two news reports and a subsequent conversation I had with Pascal Marchand in Zürich. The reports had never mentioned Bertrand Maume, and actually he was never a subject of my chat with Pascal either – probably driven by me as I assumed Bertrand was now out of the picture – mea-culpa!

I did eventually correct myself once the current situation was confirmed to me by ‘Marchand-Tawse’ – i.e. that Bertrand remains at the domaine and that Pascal is merely delivering the benefit of his long careers in consulting and wine-making – but that correction was rather buried in the comments section of the original post. So what better way to make a correction, than to ask for a nice image of the duo together, and to publish it – so here you go – the image came to me on Monday.

Best wishes to everyone at (still!) Domaine Maume. I can’t wait to taste their first biodynamic (approach not certification) vintage (2012), assuming the mildew allows a few bunches to reach the triage table!

now there’s a thing – a new owner in montrachet…

By billn on June 15, 2012 #the market


So, following on from yesterday’s news stories, now we know how Etienne de Montille can afford to buy the Château du Puligny-Montrachet 😉 But as far as I know the Château de Puligny-Montrachet actually held 0.0428ha – that only produces a little over 200 bottles per year! – so perhaps Caroline’s decimal point slipped:
http://chateaudepuligny.com/fiche_technique.php?id=15&type=1

So that would make the whole vineyard worth €186.7 million….!

[EDIT] There you go:

Burgundy Report

Translate »

You are using an outdated browser. Please update your browser to view this website correctly: https://browsehappy.com/;