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a few links

Some links that are maybe of interest to:

We all know that’s enough now!!!

4 responses to “a few links”

  1. Joachim

    This is really depressing… But maybe we just have to wait, so after a couple of years there will a new fashion in asia, and the prices will fall again. Happened so with Cognac and Bordeaux…

    But hey, good to know that Henri Jayer is alive again! 😉

  2. Mark in Pernand

    Resurrection

    Hum. That ‘item’ really made me wince & strikes me as very poor indeed; almost unprofessional ?

    Hardly reflects well on Ditton Wine Traders or Ms Henderson. I hope someone has by now had a suitably tactful ‘word’ with her.

  3. Glenn

    Relax, Joachim – the burgundies coveted in China are still restricted to not more than a handful of producers, and arguably those are the elite A-listers that most of here will never be regularly shopping for.

    I’ve attended most of the recent auctions in HK, and while it’s true that prices have stood their ground well viz a vis Bordeaux, very few lots hit the high estimate or see active bidding – RC prices are generally flat – and the vast majority are going out for just under the UK average retail price, including buyer’s premium.

    Jayer will be a good litmus test of buyer appetite as at auctions last year it was always better bid than DRC, and more often going out over the high estimate.

    For the majority of the burgs that get mentioned here and in the forum, they remain very much a minority interest in HK, and even more so in almost all of China.

  4. Joachim

    Hm, Glenn, you sure have more insight in the asian market then me. Still, it seems to me that the increase for the Top-Domaines lifts the prices for the less known Domaines as well. Happened so with Bordeaux, it was not just Lafite which went through the roof, the Premiers and Super Seconds doubled their prices, too.

    Seems to be the same thing in Burgundy now. The 2009er prices, which were already high, are even topped by 2010. And far as I know, Burgundy prices are not so much connected with the quality of the vintage (unlike Bordeaux), so I expect mor increasing prioces for the future. (At least till the next ecoenomic crisis, which is knocking on the door anway)

    I’m kind of frustrated that I come back to the price topic again and again, instead of just enjoying&praising the wines, but my budget is limited, and so are the possibilities to buy the new vintages. I hardly buy Grand Crus anymore, instead I take 1ers (which is great stuff, but I still would like to have the choice…)

Agree? Disagree? Anything you'd like to add?

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