It is the ultimate question for Burgundy fans seeking wines for drinking – with prices of the region’s best having risen so high, where can one find value?
Wine Lister’s second Burgundy study published in collaboration with regional specialist, Jasper Morris, notes the proliferation of good value wines hailing from some of the lesser-known appellations, and even outside of the Côte d’Or (Saint-Aubin, Marsannay, Mercurey, and Pouilly-Fuissé were among those mentioned).
Below Wine Lister explores some of the wines worth snapping up from the 2019 campaign*, based on their relative value when compared with other wines in their sought-after appellations. 37 out of the 58 wines listed in charts below are white.
Chablis – a permanent alternative source for Burgundy drinking white outside of the Côte de Beaune – features heavily. Buzz brands William Fèvre and Billaud-Simon achieve multiple entries, as does the Chablis estate of Maison Albert Bichot – Long-Depaquit, and relative newcomer to the cream of the crop, Jean-Paul et Benoît Droin. This group of top Chablis achieves an average price of £52 in bond per bottle, while their Côte de Beaune counterparts cost more than 30% more for the same quality (since both groups achieve an average WL score of 93).
Among the Côte de Beaune whites, Alain Chavy’s Puligny-Montrachet Folatières, and Fontainte-Gagnard’s Chassagne-Montrachet Caillerets provide the best quality-to-price ratios, both achieving WL scores of 94, for £48 and £53 per bottle in-bond respectively. Domaine Rapet’s Corton-Charlemagne provides excellent value for Grand Cru white (considering that the appellation’s reference – Jean-François Coche-Dury – typically costs over £3,000 per bottle).
Only one Grand Cru red makes the cut in top-scorers under £100 per bottle – Georges Lignier’s Clos Saint-Denis.
In the rest of the Côte de Nuits, strong value propositions hail from Taupenot-Merme throughout, particularly its Morey-Saint-Denis La Riotte. Maison Louis Jadot and Heresztyn-Mazzini achieve multiple entries in Gevrey, and the Nuits-Saint-Georges appellation makes an appearance across three producers – Grivot, Faiveley, and Henri Gouges.
The average price difference between the reds of both Côtes is not so dramatic as for Chablis and its Beaune counterparts. Côte de Beaune reds as shown the image above reach an average price of £72, just 10% lower than the Côte de Nuits group (for the same average WL score of 92). Domaine de Montille takes three of the eight places for its Corton Clos du Roi, Volnay Taillepieds, and Pommard Pézerolles.
*N.B. prices are based on those aggregated through Wine Lister’s pricing partner, Wine Owners. Not all Burgundy 2019s have recorded prices as yet, so the above lists may well evolve over the coming weeks and months.
The end of 2020 is perhaps reason enough to pop open a bottle of champagne. With Christmas and New Year around the corner, Wine Lister has compiled a list of 21 Champagne MUST BUYs to enjoy over the last days of this year, and into 2021. Whether you have a penchant for discovering grower champagnes, or prefer to relish in those the top Grandes Maisons have to offer; whether you enjoy the purity of a Blanc de Blancs, the balance of an assemblage, or the opulence of a Blanc de Noirs, the selection of vintage champagnes below is sure to offer guidance for any preferred style.
Find out more about our 21 Champagne MUST BUYs for 2021 below.
Long-established house, Charles Heidsieck, is represented in our MUST BUY selection with two vintages of its Blanc des Millénaires – 1995 and 2004. The wine is so-named to reflect its high ageing potential, and is only created in vintages worthy of the label (since its inception, just five have been made). The 2004 achieves a WL score of 95, and is praised by Wine Lister partner critic, Jancis Robinson, as having “sheer confidence, appeal and completeness”. Earning one more WL point, the 1995 shows “just how compelling this often-overlooked vintage can be”, according to Wine Lister partner critic, Antonio Galloni (Vinous). Both vintages can be bought by the case of six in-bond from Cru World Wine.
Also the crown jewel of its own house, Perrier-Jouët’s Belle Epoque carries its own portion of history within its name, referencing the Art Nouveau movement of the early 1900s. The prestige bottling can be appreciated on the inside and out, particularly in the spectacular 2008 vintage. Wine Lister tasted it recently, and found it to have a concentrated nose of white peaches, brioche, and a hint of honeysuckle, with brilliant tension on the palate. 2008 Belle Epoque is available to purchase by the bottle from Lay & Wheeler, for £129 (in-bond).
A further two MUST BUYs hail from the boutique house, Philipponnat Clos des Goisses. The 5.5-hectare Clos de Goisses parcel is the oldest and steepest “Clos” in champagne. The 2006 and 2008 vintages of this single-vineyard cuvée both receive a WL score of 96. Jancis Robinson praises both vintages, writing that the 2006 “positively screams for attention”, while the 2008 is “explosive… like a firework on the palate”. They can both be acquired in-bond from Bordeaux Index.
Included in our 21 MUST BUY champagnes are two grower offerings lying outside of champagne’s more widely-declared vintages. Notorious for its killer heatwave, 2003 is not well-appreciated among the champenois. Bruno Paillard’s 2003 N.P.U. challenges this perception, offering a “dancing” palette of “open and floral notes” according to Jancis Robinson. Acknowledging that the vintage was hugely criticised, Paillard says that for him, “it’s a great vintage”. Another elusive grower champagne rounds off our list. Jancis Robinson hailed the 2005 Vilmart Coeur de Cuvée as “a wine to wallow in”, praising its complexity and “refreshing finish”.
Also featured in the list of 21 Champagne MUST BUYs for 2021 are: 2006 Billecart-Salmon Cuvée Elisabeth Salmon Rosé, 2008 Bollinger Grande Année, 2002 Bollinger Grande Année, 2002 Dom Pérignon P2, 1990 Krug Collection, 2004 Larmandier-Bernier Vieilles Vignes de Levant, 2000 Louis Roederer Cristal, 2009 Pierre Gimonnet et Fils Fleuron Brut Blanc de Blancs, 2006 Pol Roger Cuvée Sir Winston Churchill, 2002 Pol Roger Cuvée Sir Winston Churchill, 2006 Salon Le Mesnil, 2002 Salon Le Mesnil, 2004 Taittinger Comtes de Champagne Blanc de Blancs, and 2007 Taittinger Comtes de Champagne Rosé
As 2020 draws to a close, Wine Lister has compiled a report celebrating the top-performing wines and producers within a series of categories over the past year. Using our axes of Quality, Brand, and Economics, and the several factors that constitute these values, we have created seven leagues that paint a panoramic view of some of the world’s best wines, ranked within their areas of excellence.
Wine Lister’s 2020 Leagues include rankings of Quality Consistency (wines that show the smallest standard deviation between Quality scores over the last 20 vintages), and Biggest Movers (wines whose popularity has increased most in terms of online searches over the past year). Our team has also put together its top-10 wines per Wine Lister Indicator, revealing our recommendations for Hidden Gems, Value Picks, Buzz Brands, and Investment Staples.
We end the Leagues with a list of 21 Ultimate MUST BUYs for 2021, compiling a selection of MUST BUY highlights hand-picked by our fine wine experts, that offer an impressive addition to any fine wine portfolio in 2021. These are some of the picks that would feature in Wine Lister’s “fantasy cellar”.
Download your free copy of Wine Lister’s 2020 Leagues here.
If ever there is a time for claret, it’s Christmas. While Bordeaux generally provides excellent quality for its prices relative to other regions all year round, it is an especially good source for festive bottles with a bit of age. Below Wine Lister offers one MUST BUY under £100 per Bordeaux appellation – a selection that promises to please with your Christmas meal.
Aside from its lustrous gold label providing an appropriate centrepiece to any festive feast, d’Issan 2009 offers good value for its appellation, earning a WL score of 93 at £56 per bottle (in-bond). Château owner, Emmanuel Cruse, is also the “Grand Maître” of the Commanderie du Bontemps – a Bordeaux organisation uniting trade members in the preservation of Bordeaux’s excellent quality reputation. D’Issan embodies the values of its maker, exemplifying the traditional claret style with added Margaux elegance. It is available to purchase by the case of 12 from Nickolls and Perks.
Pauillac powerhouse Pichon-Baron 2008 is described by Wine Lister partner critic, Neal Martin (Vinous), as one of the property’s “overachievers in recent years”. Often noted for being one of the most concentrated wines of the vintage in its appellation and beyond, Martin writes that the 2008 is “full of tension and energy […] delivering real brightness and vivacity on the finish”. At £90 per bottle (in-bond), it is the most expensive wine featured in this article, however, its Second Growth status and an abundance of critics’ praise make it worthy of consideration. Pichon-Baron 2008 can be acquired by the case from Lay & Wheeler.
A top-quality substitute to some of Haut-Bailly’s more costly back vintages, the 2012 achieves the property’s second-best WL score ever, as well as second place for quality among Pessac-Léognan reds for the vintage. Wine Lister partner critic, Antonio Galloni (Vinous), states that “the decision to lower temperatures in fermentation and go for a soft, gentle extraction, along with strict selection has paid off big time” in 2012, revealing notes of “dark raspberries, mint, crushed flowers, spices and rose petals”. Haut-Bailly 2012 is just entering its drinking window, and can be bought from Cru Wine.
Finding value on Bordeaux’s right bank can be trickier, particularly in Pomerol. Le Gay 2012 nonetheless offers excellent quality (WL 94) for the relatively reasonable price of £61 per bottle (in-bond). Wine Lister partner critic, Jancis Robinson, notes that it reaps “real Pomerol reward in terms of concentration”, offering a “very well-integrated nose […] sweet and focused”. In neighbouring Saint-Emilion, Larcis-Ducasse 2010 is described as “simply stunning” by Antonio Galloni, who notes “violet, lavender, graphite and menthol” that “give the 2010 its energy and tension”. It gains a WL score of 94, at £87 per bottle (in-bond). Both of these right bank picks can be purchased from Cult Wines.
Achieving Value Pick status, Saint-Estèphe’s Meyney 2015 has a WL score of 93 at £25 per bottle (in-bond), providing a veritable steal for your Christmas meal. After sampling at the annual Southwold Bordeaux tasting, Neal Martin writes that it “was the shock of this blind tasting – in a positive sense […] I thought it might be Montrose but it turned out to be Meyney. Chapeau!” Though the 2015 could benefit from a few more years of ageing, it is a brilliant gift option for your more patient guests, and can be acquired from Goedhuis & Co.
Saint-Julien star, Branaire-Ducru’s 2010 vintage was described as “dancing” by Jancis Robinson. Neal Martin’s tasting note suggests a wine of complexity: “a lovely mélange of red and black fruit, hints of dried blood and autumn leaves suggesting that this is moving into its secondary phase”. With a WL score of 93, Branaire-Ducru 2010 can be purchased by the case of 12 from Farr Vintners for £52.50 per bottle (in-bond).
For a sweet end to your Christmas meal, Wine Lister suggests Doisy-Védrines 1989. With 30 years of ageing under its belt, it achieves a WL score of 94 – the château’s highest ever. It is described by Neal Martin as boasting “a captivating bouquet of gorgeous wild honey, Seville orange marmalade, fig jam and light lemongrass scents”. He adds, “it is simply everything you desire in a sweet Bordeaux”. Purchase Doisy-Védrines 1989 by the bottle from Hedonism Wines for £62.80 (in-bond).
The first of the Burgundy 2019 en primeur releases began this month, reigniting conversation of last year’s growing season, and its subsequent offerings. Wine Lister has spoken to several key Burgundy producers, and has sampled the 2019s from leading négociant, Louis Jadot, to get a better picture of this promising vintage.
Burgundy’s 2019 growing season was marked by a notably hot and dry summer, resulting in wines of extreme concentration. Due to a combination of spring frost, uneven flowering, and summer drought across many sites, yields in 2019 are significantly lower than average.
A line-up from Louis Jadot’s 2019 en primeur tasting, organised by Hatch Mansfield at Vagabond, Monument on the 3rd of November 2020
Sourcing grapes from across the region, including its own holdings in some of Burgundy’s most prized plots (e.g. Chapelle Chambertin, Clos Vougeot, and Vosne-Romanée), Louis Jadot’s production in 2019 is down 50% for Chardonnay, and 30% for Pinot Noir. A cool and windy spring caused millerandage across Jadot’s sites, leading to many of the smaller, unripe berries being discarded. Warm temperatures in 2019 meant that grapes had high natural sugar levels, and correspondingly high alcohol across the region. Deputy General Manager, Thibault Gagey, tells us that several Louis Jadot wines are approaching 14 degrees in 2019, however, they nonetheless offer “good acidity, so they are powerful but balanced”, and there “isn’t a feeling of high alcohol”.
Wine Lister agrees whole-heartedly, and was particularly impressed by the quality of the whites. The Chablis Blanchot was “pure and lithe with an already-sumptuous texture”, while the Chassagne Montrachet Morgeot Clos de la Chapelle offered a delightful nose of “honey, truffle, and brioche”, with “rich citrus” on the palate. For reds, Wine Lister enjoyed the “complex and earth-toned” Clos Saint-Denis, and the “powerful but poised” Gevrey-Chambertin Clos Saint-Jacques. Gagey informs us that he is indeed “very proud of the 2019s”, and is “confident that it will be a good vintage”.
Across the Côte de Beaune, harvests were small in 2019. Arnaud Ente tells us that his namesake domaine saw “a spell of spring frost”, which caused significant damage and loss of yield, and “uneven weather patterns during flowering”, caused coulure and millerandage. The summer was mostly hot and dry, causing hydraulic stress to the vines, but “20-30mm of rainfall in late August” helped to unblock phenolic maturation, and allow the grapes to reach “impressive levels of maturity while maintaining good sugar levels, and also a very lovely acidity”. Ente notes that his 2019s have achieved “extraordinary balance, due to the acidity in the grapes developing slowly”. The vintage is of “enormous potential”, if down 20% on an average year in terms of volume.
Domaine Jean-Noël Gagnard similarly experienced significant frost in 2019; the principal cause of its small harvest. Winemaker Caroline Lestimé echoes the experience of “millerandage followed by hydraulic stress on the vines during the summer drought”, resulting in “small, but thankfully exceedingly concentrated berries”. Due to the two extremes of conditions throughout the season, Lestimé analysed the sugar / acid balance frequently near to harvest, so as to pick the optimum window for picking. Once again, quality here is likely a triumph, but Lestimé adds that “Jean-Noël Gagnard has not seen such a small harvest since 1999”.
Guillaume d’Angerville tells us that in Volnay, “frost risk was on everyone’s mind”, however, “dry and windy conditions helped to avoid frost damage” across Marquis d’Angerville’s plots. Water and heat stress in summer was a problem here too, “stopping the plant’s evolution, and veraison was delayed as a result”. He similarly explains that “selecting the correct harvest date proved difficult”, in part due to the “heterogenous grape maturation”, however in the end, “the entire range benefitted from the perfect maturity of the grapes”, despite yields being down 20-30% on the average year. He tells us that his 2019s are “succulent and full of energy”, without being “jammy” from such a hot year, and therefore providing “another successful vintage ending in 9”.
Akin to Louis Jadot, Winemaker Jean-Nicolas Méo tells us that Méo-Camuzet’s 2019s are “well-ripened”, with “fairly high alcohol levels, around 14 degrees”. He states that there is nonetheless “a nice acidity to start”, which provides the wines “a good freshness and a certain structure”, as well as lengthy ageing capacity. Echoing d’Angerville’s sentiment on the success of 9s, Méo foresees “an evolution of this vintage like the 2009: rich and greedy at first, then gradually closing, to emerge in a decade more tense and structured than suggested today”.
Despite the significantly reduced volumes in 2019, the quality of Burgundy’s latest vintage release clearly suggests a long and promising future ahead. The combination of these two factors will surely see demand outweigh supply for en primeur once again. For more guidance on buying Burgundy 2019 en primeur, and essential analysis to inform your wider Burgundy investment decisions, purchase our in-depth Burgundy study here.
Wine Lister’s recent in-depth Burgundy study considers the much-contended topic of the region’s rising prices, providing additional information for those planning on purchasing Burgundy 2019 en primeur over the coming months.
Below we examine the current distribution of prices of the 175 wines featured in the study, compared to the same wines two years ago. While 5% of wines were priced above £3,000 two years ago, a substantial 11% are today.
The graph above reveals a significant shift towards the higher end of the price scale, with multiple Burgundy wines previously priced between £1,900 and £2,700 now over £3,000. This comprises Comte Liger-Belair La Romanée, d’Auvenay’s Mazis-Chambertin and Bonnes-Mares, Domaine de la Romanée-Conti La Tâche, Jean-François Coche-Dury Corton-Charlemagne, and Leroy’s Richebourg, Romanée-Saint-Vivant, Clos de la Roche, Corton-Charlemagne, and Latricières-Chambertin.
Alongside the figures, feeling from Wine Lister’s recent Founding Member survey confirmed that Burgundy’s seemingly boundless prices are a concern, with over half of respondents voicing apprehensions on the topic. The most common sentiment is nonetheless that little will change for wines at the very top end, and that their prices will continue to climb, as demand continues to outweigh supply significantly. One specialist merchant in the Asian market informed us that they indeed foresee “Burgundy prices heading higher at the top end”, and that they “don’t see demand slowing despite the economic issues.”
The polarised prices illustrated in the graph are echoed by the trade, who cite a phenomenon of divergence between the top-end wines, and those at mid-range or entry-level. One respondent noted “an oversupply of generic and village Burgundy”, with another predicting that “when the smoke clears, all that remains will be Bourgogne Rouge/Blanc and the crown jewels, with no market in between”.
Despite the geopolitical context of the past two years, the buzz surrounding Burgundy remains strong, and competition will be hot for accessing the best wines of the 2019 vintage, particularly given its reduced production volume.
Visit the Analysis page to purchase Wine Lister’s in-depth 2020 Burgundy study, or download it using your Pro subscription here (available in both English and French).
Before the bulk of Burgundy en primeur 2019s are released onto the market, Wine Lister has published its second in-depth Burgundy study.
Below we explore the complex relationship between the region’s price performance and its popularity growth over the past two years, informing your investment decisions over the coming months.
The two-year price performance of a basket of 175 Burgundy wines (the same wines featured in our previous study on the region in 2018), based on the last 30 vintages. Price data partner: Wine Owners.
As shown in the chart above, Chambolle and its surrounding sites lead in the price performance of Burgundy Grand Crus, followed by wines hailing from its northerly neighbour, Morey-Saint-Denis. The notorious sub-set of Grand Crus from around Vosne – home of legendary Richebourg, La Tâche, Echezeaux, and Romanée-Conti – has seen slower price performance, which is matched with lower popularity growth (see below).
The two-year popularity growth of each Burgundy subset. Popularity data partner: Wine-Searcher.
Though Chambolle and its surrounding Grand Crus have excelled in two-year price growth, consumer interest in the wines of this subset increased the least. Following similarly this opposing relationship between the two data sets, Nuits-Saint-Georges / Vosne Premiers Crus and Village wines gained the most popularity over the last two years by a large margin, while the subset’s price performance trails behind in last place.
A growing interest in lower-priced wines from Burgundy is further explored through trends identified by key members of the international fine wine trade in Wine Lister’s report. Producers such as Arnoux-Lachaux and Georges Mugneret-Gibourg are well worth looking out for when buying Burgundy en primeur for drinking in several years’ time.
Visit the Analysis page to purchase Wine Lister’s in-depth 2020 Burgundy study, or download it using your Pro subscription here (available in both English and French).
Burgundy prices continue to rise, and top wines are becoming ever-harder to access – but must what goes up really come down?
Wine Lister has published its second in-depth Burgundy report, with contribution from partner critic and leading Burgundy expert, Jasper Morris. With insights from key fine wine trade players from across the globe, the report investigates the state of Burgundy compared to other major fine wine regions, and discusses projections for its future performance.
Please see our key findings below:
You can download the study digest in English here: Wine Lister Burgundy Study Digest 2020 or French here: Wine Lister Étude Bourgogne 2020 – Résultats Clés. The full report can be purchased on our Analysis page, while Pro subscribers can access their free copy here.
Taittinger Comtes de Champagne 2008 was released yesterday (1st October) at c.£89 (per bottle in-bond), marking one of the last 2008s from the “Grandes Maisons” to enter the market. The release has reignited discussion on the success of the vintage in Champagne, which has been declared one of the best of the decade along with 2002. Below we investigate top 2008s, and where the latest addition from Taittinger fits within them.
Characterised by a consistent, dry, and cool growing season, climatic conditions in 2008 encouraged slow veraison across Champagne, which enabled grapes to achieve their full phenolic maturity while retaining acidity. The combination of both gives the vintage considerable ageing potential, and unyielding structural integrity.
As illustrated above, the top 10 2008 champagnes by WL score exhibit impressive quality, with the top three wines gaining scores of 97 and above. This has not been achieved in the past four vintages, with Krug Brut Vintage 2003 being the most recent back vintage of a champagne to achieve a WL score of 97. Indeed, the top 10 champagnes gain an average WL score of 95.8 in 2008, compared to an average of 94.6 across the top 10 champagnes from the previous vintage.
The newest addition to the top 10 haul, Taittinger Comtes 2008 shows good value within the wider context of the vintage, despite entering the market at a 26% premium on the current market price of its 2007 vintage. While achieving the same WL score as MUST BUY Philipponat Clos des Goisses 2008 (96), Taittinger’s latest release is available for 34% less, (£89 vs. £135 per bottle in-bond). Similarly, it achieves one more WL point than Bollinger Grand Année 2008 (available for £85 per bottle in-bond), for a very slight premium.
Wine Lister partner critic, Antonio Galloni awards Taittinger Comtes de Champagne 2008 98+ points, stating it “is simply breathtaking” and “represents the purest essence of the Côtes des Blancs in a great, historic vintage”. He concludes, “readers who can find the 2008 should not hesitate”.
Taittinger Comtes de Champagne is historically one of the top 10 most liquid champagne brands, giving it further investment appeal. Additionally, Taittinger announced that it has not produced any 2009, 2010, or 2011 Comtes de Champagne, due to poor weather conditions during these years – a fact that may well increase interest in this latest release.
Also featured in the list of top 10 2008 Champagnes by WL score are: Salon Le Mesnil, Cristal, Dom Pérignon Vintage Brut, Marc Hébrart Spécial Club Millésimé, Joseph Perrier Cuvée Josephine, De Sousa Cuvée des Caudalies, and Pol Roger Cuvée Sir Winston Churchill.
Amid the flurry of releases from La Place de Bordeaux during September, an exciting development is said to be afoot from a wine grown on home turf.
We understand that Lafite 2018 – released last spring en primeur and currently still only available to purchase as such – will be bottled next year in special, 150 year anniversary bottles, complete with one-off anniversary labels.
The current average market price of Lafite 2018 is £533 per bottle (in-bond)*. Special bottlings typically induce significant price rises, particularly for Bordeaux first growths.
Mouton 2000’s special, gold-engraved bottle is priced almost four times higher than the average of Mouton’s recent back vintages (£1,558 vs. £398).
Similarly, the price of Margaux 2015, whose special bottle features a black label in memory of its winemaker, the late Paul Pontallier, has risen 64% since the commemorative bottling was announced.
Prices of any remaining Lafite 2018 in the global marketplace are therefore poised to increase between now and the actual bottling of the wine, at which time we understand a small parcel of further, physical stock could be released by the château (presumably at a sizeable premium).
Lafite 2018 is currently an absolute MUST BUY.
*on date of publication, Thursday 17th September 2020