Italy 2020: a hopeful harvest

“Finché c’è vino c’è speranza” – As long as there is wine, there is hope.

Never before have Italian winegrowers been able to dedicate as much time to the care of their vineyards as in 2020. The Consorzio Vino Chianti Classico and several further Tuscan producers cite this silver lining to Covid restrictions, and they suspect it will reveal itself in the wine to come. In a year that has caused tribulation across the world, news of Italy’s promising 2020 harvest is certainly welcomed. Wine Lister has spoken to several Italian estates, which reportedly yielded high-quality grapes across the board. While regions – Piedmont and Tuscany – had their respective weather nuances, the general consensus suggests that growing season conditions were balanced, with no mention of hail or storms.

In Montalcino, the Mastrojanni team explained that lockdown prompted improved vineyard inspection in 2020: “[people] couldn’t work indoors in their offices, so the vines received the utmost attention”. They report a “very good harvest” this year, comparing it to the high-scoring 2013. Despite two short heatwaves in July and August, the estate had a mild summer overall, thanks to cooling winds that flow through the Amiata Valley in which its vineyards are situated.

On the other side of Montalcino, Cinelli Colombini reported frost during budburst, which limited the number of grape clusters in 2020. Several other Tuscan producers spoke of reduced volumes due to the cold start to spring (Fattoria Le Pupille’s 2020 yield is 20% lower than last year). Cinelli Colombini’s Brunello grape harvest was nonetheless of “excellent quality”, and despite it being hard to “shine after a masterpiece of a vintage like 2019”, the team believes it will be “difficult to exclude it from being among the best five vintages of the last 20 years”.

All hands on deck: the 2020 Brunello harvest at Montalcino’s Cinelli Colombini

In Chianti, Castello di Monsanto began picking its Chardonnay grapes on 8th September, and collected its final Sangiovese on 10th October. Third-generation owner, Laura Bianchi, informed us that their spring was mild, with enough rain to create a “perfect” reserve of water for the vines. After the hot and dry August, a wet start to September helped to regulate maturation – a common theme throughout Tuscany in 2020. The grapes thus developed a “great balance of sugar, pH, and phenolic maturation”, and the first fermentation already suggests a vintage of “great personality, rich tannins, and beautiful acidity”. Further east, Vecchie Terre di Montefili started picking on 29th September – late in comparison to other producers, but normal, the team explains, for their vineyards, which lie 500 metres above sea level (and therefore require a longer maturation period).

Less than an hour away, Brancaia finished its harvest on 30th September (having started on the 3rd week of August). The team tells us that they were forced to harvest their Sangiovese quickly before heavy rain arrived, but that they were lucky that the grapes were “the perfect grade of ripeness”. In contrast, IPSUS owner, Giovanni Mazzei, explains that he and winemaker Gionata Pulignani decided to wait until after the extra rain in September before starting the harvest, “to guarantee more balance, extra aromatics, and temper the alcohol content”. In doing so, the hot and dry summer was counterbalanced; Mazzei states that he could indeed “classify the [2020] as a good compromise between cooler and hotter vintages”.

In coastal Maremma, owner and Production Manager at Fattoria Le Pupille, Ettore Rizzi, tells us that 2020 saw a significant threat of powdery mildew across its vines, especially in the thin-skinned varieties of Sangiovese, Ciliegiolo, and Syrah. He states that they nonetheless managed to trim the affected bunches and stem the problem, while their Merlot and Cabernet vines also “gave us some incredible fruit”. According to Rizzi, “the word that can best describe the 2020 vintage is concentration” – a consequence of the high temperatures in July and August.

“The final quality of the grapes was really good” – Fattoria Le Pupille’s 2020 Syrah grapes

In Bolgheri, Ornellaia’s Estate Director, Axel Heinz, declared that their 2020 vintage is “shaping up to be one to remember as a great year”. The property saw “textbook perfect conditions until the end of May”, while June saw a lot of rainfall that “accelerated vine growth”, and required lots of work in the vineyard to keep the canopies under control. Summer saw hot and dry conditions, while rain arrived in the last days of August to alleviate drought stress and lower temperatures, encouraging a more even ripening at the last moment. While an unexpected mid-September heatwave made it necessary to pick all three red varieties – Cabernet Franc, Cabernet Sauvignon, and Petit Verdot – simultaneously at speed, Heinz notes that they nonetheless look “very promising in a rich and structured style”.

Moving up to Piedmont, fifth-generation of the esteemed Gaja family, Giovanni Gaja, tells us that they are so far “optimistic” about the 2020 vintage, despite it being early days to evaluate the exact character of the grapes. Their Barbaresco plots witnessed a moderate July, followed by a warm August that was similarly alleviated by rain towards the end of the month. While they required extra efforts to prevent mildew attacks, the final picked grapes appear “very healthy”.

While 2020 has caused much uncertainty, the recent harvest suggests that there is  definitely hope for some excellent wine to come from this year, and we look forward to finding out for ourselves in the future.


New Wine Lister MUST BUYs

Wine Lister’s latest MUST BUY update identified 38 new wines that show quality and value within their respective vintages and appellations, and wide praise from the international trade. To help you discover these new picks, this week’s blog takes a deep dive into the latest MUST BUY wines and their geographical composition.

Pinot Noir picks

Burgundy dominates the new MUST BUY hoard with 13 entries, including eight reds. The perfect pick for an opulent occasion, the 1978 Romanée-Conti Richebourg costs £1,434 per bottle (in-bond), and was described by Wine Lister partner critic, Jancis Robinson, as “very long with smoothness, sweetness and unctuousness”. Sharing its WL score of 96, the 2010 Volnay Clos des Ducs from the Côte de Beaune’s red producer of reference, Marquis d’Angerville, provides a more affordable option at £250 per bottle (in-bond), but may merit a little patience.

Outside of Pinot Noir’s original homeland are some new MUST BUYs of brilliant quality and impressive value for money. California’s 2016 Au Bon Climat Isabelle Pinot Noir has a WL score of 94, and was described by Wine Lister partner critic, Antonio Galloni, as “racy, perfumed and beautifully layered”, with notes of “orange peel, tobacco, blood orange, spice, star anise and new oak” throughout. It can be purchased for less than five times the price of the aforementioned Volnay, by the case of six for £262 (in-bond) from Jeroboams.

Travelling north within the US brings us to Oregon’s latest MUST BUY entry – the 2016 Cristom Louise Vineyard Pinot Noir. While more expensive than its Californian counterpart for the same WL score, Cristom’s position as the leading producer in the Willamette Valley, alongside its closer proximity to Burgundy’s cool-climate restrained style, makes it more than worth the c.35% premium. It is available to purchase for c.£60 per bottle (in-bond) from WineBuyers.com.

The best of Bordeaux blends

Bordeaux offers seven new MUST BUYs this week, including two Left Bank Value picks; 2019 Haut-Bages Libéral and 2015 Capbern. With a WL score of 92, the former addition was released en primeur two months ago, and described by James Lawther for JancisRobinson.com as, “busy and expressive on the nose with vineyard-fresh dark fruit, black-olive and mineral notes”. Labelled by Lawther as the “best in recent years”, this gem from Bordeaux’s prominent promotors of biodynamic viticulture, Gonzague and Claire Lurton, has a bright future ahead. It can still be bought en primeur through Justerini & Brooks for £142.50 per six (in-bond).

The 2010 Vieux Château Certan also appears in the latest MUST BUY update, 10 years on from the iconic vintage. It provides a more lavish option for the Bordeaux buyer, receiving a WL score of 96 at £216 per bottle (in-bond). Moving across the border into Tuscany, the 2010 Sassicaia also offers a more luxurious alternative to the Bordeaux blend. Comprising of 85% Cabernet Sauvignon and 15% Cabernet Franc, it was described by Antonio Galloni as, “just beginning to show the first signs of aromatic development”, including hints of “sweet tobacco, mint, pine, dried cherries and licorice”. It achieves a WL score of 95, and is available to purchase by the case of six for £915 from Goedhuis & Co.

Choosing Chardonnay

Back to Burgundy, and the new white MUST BUYs this week offer opulence from three iconic Meursault producers; 2015 Roulot Charmes, 2010 Comtes Lafon Genevrières, and 2017 Arnaud Ente Les Petits Charrons are all exceptional choices, albeit for an average price of £492 per bottle (in-bond). Further north, two entries hail from Chablis, and the appellation’s original historic vineyard, Les Clos; 2014 Laroche Les Clos, and 2010 Christian Moreau Père et Fils Les Clos. For those who enjoy a more pure, lean, and mineral style of white wine, the Chablis MUST BUYs exhibit notable value within their appellation and achieve higher WL scores than their buttery Meursault counterparts. The latter can be bought by the case of 12 from Cru World Wine for £871 (in-bond).

California’s latest white MUST BUY hails from Kistler Vineyard; a cult producer known for its emulation of pure and balanced Burgundian Chardonnays, over the rich and oaky Californian style. The 2017 Kistler Vineyards Dutton Ranch Chardonnay achieves a WL score of 96, and is labelled by Antonio Galloni as “such an intriguing wine because of the way it is airy and lifted and yet also so deep in feel”. Providing a less expensive alternative to Côte d’Or whites, it is priced at £133 per bottle (in-bond).

Also featured in the list of new MUST BUYs are: 2009 Abreu Madrona Ranch Cabernet Sauvignon, 1989 Bollinger Grande Année, 1996 Bruno Clair Chambertin Clos de Bèze, 2006 Cavallotto Barolo Vignolo Riserva, 2013 Ceretto Barolo Brunate, 2012 Conti Costanti Brunello di Montalcino Riserva, 1996 Dunn Vineyards Howell Mountain Cabernet Sauvignon, 2014 Duroché Chambertin Clos de Bèze, 2017 Georges Mugneret-Gibourg Clos de Vougeot, 2012 Jacques-Frédéric Mugnier Chambolle-Musigny Les Amoureuses, 2014 Jean Grivot Richebourg, 2010 Jim Barry The Armagh Shiraz, 2017 Joseph Drouhin Chambolle-Musigny Les Amoureuses, 1996 Lafite Rothschild, 2008 Lafleur, 2016 Le Macchiole Paleo Rosso, 2016 l’Evangile, 2006 Louis Roederer Cristal Rosé, 2018 Marc Sorrel Hermitage, 2013 M. Chapoutier Hermitage Ermitage Blanc De l’Orée, 2016 M. Chapoutier Hermitage Ermitage Le Méal, 2012 Roagna Barbaresco Pajè Vecchie Viti, 2016 Valandraud, and 2009 Vincent Paris Cornas La Geynale.


Investing in Italy – top five Brunello by Economics score

With our founder, Ella Lister, just back from tasting the latest releases at Benvenuto Brunello in Montalcino, we thought we’d dig deeper into the data behind the appellation’s top wines. The pyramid system in the region means that most producers make at least three wines: in the middle, a Brunello di Montalcino DOCG Annata (or “vintage”); in good years, a Riserva (with longer ageing but also nearly always the best selection of grapes from the estate); and at the bottom of the pyramid, a Rosso di Montalcino DOC, producing fresher, approachable wines requiring less ageing.

This allows, and indeed encourages, a healthy level of selection in the region. At last weekend’s event, the vintages on show were 2013 Brunello Riserva (excellent), 2014 Brunello Annata (a tricky vintage, with some producers declassifying to Rosso di Montalcino), and Rosso di Montalcino 2017. There is also a trend in the Brunello DOCG towards vineyard-specific crus, such as Casanova di Neri’s Tenuta Nuova or Il Marroneto’s Madonna delle Grazie, both of which feature in this week’s top five: top Brunellos by Economics score.

When examining the economic profile of Brunello wines, we see that Riservas tend to have higher Economics scores than Annatas, in line with their higher Quality scores. The best-performing Brunello by Economics score is Biondi Santi’s Brunello di Montalcino Riserva, with a score of 902. It earns the number one spot of this week’s top five with the highest price at £315 per bottle in-bond, and annual auction trading volumes of 458 bottles. The wine also outperforms the rest of the group for both Brand and Quality scores (904 and 938 respectively).

While Riservas are strong economically speaking, Annatas often have stronger Brand scores than their longer-aged counterparts, being produced in larger quantities and thus achieving greater visibility. In second place is Valdicava’s Brunello di Montalcino Madonna Piano Riserva, with an Economics score of 892, whereas its straight Brunello has a Brand score 57 points above its “big” brother, an example of the potential branding conundrum surrounding Brunello and other parts of Tuscany with a Riserva denomination. Nonetheless, the Riserva shows better price performance, with a compound annual growth rate (CAGR) of 15.2%, and an average of 257 bottles sold at auction annually.

Specific “crus” can also perform better than their straight Brunello Annatas in economic terms. In third place is Casanova di Neri’s Brunello di Montalcino Tenuta Nuova with an Economics score of 865. Despite having the lowest Quality score (841) and lowest price (£70) of the group, it earns this week’s second-highest Brand score (887).

In fourth place is Il Marroneto’s Brunello di Montalcino Madonna delle Grazie, the winery’s top cru, produced from grapes grown around the historic chestnut flour store house, and below the church by the same name. It has an Economics score of 847, benefitting from by far the best long-term price performance of this week’s top five, with a compound annual growth rate (CAGR) of 22.9%. Moreover, it sits just one point shy of this week’s number one in Quality terms (937) at 40% of the price – £130.

Rounding out the group is Poggio di Sotto’s Brunello, with an Economics score of 815.

While Super-Tuscans have been recognised for their investment potential for some time, Brunello still sits rather in the shadow of its Bordeaux-blend brothers. In Wine Lister’s first Tuscany market study, conducted in 2017, Brunello held nine places out of the top 25 Tuscan Economics scores. Today that number has increased to 14, as Brunello – Montalcino’s very own, highly ageworthy selection of the Sangiovese grape – goes from strength to strength.


Restaurant presence: Italy in deep

Last week we revealed the top 20 gainers in presence in the world’s best restaurants over the past 12 months. That was in terms of breadth, i.e. the number of restaurants in which a wine features. Wine Lister also analyses the depth of presence – the range of vintages and/or bottle formats of each wine therein. Here we look at the top 21 wines achieving the largest increases in restaurant presence depth since last year.

In first place, with an impressive 35 additional vintages and/or bottle formats listed across the world’s 150 best restaurants since this time last year, is Vega-Sicilia’s Unico. This brings its total references to 250 (almost three and a half in each of the 71 lists in which it features). Given Unico’s average drinking life span of 13 years, and its reputation for longevity (an Unico vertical tasting is an opportunity not to be missed), this result is hardly surprising. Its strong restaurant presence is matched by online popularity (Unico is the 33rd most-searched-for wine in our database), resulting in a Brand score of 992 – the best of any Spanish wine on Wine Lister.

Though Spain takes the number one spot, Italy is the overall biggest mover in increased depth of representation, claiming 12 out of the 21 places shown on the chart below.

Ornellaia is among these, and is also the most thoroughly represented wine of the group, with 280 vintages and/or bottle formats featured across 43% of the world’s best restaurants.

Several others – Cerbaiona Brunello, Dal Forno Romano Valpolicella Superiore, Ca’ del Bosco Cuvée Annamaria Clementi, and Domenico Clerico Barolo Ciabot Mentin – feature in the top gainers for horizontal as well as vertical presence in the world’s best restaurants. The latter is one of five Barolos to feature in the chart above, joined by Parusso Barolo BussiaBartolo Mascarello’s Barolo, Giuseppe Mascarello e Figlio Barolo Monprivato, and finally, Rocche Dei Manzoni Barolo Big’d Big, which sees the biggest increase in vertical presence of the whole group. Despite a horizontal representation increase of just 1%, the number of vintages and/or bottle formats listed across the 3% of the world’s best restaurants in which it features has grown from two to 19 in the last 12 months (or in other words, by 850%).

Outside Italy, the overall picture of restaurant presence depth somewhat contradicts that of breadth painted last week. Though Champagnes, and in particular grower offerings, have increased significantly in terms of horizontal presence, their vintage and/or format gains have not been sufficient to make this week’s top 20. This suggests that whilst sommeliers are keen to add more variety of Champagne, they aren’t so worried about listing reams of vintages / formats thereof. Only one Champagne features in the group: Philipponnat’s Clos des Goisses.

Bordeaux is conspicuous by its absence in this list, other than Château Clarke, with 26 overall references up from just four. In fact, Bordeaux’s big names are more likely to find themselves at the very bottom of the list, many having seen their vertical entries on restaurant wine lists shrink significantly. This seems to suggest that as restaurants diversify, they are choosing to hold less Bordeaux stock, still listing the top wines, but not necessarily in multiple vintages or formats.


2018: a super Tuscan vintage?

The 2018 will be a five-star vintage for Chianti Classico wines according to Giovanni Manetti, newly-elected president of the appellation’s Consorzio. The growing season was “very regular”, with no extreme weather events, and normal picking times. Thanks to healthy grapes, ripe yet fresh, Manetti believes the vintage will be characterised by “harmony”. The DOCG appellation is set to produce c.270,000 hectolitres, back to normal production levels after a less abundant 2017.

On Monday 24th September at Fontodi, Manetti’s winery in Panzano, harvest was well underway. It had not rained for 22 days, and the ground was dusty. However, Manetti explained that in Panzano, while hot, temperatures had not risen above 36˚C, and that nights had been cool. At Castello di Fonterutoli, 15km further south, Giovanni Mazzei confirmed the heat had been nothing on 2015, when temperatures rose above 45˚C.

Quality control at Fontodi’s sorting tables in Chianti Classico

However, Mazzei was somewhat less sanguine about the 2018, citing humid mornings as a challenge. Having picked one third of the estate’s production by Monday, the next fortnight will be a race against rot. Mazzei predicts the vintage might fall between the opulent 2015s and the structured 2016s in terms of quality and style.

Towards the coast, in Bolgheri, the Merlot harvest is almost finished, and “the fermenting wines are silky and fragrant,” according to Axel Heinz, Estate Director at both Ornellaia and Masseto. Heinz is grateful for “excellent conditions during September with sunny and mostly dry weather, occasionally hot day temperatures but cool nights”. In Bolgheri, “mildew and humidity have been challenging,” he states, ”but we were able to bring healthy fruit to full ripeness,” recounts Heinz, who says yields in 2018 are normal. He predicts “a more delicate vintage, like 2013.”

Moving down the coast, in the Maremma, Elisabetta Geppetti, owner of Fattoria Le Pupille, spoke of regular climatic conditions leading to “a good year”. The first lot of Merlot for Geppetti’s flagship wine Saffredi is already vinified, and, she says, “marvellous”. She is delighted with her Cabernet Sauvignon too, and relayed the view of Le Pupille’s consultant oenologist Luca d’Attoma, that the grape has thrived throughout the whole southern part of Tuscany. Meanwhile Sangiovese has ripened less evenly.

Back inland, in Sangiovese’s heartland, Montalcino, the picture is less clear cut, due to excessive rain in spring and early summer. “Winemakers had not seen this kind of weather since the nineties,” explained Giacomo Pondini, Director of the Brunello di Montalcino Consorzio.

There has been “too much humidity in the air”, according to Gianfranco Soldera, with an “almost tropical” summer (a similar story to the picture recounted in our Bordeaux harvest report). At Case Basse, Soldera’s cult winery, 2018 has been “a year of suffering”, with mildew, oidium, and “mould in general”. To combat this, a team of 20 people has been combing the vineyard removing bunches non-stop since June.

Remaining bunches after extreme selection at Soldera’s Case Basse in Montalcino

Unlike in 1989, the only year when Soldera didn’t make a wine because of too much rain, he was “ready for the challenge” this time round, and believes he will still make a great wine in 2018, albeit in very small quantities. For Soldera, rain is the enemy of vine-growing, and he rejoiced in the exceptionally dry growing season of 2017, “a year of fun”, where the vines drank mineral-rich water from the ground. Incidentally, the 2017, tasted (or rather drunk – as spitting is banned at Case Basse) from its Garbellotto cask, is incredible: alluring, alive, pure, and long.

The owner of neighbouring wineries Caparzo and Altesino, Elisabetta Gnudi puts 2018 somewhere between a four- and five-star vintage. To absorb the humidity, her team used clay dust on the vines, “like using baby powder,” she explained. Again echoing the story in Bordeaux, she reckons that “true organic vineyards haven’t harvested a single grape this year.”

At Argiano, Sales Manager Riccardo Bogi also described a less plain-sailing vintage than in Chianti. On top of the heavy rain, a hailstorm in July wiped out 25% of the crop in some vineyards. However, positioned high up on the hill of Argiano, wind in August meant the winery was able to counter rot with copper and sulphur, although the “agronomist didn’t get a vacation”, quipped Bogi. Like Heinz in Bolgheri, he expects 2018 to share characteristics with the elegant 2013s, saying they won’t have intense colour or structure.

There was a dramatic change in the weather on Monday, with temperatures dropping and strong winds picking up, which lasted throughout our three-day visit. While half of the appellation’s Sangiovese has already been harvested, and wineries are “happy with the quality,” Pondini hopes that, “the other half may benefit from this sunny, cool, windy week”.


Listed: Italy’s top five Buzz Brands by Wine Lister score

Buzz Brands are wines that are sure to turn heads, destined to cause a stir whenever they are opened. They combine excellence across Wine Lister’s two Brand criteria – restaurant presence and online popularity – whilst also being held in the highest regard by the fine wine trade – as confirmed by Wine Lister’s Founding Members’ survey which gathers the opinions of around 50 key players in the international wine trade. This week, the Listed section focuses on Italy’s top five Buzz Brands by overall Wine Lister score.

Barolo is home to four of Italy’s top five Buzz Brands, two of which are produced by Giacomo Conterno – the flagship Monfortino in first place (973) and Francia not far behind in second place (954). The Monfortino achieves Italy’s best Quality score (977), the result of remarkable consistency from vintage to vintage, having achieved a score of 993 or above in seven of the past 10 vintages. Its best ever vintage was 2004 (998), thanks to a perfect 100-point score from Antonio Galloni, who writes: “I imagine the 2004 Monfortino will give readers an utterly spellbinding drinking experience for the next few decades”.

Whilst the Francia is pipped at the post in each category by its illustrious stablemate (trailing by 17 points in the Quality category, 11 in the Brand category, and 34 in terms of Economics), it does manage superior restaurant presence, visible in 30% of the world’s top establishments, compared to the Monfortino’s 23%. This is presumably due to over three times as many bottles of it being produced each year on average.

In third place is Azienda Agricola Falletto’s Rocche Falletto Riserva (953). It records the best Economics score of the five (969) and Italy’s second-best, beaten only by Falletto’s Barbaresco Asili Riserva (978). It does so thanks to the combination of very strong growth rates – it has recorded a three-year compound annual growth rate of 21% and has added 8% to its value over the past six months alone – and strong liquidity – its top five vintages having traded 398 bottles at auction over the past year. Perhaps collectors have been eager to get their hands on a bottle after the passing of Bruno Giacosa in January.

Proving that Super Tuscans can mix it with Piedmont’s top nebbiolos, Sassicaia takes fourth place. Whilst it cannot keep pace with Barolo’s finest in the Quality and Economics categories, Sassicaia stretches out a comfortable lead in the Brand category thanks to an extraordinary score of 998. This near-perfect score puts it alongside Haut-Brion, Margaux, and Petrus, beaten only by the Pauillac First Growths, Dom Pérignon Vintage Brut, and Yquem. Its brand dominance is the result of outstanding restaurant presence (49%) and online popularity – receiving well over three times as many searches each month as Conterno’s Monfortino, which is the group’s second-most popular wine.

Rounding out the five is Bartolo Mascarello’s Barolo. Its brand is its strongest asset, its score of 964 making it Barolo’s second-strongest brand behind Conterno’s Monfortino. Despite receiving over 20% fewer online searches each month than the Monfortino, it matches its level of restaurant presence – perhaps the azienda’s famous “no barrique no Berlusconi” message strikes a chord with sommeliers.



Listed: top five highest prices in Tuscany

In this week’s top five, we take a break from June’s Bordeaux bias on the vinous calendar to look at the rising prices of Tuscany’s top wines.

However, there’s no escaping Bordeaux with Tuscany’s most expensive wine, since Masseto is distributed through the Place de Bordeaux. With tiny quantities available to purchase via the Place each year – average annual production is 32,000 bottles – Masseto’s price of £511 per bottle makes it well over a third more expensive than the rest of this weeks’ top five, and also the second-most expensive Italian wine on Wine Lister (beaten only by Giacomo Conterno’s Barolo Monfortino Riserva).

Masseto also achieves the group’s best Brand score (977), the result of featuring in the highest number of the world’s top restaurants (24%) and being over 2.5 times more popular than any of the other four. The chart below confirms a strong relationship between Brand score and price for these wines, with Masseto’s formidable brand strength playing a key role in its high price.

At £367 per bottle, Soldera Case Basse Sangiovese takes the second spot. It achieves the highest Quality and Economics scores of the five (976 and 957 respectively). With an impressive three-year compound annual growth rate (CAGR) of 18.4% – by far the highest of the group – and having added 7.3% to its value over the past six months, Soldera Case Basse continues to cement its position as Tuscany’s second-most expensive wine, and close the gap on Masseto.

Two Brunellos feature amongst Tuscany’s most expensive wines: Biondi Santi’s Brunello Riserva (£289) and Casanova di Neri’s Brunello Cerretalto (£157). Whilst Biondi Santi Brunello Riserva’s appearance might be expected, considering its heritage, the fact that Casanova di Neri Cerretalto is amongst Tuscany’s most expensive wines might be more of a surprise, indicating that Riserva status alone does not currently guarantee higher prices than straight Brunellos.

Rounding out the five is Tuscany’s fourth-most expensive wine and the group’s second 100% merlot – Tua Rita’s Redigaffi. At an average price of £180 per bottle, it is over 2.5 times cheaper than its varietal companion in the group, Masseto.


Super Tuscans, super value

Brands such as Sassicaia or Masseto are virtually household names. Known to most as ‘Super Tuscans’, the unofficial ‘Crus Classés’ of Tuscany’s IGT-elite have garnered a reputation for high quality and investment calibre over the last 20 years, and have a price tag to match.

Most would agree that the first Super Tuscan was Sassicaia, produced by Mario Incisa della Rocchetta, who planted Cabernet Sauvignon for his family’s own personal stock, before releasing it commercially from 1968.

The early Super Tuscan sought to by-pass the DOC system and rules banning international varieties. Labelled simply as ‘vino da tavola’, consumers were able to decide for themselves on the quality of the liquid in the bottle. Meanwhile, Sassicaia earnt its own DOCG in 2013, and has the strongest brand in Italy and one of the strongest in the world – but what of the rest?

Last month Wine Lister explored Italy’s top wines for Economics, and found that the economic profiles of Piedmont’s top wines (Barolo and Barbaresco), beat their Tuscan counterparts. So what can consumers expect from Tuscany, apart from an idyllic holiday destination?

The Tuscan crown for Brand scores still firmly sits on the heads of the big five (Sassicaia, Tignanello, Ornellaia, Masseto, and Solaia), but with a little more digging, exceptional quality can certainly be found beyond these few names. Indeed, eight of Wine Lister’s top 10 Italian Value Picks by Quality score come from the country’s central region:

Value Picks are defined as wines with the best quality-to-price ratio, with an emphasis on quality. Of the Tuscan entries, only one is a DOCG – the Chianti Classico Vigna del Sorbo Riserva 2010 from Fontodi. The others are IGT, or ‘Super Tuscan’, such as Castello dei Rampolla Sammarco 2006 and 2010, and San Giusto a Rentannano Percarlo 2010 and 2013.

On average, Super Tuscan Value Picks cost £26 per bottle, and achieve Quality scores of 864. Meanwhile Super Tuscan Buzz Brands cost six times as much for the for an average Quality score of 889.

Whether Tuscany’s classification system will be able to define a true quality hierarchy in time is not clear. In the meantime, Wine Lister’s scoring system sheds some light on where the real value of Tuscany lies.

Also featured: Isole e Olena Collezione de Marchi Cabernet Sauvignon; Domenico Clerico Barolo Ciabot Mentin; Galardi Terra di Lavoro


Piedmont and Burgundy prices march ahead

In this blog we look at the price performance of five major fine wine regions over the past two years. Wine Lister’s regional indices use price data from Wine Owners, and each comprises the top five brands in its respective region (according to the Wine Lister Brand score).

In Bordeaux, for example, the top five strongest brands (measured by looking at restaurant presence and online search frequency), are the five first growths, Haut-Brion, Lafite, Latour, Margaux, and Mouton. Posting gains of 28% over two years, and largely stagnating over the last year, the Wine Lister Bordeaux index is the worst performer of the five wine price indices shown below.

WL price indices Image 24_10_17

Piedmont, meanwhile, has enjoyed a remarkable couple of years. Not only has its index grown by an astonishing 58% over the period, it has also been very consistent, experiencing just three months of negative growth – November 2015, May 2016, and April 2017. Sustained high growth rates suggest a region in demand. The Wine Lister Piedmont index consists of two wines from Gaja – Barbaresco and Sperss (now labelled as a Barolo again after several years of declassification to Langhe Nebbiolo), two Barolos from Conterno – the Monfortino and the Cascina Francia, and finally Bartolo Mascarello’s Barolo.

Next comes the Burgundy index (consisting entirely of Domaine de la Romanée-Conti wines), which has grown by more than 50% over the past 24 months, but with a few more blips. It decreased in value by 4% in December 2015, only managing to recover in March 2016. In a repeat of this festive dip, the index dropped over 5% in December 2016, but recovered the losses in just one month on this occasion. It has started to close the gap on Piedmont over recent months, adding over 15% since May.

Tuscany and California* made similar gains to Bordeaux over the period – up 33% and 29% respectively. The Tuscany index has progressed fairly serenely over the past two years, thanks to its liquid Super Tuscan components. Meanwhile the prices of California’s top wines have been less consistent, enduring a fall of nearly 9% in October 2015, recovering with a dramatic 8% rise in February 2016. This year, having enjoyed strong gains during February and March, their growth rate has since cooled off, adding just 1.5% over the past six months.

*As you will know, California has suffered tragic wildfires in recent weeks. Wine Lister’s partner critic, Vinous, is donating to relevant charities the profits from all maps purchased before the end of November 2018.