2005 Bordeaux - a Comment
Posted: Tue Jun 27, 2006 10:36 am
This is a comment received from my friend Albert Givton, offered for your consideration:
"Again, just for fun, I made a small list of wines I have
purchased in Paris in my last 2 trips there earlier
this year, from auctions at Drouot, from a couple of
wine shops and a couple of bottles from a private
collector. I have tasted many of them, and most were
excellent at least, and some were stunning. All have/had
excellent levels, appearances etc.
So, the 2005 Lafite, for instance, is offered as futures
forapprox.US$7000 per case of 12 bottles, or approx. euros
5600.
Here's what I got for approx.5600 euros:
2 magnums of 1934 Ch.Haut Bailly
2 b 1961 Ch.Sigalas Rabaud
1 b 1943 Ch.Calon Segur
1 b 1945 Ch.Cos D'Estournel
1 b 1955 Ch.La Gaffeliere-Naudes
2 b 1961 Ch.Grand Puy Lacoste
2 b 1971 Grands Echezeaux DRC
2 b 1964 Ch.Latour
3 b 1975 Ch.Cheval Blanc
4 b 1998 Ch.Lafite
4 b 2001 Meursault-Perrieres 1er cru,Comtes Lafon
2 b 1947 Cognac Planat Fine Champagne
2 b 1937 Ryst(Da Silva)colheita port.
In total:26 bottles and 2 magnums of excelent,even
great wines etc.
NOW, the bright people who are actually buying these
2005's will either never taste/drink them, or the few
who might, will have to wait 15-20 years to do so. The
chances for speculators to make money on these wines
at these silly prices are, shall we be
diplomatic, almost nil (or worse).
As years go by, my respect for human intelligence is
taking an ever-increasing beating. Am I missing
something?"
"Again, just for fun, I made a small list of wines I have
purchased in Paris in my last 2 trips there earlier
this year, from auctions at Drouot, from a couple of
wine shops and a couple of bottles from a private
collector. I have tasted many of them, and most were
excellent at least, and some were stunning. All have/had
excellent levels, appearances etc.
So, the 2005 Lafite, for instance, is offered as futures
forapprox.US$7000 per case of 12 bottles, or approx. euros
5600.
Here's what I got for approx.5600 euros:
2 magnums of 1934 Ch.Haut Bailly
2 b 1961 Ch.Sigalas Rabaud
1 b 1943 Ch.Calon Segur
1 b 1945 Ch.Cos D'Estournel
1 b 1955 Ch.La Gaffeliere-Naudes
2 b 1961 Ch.Grand Puy Lacoste
2 b 1971 Grands Echezeaux DRC
2 b 1964 Ch.Latour
3 b 1975 Ch.Cheval Blanc
4 b 1998 Ch.Lafite
4 b 2001 Meursault-Perrieres 1er cru,Comtes Lafon
2 b 1947 Cognac Planat Fine Champagne
2 b 1937 Ryst(Da Silva)colheita port.
In total:26 bottles and 2 magnums of excelent,even
great wines etc.
NOW, the bright people who are actually buying these
2005's will either never taste/drink them, or the few
who might, will have to wait 15-20 years to do so. The
chances for speculators to make money on these wines
at these silly prices are, shall we be
diplomatic, almost nil (or worse).
As years go by, my respect for human intelligence is
taking an ever-increasing beating. Am I missing
something?"