Monthly Archives: May 2016
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- May 27, 2016
An auction of nearly 1,500 wines from Burgundy’s exclusive Domaine de la Romanée-Conti estate has been overshadowed by concerns raised over the authenticity of a small number of wines sourced for the sale. Baghera Wines removed ‘five or six lots’ before its Geneva auction over the weekend, according to a report by The Independent newspaper, […]
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- May 27, 2016
Andrew Jefford delves back three decades to find out if Châteauneuf du Pape both needs and merits age. How much Châteauneuf du Pape do you have in your cellar? In the 1997 revision of his outstanding book on the Rhône (Wines of the Rhône Valley), Robert Parker said he drank “more Châteauneuf du Pape than […]
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- May 27, 2016
Sotheby’s claims to have set ‘a new benchmark’ for wine auctions after its sale from billionaire collector Bill Koch’s cellar hit nearly $22m. All 2,730 lots were sold in the New York auction, named Wines from the Cellar of William I Koch, which lasted for 27 hours over three days. Total sales hit $21.9m for […]
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- May 23, 2016
Krug’s chef de cave Eric Lebel has said he is fully in favour of writing the flute out of Champagne drinking history, and he hinted that the house may launch a new glass for its rosé. Eric Lebel told Decanter.com during the Krug World Festival that the LVMH-owned producer may launch a rosé Champagne glass […]
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- May 23, 2016
The MD of the Antique Wine Company has said the firm is set to enter liquidation after efforts to revitalise its finances have failed. Antique Wine Co (AWC) has been left in an untenable position following a drop-off in Bordeaux trading and in the aftermath of a failed lawsuit against the group over alleged fake […]
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- May 19, 2016
Investment Calculator I like to use all kinds of investment calculators when I’m looking for wines to invest. Now you may be wondering what has an investment calculator got to do with wine investing? Well, wine investment is a great deal about finding the right wine to invest at the right price. But one important […]
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- May 18, 2016
Rudy Kurniawan film Sour Grapes gets first airing A film charting the rise and deceit of imprisoned wine fraudster Rudy Kurniawan – and starring many of the key characters in the story – has debuted at a festival in North America. Sour Grapes delves into the murky world of fine wine fraud, dealing in particular […]
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- May 12, 2016
Liv-ex 1000 gains 0.5% in April The Liv-ex 1000 Index gained 0.5% in April to close on 254.78. The Bordeaux 500 index gained 1.1% to close on 251.79. It now looks comfortably stronger than the other sub-indices over one year, having gained 5.5% over this period. The majority of the sub-indices also gained in April. […]
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- May 09, 2016
Château Palmer to auction barrel of 2015 wine Palmer and Sotheby’s will auction the 225-litre barrel of Château Palmer 2015 wine in Hong Kong on 4 June. The Margaux based estate has not yet released a price for its Bordeaux 2015 en primeur wine. But, Sotheby’s said the barrel at auction is expected to fetch […]
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- May 09, 2016
Neal Martin on Bordeaux 2015: “A narrow pyramid” Neal Martin’s Bordeaux 2015 report was released on The Wine Advocate this afternoon. Like many other reviewers, Martin suggests that 2015 is an “excellent” vintage in general – but currently lacks the across the board consistency of great vintages such as 2009 and 2010. In terms of […]