Chateau Lafite Rothschild 1996 BUY Recommendation
Dear Friends and Clients,
I have found a very special parcel of wine for you, this is something that is very exclusive. I don’t often get the opportunity to recommend this kind of wine to you. In fact I am restricted to only 10 cases with this offer since it is an older wine so it is impossible to find in large quantities.
I can only offer you one case of this wine since I’m short on quantity but I can tell you its worth even having one case in your portfolio because its very special.
The wine is called Chateau Lafite Rothschild and the vintage is 1996.
As you know Lafite Rothschild, it doesn’t need any introduction. This is considered one of the most prestigious wines of the 1855 Classification.
What makes it special is the vintage, which is heralded as one of the greatest vintages ever made for Bordeaux wines. This Lafite 1996 has been awarded 100 points from the critic Robert Parker.
This is an excerpt from his tasting notes, “Tasted three times since bottling, the 1996 Lafite-Rothschild is unquestionably this renowned estate’s greatest wine”.
“This massive wine may be the biggest, largest-scaled Lafite I have ever tasted. It will require many years to come around, so I suspect all of us past the age of fifty might want to give serious consideration as to whether we should be laying away multiple cases of this wine”.
“It should unquestionably last for 40-50 years. Anticipated maturity: 2012-2050. The wine of the vintage?”
Those were Parker’s notes directly from his archive.
What I like about this as an investment is that it has performed very well in the past. It started off around 2500 pounds/case. It then went up as high as 15,000 pounds/case in 2011.
Currently, it is being offered by a number of merchants in Europe for a starting price of 7500 pounds but some merchants are selling it for 8000 pounds. And these merchants selling at 8000 pounds are usually very competitive.
The reason some are marking a higher price is because the market is moving higher. Therefore the bigger firms who can afford to hold onto stock are placing the price much higher in expectations that their stock will sell quickly as soon as those merchants offering the lower prices are sold.
This is what happens in a bullish market sentiment which we are seeing in the wine market at the moment.
Now I have managed to secure this wine for you for 7480 pounds/case. The stock is in 12 bottles and held in our warehouse in the UK in Original Wooden cases.
I anticipate some good growth on this wine over the next 2-3 years of at least 12% per annum compounded, not only because of the direction of the market but also because the price is still 50% off its highs of 2011. This means you can buy an absolute blockbuster of a wine for half the price you could buy it for 4 years ago! Its amazing, don’t you think?
Think about this scenario – in three years the price should appreciate to 10,000 pounds/case. It would still be 30% cheaper than the price it was in 2011. I’m not saying it will be worth 15,000 pounds in three years but there’s a pretty good chance given where the market is heading.
Such a great opportunity, if I was not buying so much wine at the moment, I probably would be buying the whole parcel for my own portfolio and not making a recommendation to be completely honest.
Please let me know whether would you like to add one case to your portfolio.