Originally Posted by
flyboy60
Interesting you mention Lynch Bages. I recently put much of my high priced Bordeaux from the vintages between 1982 and 1990 up for sale through a broker, and one of the first wines that completely sold out was 1989 Lynch Bages - at a price comparable to many first growths. I couldn't believe it - I sold out my Lynch Bages faster and at a significantly higher price than my Leoville Las Cases - which is in NO WAY supported by either the quality of the wine, the Parker scores, or what I paid for them back in the day. Yes, all to Chinese buyers.
Yes indeed
Though I will say mature Lynch Bages has traded at a high premium long, long before the Chinese came barging in. When I first got into wine speculatively in the early 2000s I ended up buying Lynch Bages because after 10 years it priced more like a super-second than a fifth. And the 1989 is a 99+ Parker score compared to the 91 rated Las Cases (which personally I have always found overpriced versus the likes of Ducru or even Gruaud in St Julien - which happens to be my absolutely favorite wine region). Though I am surprised you got more than you did for first growths (the RP100 Haut Brion 89 looks like it trades around 4x the price of 99+ Lynch Bages)
Anyway I am sure that was a good trade for you ^