Originally Posted by
ma91pmh
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 ^
Actually, Haut Brion and La Mission Haut Brion were the exceptions. I cleared $875 a bottle on the La Mission, and $1200 on the Haut Brion. The Lynch got $375, most other first growths got in in mid-high $400s And the Leoville got only around $225.
BTW, I disagree with you about Leoville Las Cases - IMHO, it's consistently the best of the super 2nd growths (along with Ducru) - but it's also the largest production, so supply vs. demand is affected. Personal taste, I guess, but I find the Lynch Bages to be a less nuanced wine.
In 1992, I paid $22 for the Lynch, and $70 for the Haut Brion