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Old Jun 22, 2010 | 5:54 pm
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2009 Bordeaux

What a couple crazy days watching the 2009 Bordeaux release....couple questions:

1) Are you buying en primeur?

2) Which estates?

3) Who are you sourcing from?

4) Overall comments...

Last edited by ECOTONE; Jun 22, 2010 at 6:03 pm
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Old Jun 22, 2010 | 5:58 pm
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1. Potentially

2. Leoville Poyferre, Pichon Baron, and maybe a case of select 2009 stickies (375 format too)

3. JJ Buckley / Calvert Woodley

4. Incredible prices for the vintage as a whole. Most shocking to me has been the release of LMHB at ~$790/bottle and Palmer at ~$315/bottle. I have a sense that most of these will be shipped directly over to China, and then slowly move to the secondary marketplace. Frankly, with all the press on the 2009s, my attention is focusing squarely on 2008 BDX futures and 2009 Burgundy. What a crazy couple of days!
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Old Jun 22, 2010 | 9:30 pm
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The conversation on the wine boards is that 2009 is a pass.
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Old Jun 22, 2010 | 9:35 pm
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Originally Posted by ECOTONE
4. Incredible prices for the vintage as a whole. Most shocking to me has been the release of LMHB at ~$790/bottle and Palmer at ~$315/bottle.
Incredible how?
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Old Jun 23, 2010 | 9:22 pm
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Originally Posted by nerd
Incredible how?
Incredibly high. Historically high. Now granted, most of the attention is focused on the classified growths.

People are pre-paying for these wines as futures, two years in advance at prices where one can find top name Bordeaux from good to great vintages at similar or cheaper prices.

I will not be buying 09 Bordeaux, but mostly because most of my wine budget is targeted towards Burgundy and domestic pinots.
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Old Jun 23, 2010 | 9:32 pm
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Originally Posted by jakuda
Incredibly high. Historically high. Now granted, most of the attention is focused on the classified growths.

People are pre-paying for these wines as futures, two years in advance at prices where one can find top name Bordeaux from good to great vintages at similar or cheaper prices.

I will not be buying 09 Bordeaux, but mostly because most of my wine budget is targeted towards Burgundy and domestic pinots.
Thanks! Wasn't sure if 'incredible' meant incredibly cheap, or incredibly expensive.
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Old Jun 26, 2010 | 7:51 am
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Originally Posted by dhammer53
The conversation on the wine boards is that 2009 is a pass.
Hmmm... quite a bold statement me thinks. Not so sure I would completetly write off 2009, the devil is in the details. I guess its clear that its not an "investment" vintage... but at the right price, I think some labels will worth considering.
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Old Jun 26, 2010 | 1:30 pm
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Sounds like it's a rip-off

Originally Posted by nerd
Thanks! Wasn't sure if 'incredible' meant incredibly cheap, or incredibly expensive.
From the tone of the posters, it sounds like 2009 bordeaux is a rip off and not very good (which defines why it's a rip off).
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Old Jun 26, 2010 | 2:56 pm
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Originally Posted by SFflyer123
From the tone of the posters, it sounds like 2009 bordeaux is a rip off and not very good (which defines why it's a rip off).

this really is not a personal attack, but using the words rip off are(is?) very bad form. i would suggest growing up and finding more descriptive terms.

now, the prices of the 09 are really absurdly high, since this is the 3rd vintage of the century, and we're only 10 years into it.

i hold a reasonable number of '90's, which was one of the prior vintages of the century. i would be glad to sell them for '09 prices.

i do also remember when california cabs jumped to $50, and then to $100 a bottle. all were outraged, and screamed at the terrible "rip-off". i talked to a guy named Fisher, who made a wine named fisher. he said, "i grow fisher, i make fisher, i sell fisher for what i deem a fair price($40-45 a bottle). then i see that all that i sold appears at auction for $150 a bottle. why should the maker not benefit from the fair price of the wine"
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Old Jun 26, 2010 | 2:57 pm
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dupeee

Last edited by slawecki; Jun 26, 2010 at 5:10 pm
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Old Jun 26, 2010 | 5:17 pm
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everybody blames China for the hike in prices.....
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Old Jun 28, 2010 | 9:46 pm
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Originally Posted by SFflyer123
From the tone of the posters, it sounds like 2009 bordeaux is a rip off and not very good (which defines why it's a rip off).
Agree with slawecki that "rip off" doesn't describe the situation well. The en primeur prices for certain chateau's has shocked a lot of people. At the same time it appears that a lot of them are being rapidly sold through. Combination of absurdly high scores and the increase in Asian buying power in Bordeaux seems to be playing a more significant role than in previous years.

Luckily, there's plenty of less expensive bordeaux available TODAY (so no waiting until 2012 to receive your bottles) from the successful 2004 and epic 2005 vintages. ^
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Old Jun 29, 2010 | 4:11 am
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good point on the absurd high scores.... some in the wine world are begining to think that maybe RP has lost it......
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Old Jun 29, 2010 | 6:13 am
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Originally Posted by ECOTONE
I have a sense that most of these will be shipped directly over to China, and then slowly move to the secondary marketplace.
Interesting piece in the Financial Times recently about this. Most British high-end wine sellers won't touch anything which is being re-imported into Europe from China or the US, since the risk of damage to the wine from two long journeys, usually in very much not-ideal temperatures, makes it too risky.
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Old Jun 29, 2010 | 7:18 am
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the stuff that rp rated 91-94 seems to be about $40/bottle. these are the same wines he usually rates 91-94, and $40 seems to me to be about what they sold for in the past.

Gloria 750 2009 $39.99 $239.94 $479.88 91-93 St. Julien
Grand Mayne 750 2009 $40.00 $240.00 $480.00 91-94 St. Emilion
Grand Pontet 750 2009 $34.00 $204.00 $408.00 91-93 St. Emilion
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