A DRC Week + weekly bids and offers update

Bordeaux dominated trading this week on the Cavex platform accounting for 86% of matched trades by volume. Whilst buyers have been more quiet than sellers, we have seen pleasing growth all round. Total positions have increased to just shy of the 3 million pound mark with 3257 live cases currently spread over 1060 individual markets active for trade.

Offers have grown further with £230,000 of new stock placed with a main focus on the addition of some very well priced wines from Domaine Romanee-Conti. Our highlighted offer this week illustrates some of the best UK prices available for a range of the domaine’s wines from vintages 2000 through to 2009 with a heavy focus on early 2000’s. All these wines have been impeccably stored since release and are very well priced by their respective sellers.

Keeping with DRC, most notable trade of the week went to a 3 x 75cl case of Domaine Romanee-Conti’s top wine Romanee-Conti 2007 at £21,000. Other trade highlights have been pleasing with members picking up some of the top offers from last week.Angelus 2006 at £1640, Haut Brion 2009 at £5550, Margaux 2008 at £2780, Sori San Lorenzo Angelo Gaja 2006 at £1200 (6) and Talbot 2009 trading at £375 for 15 cases. These all traded at the best price in the UK open market.

If you are in a position to offer stocks for sale, please do email us at trading@cavex.co.uk With commissions of just 3%, we are helping many private collectors sell through their portfolios with average payments made in 17 days from being matched. Do not hesitate, therefore to give us a call to see how we can help you maximise your returns.

REMINDER TO ALL MEMBERS – CHRISTMAS WAREHOUSE CLOSURES

With the Christmas season fast approaching and most logistics facilities hitting their busiest time of year, please do bear in mind that In Bond warehouse deliveries can take longer to complete than normal. Octavian and LCB move a vast amount of wine over the coming 5 week period and will be shut between Christmas and New Year. Therefore if you are planning on buying or selling wines over the coming weeks please take this busy period into consideration.

Cavex Focussed DRC Offer
Wine  Producer Vintage Format  Price  Qty
Echezeaux DRC 2003 3 x 75  £1,800.00 1
Echezeaux DRC 2003 6 x 75  £3,600.00 1
Echezeaux DRC 2004 3 x 75  £1,375.00 1
Echezeaux DRC 2009 1 x 75  £650.00 1
Echezeaux DRC 2009 1 x 150  £1,200.00 1
Grands Echezeaux DRC 2002 3 x 75  £2,100.00 1
Grands Echezeaux DRC 2004 3 x 75  £1,700.00 1
Grands Echezeaux DRC 2004 3 x 75  £1,750.00 1
Grands Echezeaux DRC 2006 1 x 75  £625.00 1
Richebourg DRC 2004 3 x 75  £1,950.00 1
Richebourg DRC 2005 3 x 75  £4,400.00 1
Richebourg DRC 2007 1 x 75  £670.00 1
Richebourg DRC 2009 6 x 75  £7,300.00 1
Romanee St Vivant DRC 2000 6 x 75  £4,000.00 1
Romanee St Vivant DRC 2003 3 x 75  £2,400.00 1
Romanee St Vivant DRC 2003 3 x 75  £2,500.00 1
Romanee St Vivant DRC 2004 3 x 75  £1,800.00 2
Romanee St Vivant DRC 2004 3 x 75  £1,950.00 1
Romanee St Vivant DRC 2005 3 x 75  £3,650.00 2
Romanee St Vivant DRC 2007 1 x 75  £630.00 1
Romanee St Vivant DRC 2007 3 x 75  £1,700.00 1
Romanee St Vivant DRC 2009 1 x 75  £1,150.00 3
Romanee St Vivant DRC 2009 6 x 75  £6,100.00 1
Tache DRC 2001 6 x 75  £8,300.00 1
Tache DRC 2002 6 x 75  £10,000.00 1
Tache DRC 2004 3 x 75  £3,350.00 1
Tache DRC 2004 3 x 75  £3,450.00 1
Tache DRC 2005 3 x 75  £8,250.00 1
Tache DRC 2007 6 x 75  £7,900.00 1
Tache DRC 2008 6 x 75  £7,400.00 1
Vosne Romanee 1er Cru Duvault Blochet DRC 2002 3 x 75  £1,500.00 1
Vosne Romanee 1er Cru Duvault Blochet DRC 2006 6 x 75  £2,600.00 1

Hot Bids
Wine Vintage Format  Qty  Price    Last Trade  Date
Angelus 2005 12 x 75 2  £2,350.00  £2,700.00 05-Sep
Giacomo Conterno Barolo Monfortino Riserva 2004 12 x 75 1  £4,500.00  –
La Mission Haut Brion 2006 6 x 75 2  £720.00  £720.00 05-Nov
Lafite 2005 12 x 75 1  £6,700.00  £6,700.00 21-Nov
Lafite 2006 12 x 75 1  £5,150.00  £4,800.00 17-Sep
Lafite 2009 6 x 75 3  £3,600.00  £3,600.00 06-Nov
Montrose 2008 12 x 75 5  £555.00  £565.00 25-Aug
Mouton 2009 12 x 75 1  £2,600.00  £2,600.00 07-Oct
Pontet Canet 2008 12 x 75 9  £580.00  £580.00 19-Nov
Rauzan Segla 2009 12 x 75 10  £800.00  £810.00 10-Oct

Hot Offers
Wine Vintage Format  Qty  Price    Last Trade  Date
Haut Brion 2002 12 x 75 5  £2,410.00  £2,350.00 21-Oct
Haut Brion 2004 12 x 75 1  £2,500.00  –
Haut Brion 2006 12 x 75 1  £2,600.00  –
Lafite 1996 12 x 75 1  £7,900.00
Lafite 2002 12 x 75 5  £5,250.00  –
Lafite 2005 12 x 75 1  £6,750.00  £6,700.00 21-Nov
Lafite 2006 12 x 75 1  £5,275.00  –
Lafite 2006 6 x 150 1  £4,900.00  £4,800.00 17-Sep
Lafite 2009 12 x 75 2  £7,200.00  £7,200.00 06-Nov
Latour 1996 12 x 75 1  £5,500.00  £5,750.00 01-Oct
Latour 2002 12 x 75 4  £3,895.00  –
Latour 2003 12 x 75 1  £6,500.00  £7,100.00 11-Sep
Latour 2005 6 x 75 1  £7,100.00  £7,250.00 06-Sep
Margaux 2005 12 x 75 1  £5,550.00  –
Margaux 2009 12 x 75 1  £5,675.00  –
Mouton 2003 6 x 75 1  £1,650.00  £1,650.00 09-Sep
Mouton 2004 12 x 75 2  £2,970.00  £2,825.00 11-Oct
Mouton 2005 12 x 75 2  £3,900.00  £4,080.00 04-Oct

To catch up with all our latest trades just click here.

Seen a bid or offer that you are interested in but yet to have your trading privileges approved? Then please get in touch by calling us on +44 (0) 1491 576 300 so that we may get you activated straight away.

We look forward to hearing from you.
Best wishes
Cavex

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No need to worry about in-bond, duty-paid, VAT or delivery. We just find great wines from some of the world’s top producers that are drinking perfectly now – all delivered direct to your door.

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The Portfolio Management Partnership

More than ever, keeping a handle on what’s in your portfolio, its provenance, and its value is crucial to maintaining the integrity of your investment wines in-bond. Easy if you have a handful of cases and time on your hands. Not so easy if your collection is significant or you aim to invest more.

This is the reason we are launching our Portfolio Management Partnership service. Working with a trusted partner with over 30 years of experience in the fine wine business, this service will help you manage your portfolio, guide you on future investments, allow you to trade in only topflight investment wines and most importantly offer you access to one of the most secure wine storage services available to date.

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External Service Providers

The Davies Turner Fine Wine team offers consultancy in meeting your individual requirements, building long-term partnerships with their clients, suppliers and partners worldwide. Founded in 1870 and still remaining in private ownership, they have over 140 years experience in freight forwarding being the UK’s leading independent freight and logistics provider. They have become the largest […]

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Connoisseur International is a specialist global provider of logistical solutions concerning wines and spirits based in London. They provide a variety of services including worldwide door to door export and import air freight, express courier, refrigerated ocean and road services. Collections are available on a daily basis utilising their own fleet of vehicles from all UK bonded […]

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