Cavex hits the £3 million mark + weekly bids & offers update

After a couple of weeks nipping at the heels of the £3 million mark our total live positions have broken through for the first time reaching £3,04 million. Another very pleasing milestone to reach as we come to the end of our 8th month of trading.

The total live cases have grown to 3,325 with bidders responding strongly to the highlighted DRC offer last week. Notable trade from that offer has been the Richebourg 2005 trading at £4,300 per 3 x 75 case sold by a private member trading at just 3% commission.

Other trade highlights have again been pleasing this week with members picking up stocks from last weeks hot stocks. Haut Brion 2004 at £2,400, Lafite 2005 trading again at £6,700, Montrose 2008 at £555 and Rauzan Segla 2009 at £800. Its not all been Bordeaux though on our trade highlights with one member picking up a case of Torbreck The Factor 2002 at £220 per 6, a 99 pointer from Robert Parker and Ornellaia 2008 at £660 per 6.

This week we have highlighted a more detailed hot stocks list to look over. As the market continues to soften with Bordeaux prices there are some deals to be had.

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 4 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 Hot Stocks 29.11.2013
Hot Bids
Wine Vintage Format  Qty Price  Last Trade Date
Batailley 2009 12 x 75 2 £290 £290 16-Sep
Beychevelle 2009 12 x 75 2 £550 £540 19-Jul
Clinet 2010 6 x 75 1 £470 £460 21-Sep
Forts de Latour 2006 12 x 75 4 £1,350 £1,350 19-Nov
Haut Brion 2000 3 x 150 1 £2,750 £2,450 12-Nov
La Mission Haut Brion 2006 6 x 75 2 £720 £720 05-Nov
Lafite Rothschild 2005 12 x 75 1 £6,700 £6,700 22-Nov
Lafite Rothschild 2006 12 x 75 1 £5,150 £4,800 17-Sep
Leoville Barton 2008 12 x 75 30 £380
Lynch Bages 2006 12 x 75 20 £710 £710 14-Oct
Montrose 2003 12 x 75 2 £1,400 £1,400 29-Oct
Montrose 2008 12 x 75 9 £555 £555 25-Nov
Mouton Rothschild 2009 6 x 75 1 £2,600 £2,600 07-Oct
Pavillon Rouge 2003 12 x 75 7 £940
Pavillon Rouge 2006 12 x 75 5 £900 £910 06-Sep
Pavillon Rouge 2008 12 x 75 50 £880 £800 31-May
Pavillon Rouge 2010 12 x 75 4 £930 £930 30-Oct
Pichon Lalande 2003 12 x 75 9 £1,000 £1,000 21-Nov
Pontet Canet 2008 12 x 75 9 £580 £580 19-Nov
Rauzan Segla 2009 12 x 75 10 £800 £810 10-Oct
Smith Haut Lafite Rouge 2010 6 x 75 2 £380 £385 24-Sep
Troplong Mondot 2005 12 x 75 2 £1,500 £1,500 02-May

Hot Offers
Wine Vintage Format  Qty Price  Last Trade Date
Aldo Conterno Barolo Romirasco 2004 6 x 75 1 £600
Ausone 2008 6 x 75 2 £2,450 £2,450 17-Oct
Chapoutier Ermitage Meal 2009 6 x 75 2 £740
Clinet 2006 6 x 75 2 £240
Clos Fourtet 2009 12 x 75 1 £1,900 £1,995 18-Nov
Grand Puy Lacoste 2008 12 x 75 3 £270 £300 12-Jun
Haut Brion 2002 12 x 75 5 £2,410 £2,350 21-Oct
Lafite Rothschild 2002 12 x 75 5 £5,250
Lafite Rothschild 2009 12 x 75 1 £7,200 £7,200 06-Nov
Latour 1996 12 x 75 1 £5,500 £5,750 01-Oct
Le Pin 2009 3 x 75 1 £6,450
Leflaive Chevalier Montrachet 2007 6 x 75 1 £1,650
Leoville Poyferre 2000 12 x 75 2 £1,250
Lynch Bages 2009 12 x 75 1 £1,000 £1,060 28-Aug
Mouton Rothschild 2003 6 x 75 1 £1,650 £1,650 09-Sep
Mouton Rothschild 2005 12 x 75 2 £3,900 £4,080 04-Oct
Mouton Rothschild 2008 6 x 75 2 £1,570
Ornellaia 2010 6 x 75 18 £635 £635 19-Nov
Petit Mouton 2009 6 x 75 22 £575 £540 10-Sep
Petrus 2005 6 x 75 1 £12,500 £12,000 09-Sep
Pichon Lalande 2002 12 x 75 3 £810 £810 22-Nov
Rauzan Segla 2002 12 x 75 4 £415
Roumier Bonnes Mares 2011 6 x 75 1 £4,400
Soldera Case Basse BdM Riserva 2006 6 x 75 2 £1,480
Talbot 2000 12 x 75 1 £700
Talbot 2009 12 x 75 7 £375 £375 21-Nov

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

 

CaveX Cru is our newly launched service offering members of CaveX the opportunity to buy exclusive parcels of affordable fine wines for everyday drinking.

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.

Click here for more details…

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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