Cavex Weekly Bids and Offers Update – Old World wines under £300 IB per case

With the August summer holiday season in full swing, we could be forgiven for expecting a quiet couple of weeks. Whilst the bids and offers have dropped in terms of case numbers, the value of live positions has increased. The value of bids is up 12% to £675,000 with 513 cases looking to be purchased. On offer, you will find 1566 cases, down from last week with a value of £1.22 million. Some interesting reading for the statisticians among our members is that the bid to offer ratio has risen to the 0.40 mark, with the bid to offer ratio by value increasing steadily week on week, now up to 0.55.  Pleasing signs of growth all round.

Highlights on the Cavex platform this week include:

  • Strong sales of Bordeaux 2000’s again this week
  • 1st growth’s second wines still in strong demand and we are still looking for more in quantity – please offer at trading@cavex.co.uk
  • A large parcel of Bordeaux 2005’s being bid on at good to market prices
  • New Bid – Lynch Bages 2003 12 x 75cl at £1000 IB x 1 case
  • New Bid – Forts de Latour 2005 12 x 75cl at £1500 IB x 10 cases
  • New Offer – Leoville Poyferre 2005 12 x 75cl at £700 IB
  • New Offer – Leoville Poyferre 2009 6 x 75cl at £760 IB x 2 cases
  • New Offer – Pontet Canet 2008 12 x 75cl at £635 IB x 1 case
  • New Offer – Parcel of Bordeaux drinkers from 2001 through to 2004 all at low to market prices

Our focus this week is on a proportion of old world wines that are priced at the £300 IB mark or below. Some veritable drinking bargains to be bid upon and remember these prices all include delivery to your UK bond.

 

Wine Producer Vintage Format Price Qty Min Qty
Bourgogne Blanc Etienne Sauzet 2008 12 x 75 £165.00 5 1
Chablis Bougros Cote de Bouguerots William Fevre 2007 6 x 75 £150.00 10 1
Chablis Montee de Tonnerre Billaud-Simon 2008 12 x 75 £155.00 1 1
Chablis Vaulorent William Fevre 2009 12 x 75 £295.00 3 1
Musar White 2003 12 x 75 £230.00 1 1
Puligny Montrachet Perrieres Etienne Sauzet 2005 6 x 75 £300.00 1 1
Saint Joseph Blanc Granits Chapoutier 2009 6 x 75 £225.00 1 1
Barde Haut 2010 12 x 75 £220.00 13 1
Barolo Gavarini Vigna Chiniera Elio Grasso 2008 6 x 75 £295.00 2 1
Batailley 2004 12 x 75 £300.00 1 1
Batailley 2004 12 x 75 £285.00 4 1
Bourgone Rouge Meo Camuzet 2010 12 x 75 £155.00 1 1
Brio Cantenac Brown 2005 6 x 75 £130.00 6 2
Brunello di Montalcino Lazzeretti 2006 6 x 75 £220.00 1 1
Brunello di Montalcino Il Poggione 2004 6 x 75 £175.00 1 1
Cantemerle 2009 12 x 75 £230.00 25 5
Cantemerle 2010 12 x 75 £300.00 1 1
Chateauneuf Du Pape Clos Mont Olivet 2005 12 x 75 £275.00 1 1
Chateauneuf du Pape Cailloux Brunel 2007 12 x 75 £200.00 1 1
Chianti Classico Castello di Brolio Barone Ricasoli 2006 6 x 75 £270.00 1 1
Cote Rotie Cote Rozier Patrick & Christophe Bonnefond 2005 6 x 75 £150.00 1 1
Cote Rotie Les Rochains Patrick & Christophe Bonnefond 2005 6 x 75 £200.00 3 1
Gevrey Chambertin Joseph Roty 2010 12 x 75 £295.00 1 1
Gevrey Chambertin Joseph Roty 2009 12 x 75 £295.00 1 1
Gigondas St Cosme 2011 12 x 75 £190.00 10 1
Gigondas Valbelle St Cosme 2006 6 x 75 £300.00 1 1
Gloria 2010 6 x 75 £150.00 13 1
Grand Puy Ducasse 2006 12 x 75 £260.00 2 1
Grand Puy Lacoste 2006 6 x 75 £185.00 2 2
I Greppi Greppicante Fattoria Viticcio 2007 6 x 75 £290.00 2 1
La Closerie de Fourtet 2006 6 x 75 £95.00 6 2
Leoville Poyferre 2008 6 x 75 £250.00 4 1
Les Hauts de Smith 2005 12 x 75 £255.00 1 1
Morey St Denis Alouettes Ponsot 2009 6 x 75 £275.00 4 1
Oreno IGT Tenuta Sette Ponti 2008 6 x 75 £300.00 1 1
Poujeaux 2010 12 x 75 £195.00 6 1
Puy Blanquet 2009 12 x 75 £130.00 1 1

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.

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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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