Its been a 500 case week at Cavex – Weekly Bids & Offers Update

The past week has seen a strong increase in the volume of live bids and offers placed on the Cavex platform totalling £411,000. The bids have grown by 162 new cases with 35 new wines added. As for new offers placed, the number of positions has increased with 72 new wines, spread over 347 cases. Our hot picks for the week are highlighted below with some very well priced 2002 Bordeaux reds and two Sassicaia 1998’s in pristine condition. On the purchase side, Lafite 2006 is close to market, and if you are long on Leoville Poyferre 2007 there is a significant position placed for 30 cases.

Bordeaux continues to take the top spot for trades, but with £60,000 of new positions placed for White Burgundy, there may be a small change in focus this time next week. There are some top wines on offer that are not readily available on the market, such as Chevalier Montrachets’, both Batards and Pulignys’ from producers Domaine Leflaive, Etienne Sauzet and Michel Niellon to name a few. Vintages on offer are 2005, 2006 and 2008 so it is worth taking a look at the stock list in more detail this week.

We are on the search for some very well priced drinking Bordeaux this week between the £300 to £1000 mark for a few of our members. There are also buyers looking for top vintage Champagnes from the houses of Krug,  Louis Roederer and Moet et Chandon. If you are in a position to offer stocks for sale, please do email us at trading@cavex.co.uk

Hot Offers
Wine Vintage Format Qty  Price   Last Trade  Date  Best WS Price 
Angelus 2005 12 x 75 2  £2,700.00  £2,700.00 05-Sep  £2,790.00
Ducru Beaucaillou 2002 12 x 75 5  £755.00  £820.00
Haut Brion 2002 12 x 75 5  £2,410.00  £2,550.00
Latour 2005 12 x 75 1  £7,100.00  £7,250.00 06-Sep  £7,050.00
Latour 2002 12 x 75 4  £3,895.00  £3,950.00
Leoville Barton 2006 12 x 75 1  £410.00  £410.00 13-Aug  £420.00
Leoville Barton 2003 12 x 75 1  £700.00  £730.00 12-Jul  £740.00
Margaux 2004 12 x 75 1  £2,850.00  £2,945.00
Montrose 2003 12 x 75 3  £1,440.00  £1,420.00 09-Sep  £1,475.00
Ornellaia 2004 6 x 75 2  £840.00  £850.00
Palmer 2005 12 x 75 1  £1,900.00  £2,000.00
Pichon Baron 2003 12 x 75 1  £940.00  £940.00 15-Jun  £975.00
Sassicaia 1998 12 x 75 2  £1,730.00  £1,750.00
Talbot 2000 12 x 75 1  £700.00  £740.00

 

Hot Bids
Wine Vintage Format Qty  Price   Last Trade  Date
Clerc Milon 2008 12 x 75 3  £350.00  £365.00 06-Sep
Clinet 2010 6 x 75 1  £470.00  £457.50 21-Sep
Duhart Milon 2009 6 x 75 2  £320.00  £320.00 25-Sep
Haut Brion 2000 3 x 150 1  £2,750.00  –
Krug Clos Mesnil 1998 1 x 75 12  £500.00
Lafite Rothschild 2006 12 x 75 1  £5,300.00  –
Leoville Poyferre 2007 12 x 75 30  £365.00
Mouton Rothschild 2009 6 x 75 1  £2,600.00  £2,600.00 07-Oct
Pavillon Rouge 2006 12 x 75 5  £900.00  £910.00 06-Sep
Troplong Mondot 2005 12 x 75 2  £1,500.00  £1,500.00 02-May

 

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.

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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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