Total bid value climbs as the bid to offer ratio hits 1.03:1 and a Comte De Vogue parcel on offer

There were very encouraging responses from last week’s update with members trading quite a number of the suggested highlights. The Torbreck Factor 2005’s were snapped up at £280 (6), along with Opus 2010 at £900 (6) and Carruades 2010 at £720 per 6, to name a few. Throughout the week, members have also picked up a multitude of offers showing that buyers have piqued a little more interest over the past nine days.

Performance-wise this week, interest in the 100 point 2009’s is still strong with trades for Clinet 2009 at £1,050 (6), Leoville Poyferre 2009 at £1,380 (12) and Pontet Canet 2009 trading up 1% through the week to £1,500 per 12. Trade of the week went to a case of DRC Romanee Conti 2001 6 x 75 at £39,250, whilst the biggest faller was Chateau Palmer 2005 dropping 5.4% since early February down to £1,680 (12).

Purchasing activity is a welcoming sign to the market as the bid to offer ratio rises to 1.03:1 for the first time since Cavex launched in April 2013. Total bid value has climbed 5.3% over the past week, now totalling £1,867,650.

Focus for this week’s update is on Comte de Vogue and a great parcel of wines on offer particularly from the most recent 2010 and 2011 vintages. With demand still high for top names from Burgundy these wines are priced well to market so one at which to have a closer look.

Further hot bids and offers highlights can be seen below with the likes of Astralis 2005 at £750  (6), Latour 2005 at £6,500, Mouton Rothschild 2006 at £1,690 (6) and Pontet Canet 2009 at £740 (6) all at very keen offer prices.

One of our members is also seeking further Mouton Rothschild 2000 at £9,950 in quantity so please do get in touch if you have stock to offer.

Comte de Vogue Offer

Wine Vintage Format Qty Price
Bonnes Mares Comte de Vogue 2008 6 x 75 1  £1,140.00
Bonnes Mares Comte de Vogue 2010 6 x 75 1  £1,575.00
Bonnes Mares Comte de Vogue 2010 6 x 75 1  £1,650.00
Bonnes Mares Comte de Vogue 2011 1 x 150 1  £500.00
Bonnes Mares Comte de Vogue 2011 6 x 75 1  £1,475.00
Chambolle Musigny 1er Cru Comte de Vogue 2007 3 x 150 1  £750.00
Chambolle Musigny 1er Cru Comte de Vogue 2007 3 x 150 1  £750.00
Chambolle Musigny 1er Cru Comte de Vogue 2007 6 x 75 1  £710.00
Chambolle Musigny 1er Cru Comte de Vogue 2007 6 x 75 1  £2,000.00
Chambolle Musigny Amoureuses Comte de Vogue 2010 3 x 75 1  £1,350.00
Chambolle Musigny Amoureuses Comte de Vogue 2011 3 x 75 1  £1,000.00
Musigny Comte de Vogue 2005 6 x 75 1  £5,400.00
Musigny Comte de Vogue 2006 6 x 75 3  £2,250.00
Musigny Comte de Vogue 2011 3 x 75 2  £1,000.00

Hot Offers
Wine Vintage Format Qty Price Last Traded £ Date
Ausone 2008 12 x 75 3 £4,100 £4,400 17-Jan
Clarendon Hills Astalis Shiraz 2005 6 x 75 1 £750 £760 19-Jul
Haut Brion 2006 12 x 75 1 £2,350 £2,480 14-Jan
Haut Brion 2009 12 x 75 1 £5,250 £5,550 18-Nov
Lafite Rothschild 2009 6 x 75 1 £3,225 £3,275 30-Jan
Latour 2000 12 x 75 1 £7,500 £7,700 14-Nov
Latour 2005 12 x 75 1 £6,500 £7,250 06-Sep
Malescot St Exupery 2009 12 x 75 1 £600 £600 11-Nov
Mondavi Opus One 2010 6 x 75 60 £875 £900 08-Mar
Mouton Rothschild 2004 12 x 75 1 £2,995 £3,400 30-Jan
Mouton Rothschild 2005 12 x 75 2 £3,900 £4,080 04-Oct
Mouton Rothschild 2006 6 x 75 2 £1,690 £1,700 30-Jan
Palmer (OWC12 – 10 Btls) 1999 10 x 75 1 £1,480
Penfolds St Henri Shiraz 2008 6 x 75 8 £225 £230 18-Sep
Pontet Canet 2007 12 x 75 1 £485
Pontet Canet 2009 6 x 75 1 £740 £750 11-Mar
Trotanoy 2010 3 x 150 1 £900 £950 05-Feb

Hot Bids
Wine Vintage Format Qty Price Last Traded £ Date
Beychevelle 2009 12 x 75 2 £535 £550 11-Dec
Beychevelle 2010 12 x 75 1 £530 £535 10-Mar
Clerc Milon 2009 12 x 75 5 £400
Ducru Beaucaillou 2008 12 x 75 4 £745 £745 13-Mar
Duhart Milon 2005 12 x 75 1 £590 £590 22-Feb
Latour 2005 12 x 75 1 £6,300 £7,250 06-Sep
Leoville Lascases 2007 12 x 75 10 £875
Leoville Poyferre 2000 12 x 75 10 £1,180 £1,230 09-Jan
Leoville Poyferre 2007 12 x 75 28 £365 £365 14-Feb
Lynch Bages 2008 12 x 75 1 £700 £710 09-Jan
Montrose 2003 12 x 75 8 £1,450 £1,450 11-Mar
Palmer 1999 12 x 75 1 £1,750
Palmer 2005 12 x 75 1 £1,680 £1,680 13-Mar
Smith Haut Lafitte 2010 12 x 75 1 £800 £770 24-Sep
Talbot 2009 12 x 75 7 £355 £365 13-Feb
Torbreck The Struie 2002 6 x 75 1 £160 £135 04-Jan
Trotanoy 2009 6 x 75 1 £1,080 £1,080 06-Mar

 

Finally, we are still on the look out for large cellar collections on behalf of some of our new members. If you have significant holdings of Bordeaux, Burgundy, Champagne, Italian, Rhone and USA wines, and you would like to move these easily in batch parcels, then do get in touch. Please email us at trading@cavex.co.uk with your portfolio listing and we would be happy to assist where possible.

Best wishes

Steve, Daniel, Simon & Jean

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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