Back Vintages Stealing Spotlight From Bordeaux 2014?
As prices are announced for the 2014 Bordeaux vintage, older vintages are taking some of the spotlight away. Back vintages of the fine wine are standing out as a real value, particularly those predating the high-quality 2009 and 2010 crops. Many industry veterans feel the more mature vintages are where the greater value is to be found, and as for Bordeaux 2014, the general consensus is that it has become noticeable for how unnoticeable it is.
Most top Bordeaux 2014 releases tracked by the Liv-ex market have shown increases in price relative to the 2013 vintage, reflecting higher critical ratings for the more-recent crop. Merchants for Bordeaux estates currently have a large stock overhang of the 2011-2013 vintages.
Related Link: Bloomberg Business