Bordeaux 2011 – around a 拢tenner, and one a bit more

by Charles Lea

Bordeaux 2011 – around a 拢tenner, and one a bit more

Below is a short list of wines selected from those so far on the market which seem to me to offer the ‘no-brainer’ bit of this (and any other)聽vintage.

For聽those labels that聽have depressingly come to be known as ‘investment-grade’ wines, there聽may have no level to go聽out聽which will satisfy the bargain hunters this year. Without Robert Parker’s notes to guide them most ‘investors’ will be unwilling to commit. It is also unlikely that this year will yield sudden exponential growth. We will not really know until a few more prices are announced, but if investment is your goal do remember that it is not always the obvious ‘great’ vintages which show the best price appreciation – ask anyone who bought 2004 first growths from us.

For wines bought only聽to drink, Bordeaux still offers many choices which, tarred by the image of the overpriced ‘gold rush’ wines, are struggling to sell a a price level which would be called reasonable even in the struggling-to-be-fashionable聽Languedoc or Rh么ne. This weird dichotomy in the market means that some of聽these wines, bought en primeur, when margins all round are at their tightest, are a great opportunity for the value-minded drinker. For example, amongst the聽properties offered聽below, Pierre Taix’s 2008聽La Mauriane was offered in聽May 2009聽at 拢115 per case in bond, which with duty and VAT at today’s rate works out at around 拢14 per bottle delivered. The current price in our shops is 拢22.95 per bottle. It’s a decent saving, I’d have thought, and an investment in future pleasure.

Pierre Taix takes a vast amount of trouble over this micro cuv茅e, including using the same Stockinger foudres that are used by Remi Jobard and also by Domaine Tempier to give a very ‘straight’ restrained oak effect.

Similarly St茅phane Dief’s amazing Medoc micro-cru, Clos Manou, is 拢160 in en primeur, but retails around the 拢30 per bottle mark when shipped.