The Appeal of Fine Wine « Provenance Fine Wines

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The Appeal of Fine Wine

The love affair with fine wine in the United Kingdom has been influenced by many factors over the years… historical, cultural and even political.

But in establishing the underlying causes of the love of fine wine in this country, and specifically the popularity of French fine wine from the Bordeaux region, it is interesting to remember that from the 12th Century onwards, the part of Western France (Aquitaine) where Bordeaux lies was in fact annexed by England.

Huge demand from England coupled with the advent of efficient trade links via the port of Bordeaux resulted in further advances in the development of wine production in the region.

Although that direct political link ended abruptly when France re-took Aquitaine in 1453, fine wine has held an important place within the culture and society of Great Britain ever since; indeed the word claret is synonymous with continued English appreciation of Bordeaux wines.

The appeal of fine wine spreads further than ever before as it becomes increasingly accessible. The introduction of the internet has also brought about greater market transparency; nowadays anyone with a credit card, a corkscrew and a budget can – from an informed position – sample pleasures historically restricted to the aristocracy and above.

The collecting and drinking of fine wines is inextricably linked to the support of their heritage. Fine wines from all over the world will continue to be appreciated – and should continue to appreciate in
themselves – for many more centuries to come…

Market Movements

Ten best performers

Last month Last 3 months Last 6 months 1m / 3m / 6m

1. Suduiraut (1997) £541.63 +52%
2. Krug (1990) £1675.20 +42%

3. Lafite Rothschild (2008) £5513.00 +35%
4. Haut Brion (1994) £2522.63 +34%

5. Pontet Canet (1996) £757.27 +29%
6. Margaux (2005) £9977.64 +27%

7. DRC, Romanee Conti (2004) £4444.00 +27%
8. Petrus (1986) £12017.61 +27%

9. Ducru Beaucaillou (2000) £1320.52 +24%
10. Angelus (2005) £2620.35 +23%

1. Lafite Rothschild (2008) £5513.00 +79%
2. Ausone (1988) £1987.44 +75%

3. Petrus (1989) £33960.56 +71%
4. Ausone (1986) £1577.81 +67%

5. Lafite Rothschild (2008) £9767.56 +51%
6. Lafite Rothschild (1988) £8089.40 +47%

7. Suduiraut (1997) £541.63 +47%
8. Haut Brion (2008) £3533.99 +45%

9. Margaux (2005) £9977.64 +43%
10. Margaux (2001) £3735.07 +41%

1. Lafite Rothschild (2008) £9767.56 +51%
2. Carruades de Lafite (2008) £2657.99 +22%

3. Lafite Rothschild (1997) £6833.33 +10%
4. Lafite Rothschild (2008) £5513.00 +79%

5. Lafite Rothschild (1994) £7657.66 +32%
6. Latour (2008) £6100.00 +22%

7. Ausone (1988) £1987.44 +75%
8. Lafite Rothschild (2006) £7290.28 +33%

9. Lafleur (2002) £2950.00 0%
10. Petrus (1989) £33960.56 +71%

Ten worst performers

Last month Last 3 months Last 6 months 1m / 3m / 6m

1. Leoville Las Cases (2001) £1035.09 -24%
2. Pin (1985) £14048.57 -22%

3. Lafite Rothschild (1999) £3708.67 -20%
4. Petrus (2006) £5032.25 -20%

5. Cos d'Estournel (1990) £2028.57 -19%
6. Angelus (2000) £2319.95 -17%

7. Mouton Rothschild (1999) £3018.34 -16%
8. Ausone (2003) £16351.54 -15%

9. Pichon Lalande (2005) £771.13 -15%
10. Mouton Rothschild (1986) £9617.74 -14%

1. Louis Roederer Cristal (1999) £937.50 -53%
2. Suduiraut (2001) £676.70 -35%

3. Cos d'Estournel (1985) £1328.94 -26%
4. Lafleur (2007) £3314.80 -26%

5. Lafleur (1990) £15132.00 -24%
6. Margaux (1990) £9892.82 -22%

7. Margaux (2006) £1637.50 -21%
8. Rieussec (1997) £541.76 -21%

9. Grand Puy Lacoste (2001) £363.50 -19%
10. Ausone (2003) £16351.54 -18%

1. Pin (1985) £14048.57 -38%
2. Pin (2004) £9500.00 -29%

3. Margaux (2000) £9221.13 -29%
4. Louis Roederer Cristal (1995) £2136.00 -29%

5. Margaux (1990) £9892.82 -27%
6. Leoville Poyferre (1983) £680.00 -27%

7. DRC, Romanee St Vivant (2000) £412.88 -25%
8. Krug (1988) £2383.00 -22%

9. Mission Haut Brion (2006) £1400.15 -22%
10. Climens (1996) £713.48 -21%

Prices shown are today's Current Average List Price in GBP for a Standard In Bond case of 12x75cl OWC (unless stated otherwise) and are presented under license from Liv-ex.com

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The Appeal of Fine Wine

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