The Most Undervalued Wine in the Market?
We firmly believe that this is one of the most undervalued wines available in today’s market.
Chateau Pape Clement 2012
12x75cl@ £740 each-
Robert Parker (Wine Advocate) score: 97/100
Château Pape Clément is one of the oldest Grands Crus of Bordeaux, is named after Pope Clement of 1305 and its first harvest dates back to 1252!
Here’s what Robert Parker says about the 2012 vintage
“The iconic 2012 Pape Clement is a candidate for near-perfection as well as one of the wines of the vintage. From proprietor Bernard Magrez, this is a blend of 51% Cabernet Sauvignon, 46% Merlot, 2% Petit Verdot and 1% Cabernet Franc. This extraordinary vineyard (a few miles to the west of Haut Brion and La Mission Haut Brion) has hit all the highlights of this vintage. Interestingly, the quality of the Pomerols and Graves wines in 2012 is closer to what one would consider a great vintage than the general image of 2012. This is truly great wine and not far off their magnificent 2005 and 2010. Full-bodied, with rich cassis, subtle burning embers and spice followed by velvety, well-integrated tannins, the wine is lush, expansive, savory and profound. This is a remarkable wine that could be drunk at a reasonably young age, but should cellar brilliantly for a quarter-century. Yields were modest at 37 hectoliters per hectare from this 132-acre estate. The alcohol level came in at 13.5%.”
This wine was originally scored 92-95 when tasted En Primeur.
Once bottled it was given a hefty upgrade to 97/100, making it one of the highest scoring vintages ever from this estate yet it remains one of the cheapest.
Take a look when compared other vintages
(prices based on 30 day average from www.Liv-ex.com).
2012 £740.00 97/100
2010 £2,104.00 100/100
2009 £1,617.00 95/100
2005 £1,802.00 98/100
2003 £1,005.00 95/100
2001 £1,199.00 95/100
2000 £1,525.00 96/100
I think that you will agree, this wine is too cheap at today’s price and it looks as if it should be £1,000+ before too long.
Using our analysis, we have mapped out the chart below which shows the relationship between vintages of Pape Clement and their respective scores from Robert Parker.
The curved line shows where each vintage of Pape Clement should be priced relative to its score.
As you can see, the right price for the 2012 looks to be £1,000, meaning that at £740 per case there is more that 35% to gain before it reaches a fair value!
Not a bad return and it could get there very soon considering the price rose by nearly 10% last month!
The term “no brainer” gets thrown around too freely but this is one stock that clearly deserves that accolade!
Hurry up and get involved, the market is already catching on. This was one of the best performing wines last month and we think that this trend can continue.
As a bonus, we are offering the first 50 cases (12x75cl) at £740 each which is £20 a case lower than the market price, while stocks last.
Once receiving your request we will be in touch to confirm your allocation. All orders are subject to final confirmation.
Click here or reply to this email and let us know how many cases you would like to pick up.