November 2015 – Le blog iDealwine

Post author:iDealwine
Post published:24 November 2015

Changes of ownership at Châteaux de Rayne-Vigneau and La Tour de Mons

CA Grands Crus, subsidiary of French bank Crédit Agricole and Caisses Régionales d’Aquitaine et du Languedoc, owner since 2004 of the renowned Sauternes Chateau Rayne-Vigneau in Bommes, has just sold the majority of its shares to the group Trésor du Patrimoine. In the same time, CA Grands Crus is becoming sole owner of Chateau La Tour de Mons in Margaux. Chateau Rayne Vigneau owns 84 hectares of vineyards in one piece, near the legendary Château d'Yquem. Its sub-soil is composed of sandy gravel on clay and is planted with 74% Sémillon,…

Post author:iDealwine
Post published:24 November 2015

November 12th Auction Report: 1990 vintage, Romanée Conti, Jamet…

The proportion of foreign buyers in the latest auctions increased significantly, especially for the rarest and most expensive bottles. In the auction closed on 12th November, we could note a strong demand for the 1990 vintage as well as for special releases and collectors’ bottles. In Bordeaux, older vintages did particularly well as this bottle of Château Latour à Pomerol 1959 that went for €1,200 to a wine lover from Hong Kong. In Sauternes, a Château d’Yquem 1958 reached €840 (+25%). Beyond the most significant price evolutions, note Château Margaux 1990, sold…

Post author:iDealwine
Post published:22 November 2015

October 28th Auction Report

Stunning auction wines reach new heights The Online Auction that closed end of October saw 2,000 lots sold, with prices ranging from €10 to more than €10,000, the latter paid for a 2002 Romanée-Conti. Buyers from more than 30 countries competed, resulting in some of these wines to cross the €1,000 threshold – in some cases for the first time. Petrus, the undisputed star of Bordeaux In Bordeaux, it is clear that Petrus is still in the lead. This famous Pomerol recorded price increases of at least 10% compared to the iDealwine estimate,…

Post author:iDealwine
Post published:22 November 2015

The WineDex® registered slight rise in October

The iDealwine 100 index, which includes the great wines of Bordeaux, Burgundy and the Rhône Valley, remained relatively stable in October (+0.18%), at least compared to the CAC 40. But since January 2015, its progression has remained significant at +9.75%, and even more so over the last 12 months (10.46%). This is due to sharp increases earlier this year, with the inclusion of the 2010 vintage. It is once again the Burgundy indices iDealwinethat leads the pack, with an increase of 0.28% during October. A progress slower than in previous months, but…