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Wine auction market: iDealwine reaffirms its #1 ranking

Catherine Chadelat, president of the Conseil des ventes volontaires (French Council of Auctioneers) released the annual activity report for 2015 to the press end of June. The wine auction market increased slightly and iDealwine was once again designated as the leading French player by a considerable margin.   A niche market which has grown slightly in 2015 Wine remains a niche market in the public auction arena in France with only 2.5% shares in the total “Art and Collectables” sector. Grands crus from Bordeaux and Burgundy account for the majority of the sales…

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Auction report: mature vintages from the top Burgundy on the rise

  The sale that closed on 15 June saw a let-up in prices for several regions, notably Champagne, Bordeaux, and in Languedoc the Grange des Pères.  Burgundy, by contrast, had a strong showing, particularly for whites. In Bordeaux, one of the main market indicators is Château Lafite Rothschild, which has long served as a barometer of Asian demand. At present we are seeing a stabilisation or even a slight fall in the prices of wines from this Pauillac premier cru. Bottles from 1982 and 1996 sold for the same as their iDealwine estimate…

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Brexit and its impact on the wine market

Following the announcement of Brexit, shock waves ran through the wine market too. Even if it is still too early to forecast with any accuracy what its medium or long term effects will be, we are already able to broadly outline how Brexit will impact on wine trading between the United Kingdom and Europe. The United Kingdom has always held a dominant position in the wine market, a position maintained in particular by the strengthen of leading merchants and long-established brokers who are able to call the shots when it comes to prices…

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Read more about the article Are expensive wines really better?
Wine
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Are expensive wines really better?

When it comes to selecting a wine we’ve never tasted before, we’ve all asked ourselves this question: can we be certain (or at least stand a greater chance) of getting a top quality wine if we pay a higher price? In theory this is a hard question to answer … However, it would seem that scientific experience from blind tastings can give us some valuable insight into this matter … François Lévêque (Professor of Economics at Mines-Paristech) has written a fascinating article on this topic for lesechos.fr and iDealwine, so we decided it…

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Auction Report: marked success for the big names from the Rhône

In the auction closed on 1st June, the jewels of the Rhône valley – the bottle of Hermitage La Chapelle 1961, and others besides – made their mark. In Alsace, the Rieslings from the Trimbach stood out.  As usual, our connoisseurs were on the look-out for the kind of quality bottles they love. And in the auction that closed on 25th May, there were ample bargains to be had from every region. From Bordeaux, several cases of grands crus of the 2008 vintage (Latour, Petrus, Haut Brion, Cheval Blanc, Margaux, Mouton Rothschild) sold…

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Slowdown in price for Burgundy grands crus?

iDealwine's iDealwine indices recorded a token increase of 0.11% in May, taking their performance since the beginning of 2016 to 4.60%. The month of May saw a slight fall in the prices of wines from Burgundy. It may well be a one-off, but in May wines from Burgundy experienced something of a quiet spell in terms of auction prices. Having long been the main driver of growth in the iDealwine wine indices, they fell back slightly during May. The fall may have been tiny (-0.02%), but it contrasts sharply with the trends noted…

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How good is the 2013 vintage?

Our "Vintage Guide" section has been updated to include comments and scores for 2013. Find out more about a year that was marked by precarious climatic conditions. At iDealwine, we are not content just to share our finest wine discoveries with you. We also want to arm you with the information you need to navigate this complex world and to choose well. Every year, we carry out a region by region review of France's winegrowing areas and allocate a score to each vineyard and wine colour. A time lag is to be expected…

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Auction report: Dagueneau grabs headlines

The auctions of 11th May included their share of treasures from all regions… not least in the Loire valley, where Dagueneau was particularly well represented. Let's take a closer look at the world of rare wines. Each of France's main wine regions has its own little hidden gems – a fact well known to eager connoisseurs, prompting a number of lively battles at the online auctions of 11 May. As wine lovers will tell you, the Loire valley is home to two superstars: Clos Rougeard in Saumur-Champigny, and Dagueneau in Pouilly-Fumé. And it was…

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Ruinart, the very first Champagne house – since 1729

Ruinart is known internationally for the quality of its chardonnay grapes and the purity and aromatic finesse of its cuvées. This illustrious Champagne house has been in business since the beginning of the 18th Century. The history of this renowned Champagne house spans more than three centuries. The story began in the era of Louis XIV with a Benedictine monk, Dom Thierry Ruinart (1657-1709). Originally from Champagne, Dom Thierry worked in t he Abbey of Saint-Germain-des-Prés in Paris where he became aware of worldly society and the "bubbling wine" much loved by young…

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iDealwine’s WineDex® 100 remains stable in April and up 4.48% in 2016

iDealwine's wine indexes showed little movement in April. However, they have kept ahead of the CAC 40 index since the start of the 2016 financial year. On the auction front, a "wait and see" approach is always required in this "pre-primeur" period, and prices of recent vintages, most of which are listed in iDealwine's indices iDealwineindexes, remained stable in April: the iDealwine indice100 rose slightly to 0.42%, driven mainly by wines from the Rhône valley (+ 0.63% for iDealwine indiceRhône) and also by Burgundy wines (+ 0.49%) . In Bordeaux, stable rates are…

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