Is Petrus worth the price?

In the world of great Bordeaux, Petrus is certainly a top performer at auctions. But is paying several thousand euros for a bottle of this famous Pomerol really worth it?
Image of Petrus
The great wines of Bordeaux are not all part of the 1855 classification, which concentrates on the left bank of Bordeaux. Located in the heart of the Pomerol appellation and property of the Moueix family, Petrus is proof of this, distinguishing itself as potentially the best red wine in the world.

From Paris to Hong Kong and New York, a bottle of Petrus sells for several thousand euros, sometimes reaching double the iDealwine estimate on older vintages. In June 2012, a bottle of 1959 sold for €3,670 through Acker Merrall & Condit in New York, while a 1982 bottle went for €4,300 at Christie’s in Hong Kong.

Despite the hype surrounding the legend of Petrus, the question remains: is it really worth the price? Only an exceptional taster could answer this. Jay McInerney, writer and wine connoisseur, visited Bridgehampton Wine Company in New York, a new private club created by Leslie Alexander. Bridgehampton won the auction bid at Acker Merrall & Condit in December 2011 on a vertical of Petrus, with 57 vintages, including the legendary 1945 vintage, sold for HKD1,952,000 (equivalent to €1,870,00), an average of €3,200 per bottle!

The tasting took place in June 2012 and was overseen by renowned taster and critic, James Suckling, who has previously rated some Petrus vintages 100/100, including the 1989 and 1990.Petrus image

The result of the tasting was clear: Petrus is a great wine of exceptional longevity, with recent vintages showing enormous potential. However, the difference between vintages can be massive and some years may therefore be disappointing.

Petrus is undeniably one of the best red wines in the world, a true wine icon. But other Pomerol areas deserve more recognition, with La Conseillante, Latour à Pomerol and L’Evangile sometimes managing to surpass Petrus.

iDealwine prices on the Petrus vertical:

Vintage iDealwine price Trend Vintage iDealwine price Trend
1945 €5,795 + 1979 €858 +
1947 €5,380 + 1980 €816
1948 €1,794 = 1981 €811
1949 €2,269 = 1982 €3,029
1951 €3,389 = 1983 €839
1952 €885 + 1984 €756
1953 €1,274 1985 €970
1954 €1,806 + 1986 €934
1955 €1,273 + 1987 €932 +
1957 €680 1988 €1,019 +
1959 €1,706 1989 €2,227
1960 €1,104 + 1990 €2,491
1961 €7,320 + 1992 €917 +
1962 €1,632 + 1993 €944
1963 €1,597 + 1994 €979 +
1964 €1,779 + 1995 €1,222 +
1966 €861 + 1996 €1,037
1967 €1,416 + 1997 €961
1968 €1,416 + 1998 €1,899
1969 €737 + 1999 €1,107
1970 €1,155 2000 €2,855
1971 €1,136 2001 €1,290 +
1972 €602 2002 €1,034
1973 €720 + 2003 €1,278
1974 €852 + 2004 €1,194 +
1975 €1,068 2005 €2,249
1976 €804 2006 €1,172
1977 €620 + 2007 €983
1978 €850 +
iDealwine estimate: €88,718

 

Translated from the original French article written by Jeanne Bourgain for iDealwine

 

Visit iDealwine.com

 

0 Partages

Tags:

  • Show Comments

Your email address will not be published. Required fields are marked *

comment *

  • name *

  • email *

  • website *

You May Also Like

vintage two

The 2016 vintage in France (part 2)

Following our round up of the 2016 vintage in the northern regions of France, this week we will be focusing ...

auction spain wonders

Auction: fine vintages and wonders from Spain, from 1840 to 2016 AUCTION CLOSED 12/04/2018

The latest iDealwine auction is here and it’s a satisfying selection of 7,500 bottles. Find that special grand cru or ...

Vente-encheres-Hospices-de-Nuits-2019 1

Hospices de Nuits auctions: total sales down by over 15%

The 58th Hospices de Nuits-Saint-Georges auctions took place last Sunday 18th March, with a disappointing result, down 15%.