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| | Of Course, these wines have now been delivered and are no longer
for sale as futures. But we will be preserving this site so that those who
are interested can compare the present retail pricing for these wines with their
value at the time of its future offering. Such comparisons can be
informative and illustrate the value of participating in Bordeaux futures
offerings.
Copy from 4/1/02
theWineSeller
sez:
"Buy Everything in Sight
with a Score of "88" or Better"
"What to Do
About those 2000 Futures
At This Late Date?"
Robert Parker, in
his most recent issue of The Wine Advocate, has, after another
round of tasting in Bordeaux, reiterated and buttressed his earlier observations
about the great Bordeaux vintage of 2000. He even takes the rhetoric to the next level with
the statement that "This
is the greatest vintage Bordeaux has ever produced."
And, even at this late stage, due largely to Bob's foresight and purchasing
acumen, we've still got 94 different wines with inventory remaining, though
those inventories are getting quite thin. And the question comes to me about
what
would I do at this late stage of the futures game in 2000 Bordeaux?
So, I've perused the pickings available at the beginning of April. And my
reply is that I'd be buying. Buying everything in sight under $25 with a rating of 88 or
better. Buying, buying, BUYING!
This Parker guy, an acquaintance for over 25 years, has yet to lead us
astray. And his personal expertise lies in Bordeaux. And he says,
not that it's only a great vintage, but even more; that it is "...the greatest
vintage Bordeaux has ever
produced."
Young, new collectors
and old veterans alike: clean out a corner of that basement and BUY!
If you've already taken a position, BUY MORE! You will not regret this
decision, as the only regret likely is the bemoaning to be heard if one delays
this action. And there remains over 26 wines fitting this description of
"88 or better", and another
dozen+ if you push the value up another 5 or 10 bucks. Astonishing, and
something that we've NEVER witnessed in our 30+ years in the biz. Great
wines usually reside at the top, with a "lucky" winner or two in the
bottom ranks, and they usually disappear quickly because of the surge in
interest. But in this year greatness abounds. The lower ranks are full
of seriously great wines. And that's the reason for the abundance of
choices still remaining. That and Bob's having seen the light earlier than
most and having acted on it. But they'll ALL be gone come the vernal equinox
only a few months hence, of that you can be sure.
Buy,
buy, BUY. We're not likely to see a condition like this again. BUY!
theWineSeller
for the
Staff @ Kreston's
New
Copy 10/20/01
We
Said This Was Going To Be Fun...
An Old Collector's Tip On "What to Do
About those 2000 Futures?"
or See What $1k
Now and $1k
@ Delivery Can Get You!!
It's no secret how I
feel about this vintage. It's just that it has come at a perfect time in
my life. For all of the reasons that I set out in this space a few months
ago, and that appears below, I'm having some fun with it all. Fun selling
these wines to you, and fun stashing more and more of these away for my own
enjoyment down the road.
And because of the great demand that all but dried up my
selections from a few months ago, I've revised those below to reflect wines that
are currently in our stocks and available for purchase. At least at the
time of this writing at Oct. 20.
And the market, as markets do, is marching along. Talk
about "pent-up" demand. The demand for these wines has genuinely
been like nothing we're ever experienced in the twenty years that we've been
selling futures on Bordeaux. Unreal. And the prices are beginning to
rise, in some cases, rather dramatically. What was $600 on the first
round, is climbing to $900 on subsequent tranches. Not bad for those who
took large positions in this first round. But even at the increases, the
values here can be astounding.
But that's for me to convince you of down the road. For
now, what we have left from the first tranche is still quite impressive, meaning
that noone's missed the boat YET. This morning there are still over 100
selections available from our original offering of 160 or so Chateaux, the most
extensive in our history.
All that I've said below still holds. Great Wines at
Great Prices. If you've been thinking about collecting, now is the time.
Originally Posted 2/01/01
Not to blow my own horn, but I've been doing this
for quite a while. Since my first bottle of Cru Beaujolais and chunk of
Jarlsberg cheese in '71 to be exact. And been buying and selling Bordeaux
futures since the 1980 vintage two decades ago. And it brings me to the
realization that I'm getting old. Closer to the end of my career than to
its beginning, those thousands of bottles of wine ago. And in all of those
vintages I've never told you what I'VE bought from any particular vintage's
futures offerings. And this year seems particularly ripe for such an
exercise, because the why's of my choices will fit with collectors both at the
start of their building of cellars, and for those like myself that are beginning
to be conscious of frivolous spending as retirement looms on the not too distant
horizon.
And as I've stated in this month's "Staff Picks,"
this vintage is going to be fun to sell and fun to drink. For a great
vintage is where wines of lesser stature shine. Where the cru bourgeois
and fifth growths achieve the stature of second and sometimes first growth
wines. Where scores of 88 on The Wine Advocate and The Wine
Spectator's 100 point scales abound.
So for a guy who has had the privilege of drinking the finest
wines the world has had to offer over the last 30 years, my palate is perfectly
satisfied to pocket the money and take advantage of what nature has bestowed on
me. When I've got no one to impress but my well-educated
palate.
So I've taken a good hard look at the 100 or so wines that
make up the premier tranche of 2000 Bordeaux currently in our futures offer, and
I've come up with an astounding array of wines for the budget AND quality
conscious. A cellar selection that gives a great quantity of wine for what
seems like the prices of the '80's! These are what I'm putting in my
cellar. And believe me, I can be picky when it comes to Bordeaux.
And I'm loving this to no end.
In Summary: It totals just over $2k and it ends up being
eleven cases of wine. That's 11
cases of great Bordeaux from a variety of communes and a good mix of Merlot and
/ or Cabernet dominated wines. All averaging scores of 87 or better.
And averaging but $15 a bottle!! Astonishing! And if I were
younger, I'd be buying more. But at 50, 11 cases of these beauties will
keep me in great, special occasion drinking well into my 60's as these
babies mature. And I'm a guy that lets them age, so I won't be getting
into any of these until just this side of the turn of the decade. That's
in good storage at optimum temperature. Because if I've learned anything, it's the
joy that 10 years brings to the wine experience, and I've found that lesser
wines in great vintages will go this distance and much more quite easily. As
an example, I've only recently finished the last of '78 Jaboulet Parallele '45', a simple
Cotes du Rhone that has given me incredible satisfaction over the last 12 years,
having had the patience to wait 8 years before getting into my 60 bottles of
this (then) $4
wine. That Gerard Jaboulet was a friend certainly added to the wine's
enjoyment, but this wine has stood as my stalwart example of the joys to be had
from ordinary wine in exceptional vintages. And I'm doing it again here
with the 2000 Bordeaux. I'll let these wines cook, and I'll love them
right into my twilight. Here they are:
Wine Selections Revised 10/20/01
|
Item / Commune |
Wine Advocate
/
Wine Spectator
Scores |
Single Bottle |
6 Bottles |
Full Case |
In The
Cellar |
| Lilian
Ladouys,
Sainte Estephe |
|
|
|
120 |
222 |
1 Case |
| |
|
|
|
|
|
| Hortevie, Sainte
Julien |
/ |
20 |
114 |
210 |
1 Case |
|
|
|
|
|
|
| Marjosse, Cote
de Castillion |
88-89
/ 85-88 |
12 |
65 |
120 |
1 Case |
| |
|
|
|
|
|
| du Cauze, St.
Emilion |
87-88
/ |
18 |
99 |
186 |
1 Case |
|
|
|
|
|
|
| Franc Maillet, Pomerol |
87-88
/ 85-88 |
26 |
149 |
275 |
1 Case |
|
|
|
|
|
|
| Beau-Site,
Sainte Estephe |
85-86
/85-88 |
18 |
97 |
179 |
1 Case |
| |
|
|
|
|
|
| Boyd Cantenac, Margaux |
88-89+
/ 85-88 |
25 |
138 |
255 |
1 Case |
|
|
|
|
|
|
| Beaumont, Haut
Medoc |
86-87
/ 89-91 |
16 |
85 |
155 |
1 Case |
| |
|
|
|
|
|
| Caronne St. Gemme,
Haut Medoc |
/ |
14 |
78 |
143 |
1 Case |
|
|
|
|
|
|
| Sainte Colombe,
Blaye/ Bourg/ Castillon |
86-87
/ 85-88 |
15 |
85 |
158 |
1 Case |
| "Friendly wine.
Very grapey, verging on raisiny. Medium-bodied, with pleasant tannins and
fruit. SCORE: 85-88" Wine Spectator |
|
|
|
|
|
| Tour du Moulin,
Fronsac |
/ 85-88 |
17 |
93 |
172 |
1 Case |
|
|
|
|
|
|
| |
|
$203
$18.45 ave. bottle
|
$1123
$17.01 ave.
bottle
|
$2075
$15.71 ave.
bottle
WOW!!
|
11 Cases
|
Some of Joe's
other Musings on these 2000 Bordeaux:
Only
one thing on this old Wine Seller's mind...and that's
BORDEAUX 2000...
The Vintage we've all been waiting
for!!
We're
so excited, we can barely contain ourselves. I'm talking, less than once
in a decade excited! I'm talking, not in the last 20 years
excited! It is that kind of vintage...
But there's other
factors at play here. Big factors. The confluence of time and
destiny factors. You see Bordeaux, and most of the French wine scene in
general, has been going through a seemingly accelerated period of
transition. Read the "Boomers" are taking the reins. And
with this transition over the last decade incredible amounts of money has been
pouring into needy estates. Gone are the 500 and 1000 gallon wooden
fermentation vats, some of which went back to World War I. In has come
stainless steel with temperature control. The effect this one great change
alone has had on the overall quality of the wines has been astounding. But
this new generation comes well schooled too. Oenology at the University of
Bordeaux thrives. And these young (40's and 50's) turks are determined to
express the individuality of their particular terroirs. And succeed they
have. And given the grace of a great vintage's fruit, they have excelled
tremendously. We have been confirming it over and over. Those coming
from early tastings of this great vintage unanimously sing its praises. As
ROBERT PARKER published in his WINE ADVOCATE devoted to these 2000's :
"Considering all appellations,
the greatest vintage since 1990...given the superlative quality of many lesser
known wines, and the new generation of superstars from satellite appellations
such as Cotes de Castillon, Lalande de Pomerol, Cotes de Bourg, and even the
Premieres Cotes de Bordeaux, frugal consumers
could easily stock an entire cellar from these regions with sumptuous wines
rated 88 and above that will retail for well under $ 20.00 a bottle.
There are numerous terrific wines from these sectors as well as lower level
St. Emilions, in addition to Fronsacs and Crus Bourgeois from the Medoc. This
is the finest Bordeaux vintage since 1982 for wines with lesser pedigrees.
Good hunting!".
And there is the
challenge. Great drinking over the next decade with wines of
reasonable cost from this great vintage. Get a look at the Bordeaux
2000 section. Look at the number of wines in these great price
categories. Look at the names! Oh Boy! Stay tuned!! We'll get back to focusing in
on those "Under $10" gems next issue, but for now we're sharpening up
our pencil and making our choices for these 2000's. Gotta move quickly
though, because demand will dry these wines up in only a few months, if not
sooner, with the strength of the demand that we've been seeing.
'Till then, pour one for Elwood and me!
Joe Woody
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