Robert Parker finds Bordeaux prices hard to swallow

 

the world's most influential wine critics is alarmed by the high price of Bordeaux wine.

"Bordeaux is focused too much on the wealthy Asian market," Parker said. "Despite the fact that China has so many wealthy people, it's a very dangerous game if they raise prices, because the world economy is very, very fragile."

It would be a "smart move" for top chateaux to sell the 2010 vintage 10 to 20 percent lower than the 2009 vintage, which commanded record prices, he added.

"If they come higher than 2009, we're going to have a big, big crisis."

 

and guess what: they did come out higher, and not by a bit!

 

Top 10 highest price increases over 2009 

 

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Parker rates bordeaux 2010 among the 3 best vintages he tasted in his carreer.

Robert Parker says the 2010 is together with the 2009 and  the 2005 the best bordeaux vintage he has ever tasted.

Robert Parker's best bordeaux in 2010:

 

 

2010 bordeaux  that parker rated higher than the 2009 vintage: 

 

2010 bordeaux that parker  rated lower than the 2009 vintage: 

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Parker relegates the coverage of California wine to Galloni

  The emperor of wine, legendary critic Robert Parker, the founder of the Wine Advocate, has relegated the coverage of california wine to Antonio Gallone, who is already covering south america and will also cover Champagne, Chablis and Burgundy.

Parker's influence in wine, and specifically in California wine, is huge. Some say that you can lay the responsibility for the popular big, bold, pricey status Napa Cabs nearly wholly in his lap. 

He will now focus on horizontal and vertical tastings of perfectly stored California wines to see how they develop, and will still cover bordeaux and  the Rhone.

 

The announcement comes as a clear reminder that, at 63, Parker's retirement is looming ever closer.  The question is  whether  the full retirement  would  mark the end - and beginning - of an era. 

Whether or not the Wine Advocate will continue  to influence  demand and thus the price of wine as it has been doing  up to now.   

 

It is not by  coincidence that  Parker appointed  Galloni.

Antonio Galloni is an extremely  talented taster and it will be  of great interest ,  how Galloni's coverage of California and Burgundy will compare or differ from that of his predecessor - particularly given Parker's taste for rich, ripe styles.  

Wine Advocate began with one man's palate but has  now a whole team of tasters cover the world.  

90pluswines  will follow up and report  on the evolution in  tasting notes  of domaines now covered by Galloni.

 

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Pingus 2008 bottled and approved

On Juin 30 Parker released his opinion on the latest Pingus. The 2008 was already 'one to watch'.

Pingus 2008 circles around 400 Euro, with Parkers approval (99/100) on Juin 30th it might get one to purchase as soon as possible! 

Pingus is made by the Danish winemaker Peter Sisseck, He first came to Spain in the early nineties and made his first Pingus in 1995. The wines where first vinified at the cellars of Finca Villacreces in Ribera.

Also the grapes for his second wine  'Flor de Pingus' where delivered by Villacreces in 2003. Since Parker quoted 1998 98/100 this wine has become an icon and wanted wine! the first Pingus in 1995 where available at 25 euro, while the avarage price today is 955 euro!

a good invester could have gained some money on this modest wine.

pingus since 1995:

name vintage Parker's latest score avarage market price since 2003 avarage market price today dif
Pingus 2008 99/100 429 429 0
Pingus 2007 98/100 437 571 134
Pingus 2006 98/100 407 734 327
Pingus 2005 99/100 481 653 172
Pingus 2004 100/100 662 927 265
Pingus 2003 96-100/100 371 565 194
Pingus 2002 / / / /
Pingus 2001 95/100 328 612 284
Pingus 2000 96/100 536 644 108
Pingus 1999 98/100 393 559 166
Pingus 1998 90/100 308 396 88
Pingus 1997 89/100 316 500 184
Pingus 1996 / 431 565 134
Pingus 1995 / 611 975 364
                     

 

 

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2009 will kick-start the Asian futures market: Parker

Asian collectors and consumers are going to buy Bordeaux 2009 as avidly as the Americans bought 1982, Robert Parker says.
In the latest issue of The Wine Advocate, in which the critic publishes his scores for the 2009 vintage, Parker makes clear he thinks this is the vintage that will convert Asia to buying Bordeaux futures.
“The old song and dance that the Asians don't pre-pay for wines, preferring to buy in bottle, is no longer true. Americans rarely bought “wine futures” thirty years ago, but all that changed with the 1982s, and it will change for the Asians with the 2009s.” (source Decanter).

 

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parker on bordeaux 2009 prices

Americans rarely bought “wine futures” thirty years ago, but that all changed with the 1982s, and it will change for the Asians with the 2009s. They are going to buy these wines.

Forget the first-growths. They have become luxury products, and possess the same prestigious image as Rolls Royce, Bentley, or Aston Martin cars, Roger Dubuis or Berguet watches, or haute couture from Chanel or Christian Dior.

 

 

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Parker scores 21 bordeaux 2009 with a potential perfect score

 

PARKER 2009

wines with  (*) have the "finest potential of all the offerings ever tasted from that estate in nearly 32 years of barrel tasting samples in Bordeaux".

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